Toride Land average value

Price 29,474 JPY/sq.m
- Dist. from Sta. 40.0 min walk
- Property area 336 sq.m

The average price of Ibaraki JR Joban Line Toride Land, in 2019 was 23,106 JPY/sq.m. The market value represents a decrease of 2,800 JPY (-10.8%) compared to 1 year ago and a transition to a weak market.

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving very large size more than 200 sq.m.

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 41.8 min in 2018 and 60.3 min in 2019; +44.4%)
Data regarding the market value and its changes of Land in Toride were calculated using data on the sales of 370 properties provided by the MLIT Japan.

Toride Land transaction price list

areaTrading PriceUnit PriceStationDistance from the station
井野30,000,000JPY- JPY/sq.mToride27 min
青柳9,000,000JPY23,684 JPY/sq.mToride28 min
井野18,000,000JPY15,000 JPY/sq.mToride28 min
井野8,300,000JPY50,303 JPY/sq.mToride28 min
井野12,000,000JPY13,636 JPY/sq.mToride28 min
井野9,200,000JPY55,758 JPY/sq.mToride28 min
井野72,000,000JPY45,000 JPY/sq.mToride28 min
青柳9,900,000JPY63,871 JPY/sq.mToride28 min
4,000,000JPY9,302 JPY/sq.mToride28 min
桑原23,000,000JPY15,333 JPY/sq.mToride28 min
桑原1,800,000JPY15,652 JPY/sq.mToride28 min
桑原1,900,000JPY15,833 JPY/sq.mToride28 min
桑原500,000JPY4,762 JPY/sq.mToride28 min
井野9,200,000JPY65,714 JPY/sq.mToride28 min
桑原18,000,000JPY58,065 JPY/sq.mToride28 min
井野8,200,000JPY48,235 JPY/sq.mToride28 min
桑原5,500,000JPY40,741 JPY/sq.mToride28 min
青柳21,000,000JPY61,765 JPY/sq.mToride29 min
吉田2,000,000JPY5,128 JPY/sq.mToride29 min
青柳19,000,000JPY90,476 JPY/sq.mToride29 min

Toride Land value Distance From The Station transition

Market values (unit price: sq.m, ㎡) in terms of Distance From The Station, is as follow.

The orange line means market values (unit price: sq.m) for Land in terms of Distance From The Station. The orange line changes on the basis of distance from the train station and area of the property (* For example , if the distance from the station is far, the lower the unit price.).

The dots means trading data. When you mouseover or touch the dot, details of the trading data is displayed. You can color (classify) the dots on the basis of the property area, distance from the stations, or the property price, etc.

(* You can scroll and zoom with pinch in the mobile environment.)
(* When you double-click, the value of Distance From The Station is updated.)
Color:
Unit:   Touch:



Land value Distance From The Station transition. Market values in terms of Distance From The Station.

Land value Distance From The Station transition

Property Details:
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- Trading date: {{infoObj.trade_date|date:'MMMM, yyyy'}}

When you change the slider, the unit price will change.
Age of a building Property area Total floor area Distance from the station




Calculate Toride Land market value

We can calculate market values for Land based on their age, area, and distance from a train station.

Age
years old
Area
sq.m
Total floor space
sq.m
Distance from the station
min walk

Market values for Toride Land that meet the above conditions were calculated in the following manner.

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({{unit_price|number:0}} JPY/sq.m)

The assumed transaction price, not including agency commissions, taxes, etc.

Trading Data

Past Land sales data, with similarly entered ages, area, and distances from station are as follows.

1. Ibaraki Toride-Shi 青柳 (Toride-Shi Toride 29.0 min walk)
, Area: 210 sq.m , Total floor area: sq.m
- Trading date: 2008-12-01 00:00:00

Trading price:   19,000,000 JPY,    Unit price:   90,476 JPY/sq.m

2. Ibaraki Toride-Shi 井野 (Toride-Shi Toride 30.0 min walk)
, Area: 185 sq.m , Total floor area: sq.m
- Trading date: 2015-03-01 00:00:00

Trading price:   8,700,000 JPY,    Unit price:   47,027 JPY/sq.m

3. Ibaraki Toride-Shi 西 (Toride-Shi Toride 30.0 min walk)
, Area: 185 sq.m , Total floor area: sq.m
- Trading date: 2019-06-01 00:00:00

Trading price:   6,000,000 JPY,    Unit price:   32,432 JPY/sq.m

4. Ibaraki Toride-Shi 光風台 (Toride-Shi Toride 30.0 min walk)
, Area: 200 sq.m , Total floor area: sq.m
- Trading date: 2011-12-01 00:00:00

Trading price:   6,500,000 JPY,    Unit price:   32,500 JPY/sq.m

5. Ibaraki Toride-Shi 小文間 (Toride-Shi Toride 30.0 min walk)
, Area: 195 sq.m , Total floor area: sq.m
- Trading date: 2008-09-01 00:00:00

Trading price:   1,200,000 JPY,    Unit price:   6,154 JPY/sq.m

6. Ibaraki Toride-Shi 光風台 (Toride-Shi Toride 30.0 min walk)
, Area: 210 sq.m , Total floor area: sq.m
- Trading date: 2008-03-01 00:00:00

Trading price:   5,500,000 JPY,    Unit price:   26,190 JPY/sq.m

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- Trading date: {{item.trade_date|date:'MMMM, yyyy'}}

Trading price:   {{item.price|number:0}} JPY,    Unit price:   {{item.unit_price|number:0}} JPY/sq.m

Land market value trends

Market value trends for Land are as follows.

Data:
Unit:   Touch:



Land market value trends Market value trends for Land.

Land market value trends


Breakdown of each segment

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving very large size more than 200 sq.m.

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 41.8 min in 2018 and 60.3 min in 2019; +44.4%)
The table below shows Land dealt in Ibaraki JR Joban Line Toride, in age, distance from station, and area segments. For example, we can see market trends, such as which transactions have increased more in recent years, those for newer properties, or older ones.

Segment:

Area close to the price in Toride

The closest areas in terms of Land price ranges to this area are ones like the following that are along a railway line and have a station.

Area / Station Median
Price
JPY
Unit price
JPY/sq.m
Age
Years old
Distance
min walk
Area
JR Joban Line Hitachinoushiku (702) [Stations]11,000,00030,303 JPY/sq.m yrs30 min240 sq.m
JR Joban Line Hitachi (470) [Stations]9,000,00030,306 JPY/sq.m yrs26 min265 sq.m
JR Joban Line Sawa (620) [Stations]8,500,00027,450 JPY/sq.m yrs26 min295 sq.m
JR Joban Line Akatsuka (1,756) [Stations]7,550,00026,000 JPY/sq.m yrs30 min280 sq.m
JR Joban Line Toukai (718) [Stations]8,900,00026,000 JPY/sq.m yrs26 min290 sq.m