Tsuchiura Land average value

Price 22,274 JPY/sq.m
- Dist. from Sta. 46.1 min walk
- Property area 642 sq.m

The average price of Ibaraki JR Joban Line Tsuchiura Land, in 2019 was 22,905 JPY/sq.m. The market value represents an increase of 5,681 JPY (+33.0%) compared to 1 year ago and a transition to a dramatic market.

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station.

Cause of price increases

  • An decrease in average distance from the station (representing 46.1 min in 2018 and 39.9 min in 2019; -13.5%)
  • A dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 1.6% of total transactions in 2018 and 6.5% of total transactions in 2019)
Data regarding the market value and its changes of Land in Tsuchiura were calculated using data on the sales of 1,253 properties provided by the MLIT Japan.

Tsuchiura Land transaction price list

areaTrading PriceUnit PriceStationDistance from the station
板谷10,000,000JPY30,303 JPY/sq.mTsuchiura30 min
上高津400,000JPY606 JPY/sq.mTsuchiura30 min
下高津15,000,000JPY32,608 JPY/sq.mTsuchiura30 min
下高津4,600,000JPY36,800 JPY/sq.mTsuchiura30 min
下高津14,000,000JPY45,161 JPY/sq.mTsuchiura30 min
永国台17,000,000JPY53,125 JPY/sq.mTsuchiura30 min
永国台18,000,000JPY50,000 JPY/sq.mTsuchiura30 min
永国台20,000,000JPY55,555 JPY/sq.mTsuchiura30 min
永国台47,000,000JPY61,038 JPY/sq.mTsuchiura30 min
永国台16,000,000JPY55,172 JPY/sq.mTsuchiura30 min
真鍋8,300,000JPY34,583 JPY/sq.mTsuchiura30 min
真鍋13,000,000JPY44,827 JPY/sq.mTsuchiura30 min
天川11,000,000JPY47,826 JPY/sq.mTsuchiura30 min
上高津13,000,000JPY13,000 JPY/sq.mTsuchiura30 min
木田余東台27,000,000JPY36,986 JPY/sq.mTsuchiura30 min
佐野子2,100,000JPY12,000 JPY/sq.mTsuchiura30 min
下高津36,000,000JPY21,176 JPY/sq.mTsuchiura30 min
殿里2,100,000JPY2,727 JPY/sq.mTsuchiura30 min
永国14,000,000JPY48,275 JPY/sq.mTsuchiura30 min
西真鍋町2,000,000JPY9,523 JPY/sq.mTsuchiura30 min

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 Price:   {{infoObj.price|number:0}} JPY,    Unit Price:   {{infoObj.unit_price|number:0}} JPY/sq.m
{{infoObj.days_elapsed|days_year}} years old , Area: {{infoObj.dimension}} sq.m , Total floor area: {{infoObj.dimension_all}} sq.m , Layout: {{infoObj.floor_plan}} , Structure: {{infoObj.structure}}
- 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 Tsuchiura 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 Tsuchiura Land that meet the above conditions were calculated in the following manner.

{{currentObj|applyRegCalculatePrecise:averageObj:coefObj:true:true:unitType}}
({{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 Tsuchiura-Shi 板谷 (Tsuchiura-Shi Tsuchiura 30.0 min walk)
, Area: 330 sq.m , Total floor area: sq.m
- Trading date: 2008-03-01 00:00:00

Trading price:   10,000,000 JPY,    Unit price:   30,303 JPY/sq.m

2. Ibaraki Tsuchiura-Shi 永国台 (Tsuchiura-Shi Tsuchiura 30.0 min walk)
, Area: 360 sq.m , Total floor area: sq.m
- Trading date: 2008-03-01 00:00:00

Trading price:   18,000,000 JPY,    Unit price:   50,000 JPY/sq.m

3. Ibaraki Tsuchiura-Shi 永国台 (Tsuchiura-Shi Tsuchiura 30.0 min walk)
, Area: 360 sq.m , Total floor area: sq.m
- Trading date: 2008-03-01 00:00:00

Trading price:   20,000,000 JPY,    Unit price:   55,555 JPY/sq.m

4. Ibaraki Tsuchiura-Shi 東真鍋町 (Tsuchiura-Shi Tsuchiura 30.0 min walk)
, Area: 350 sq.m , Total floor area: sq.m
- Trading date: 2007-12-01 00:00:00

Trading price:   13,000,000 JPY,    Unit price:   37,142 JPY/sq.m

5. Ibaraki Inashiki-Gun Ami-Machi 大字阿見 (Inashiki-Gun Tsuchiura 30.0 min walk)
, Area: 330 sq.m , Total floor area: sq.m
- Trading date: 2007-12-01 00:00:00

Trading price:   5,600,000 JPY,    Unit price:   16,969 JPY/sq.m

6. Ibaraki Tsuchiura-Shi 中高津 (Tsuchiura-Shi Tsuchiura 30.0 min walk)
, Area: 340 sq.m , Total floor area: sq.m
- Trading date: 2010-09-01 00:00:00

Trading price:   7,400,000 JPY,    Unit price:   21,764 JPY/sq.m

7. Ibaraki Tsuchiura-Shi 宍塚 (Tsuchiura-Shi Tsuchiura 30.0 min walk)
, Area: 330 sq.m , Total floor area: sq.m
- Trading date: 2010-06-01 00:00:00

Trading price:   6,800,000 JPY,    Unit price:   20,606 JPY/sq.m

8. Ibaraki Tsuchiura-Shi 田中 (Tsuchiura-Shi Tsuchiura 30.0 min walk)
, Area: 330 sq.m , Total floor area: sq.m
- Trading date: 2010-06-01 00:00:00

Trading price:   8,000,000 JPY,    Unit price:   24,242 JPY/sq.m

9. Ibaraki Tsuchiura-Shi 小岩田西 (Tsuchiura-Shi Tsuchiura 30.0 min walk)
, Area: 360 sq.m , Total floor area: sq.m
- Trading date: 2009-09-01 00:00:00

Trading price:   2,800,000 JPY,    Unit price:   7,777 JPY/sq.m

10. Ibaraki Tsuchiura-Shi 永国 (Tsuchiura-Shi Tsuchiura 30.0 min walk)
, Area: 380 sq.m , Total floor area: sq.m
- Trading date: 2009-09-01 00:00:00

Trading price:   12,000,000 JPY,    Unit price:   31,578 JPY/sq.m

11. Ibaraki Tsuchiura-Shi 永国台 (Tsuchiura-Shi Tsuchiura 30.0 min walk)
, Area: 350 sq.m , Total floor area: sq.m
- Trading date: 2009-09-01 00:00:00

Trading price:   18,000,000 JPY,    Unit price:   51,428 JPY/sq.m

12. Ibaraki Tsuchiura-Shi 真鍋 (Tsuchiura-Shi Tsuchiura 30.0 min walk)
, Area: 360 sq.m , Total floor area: sq.m
- Trading date: 2009-09-01 00:00:00

Trading price:   8,000,000 JPY,    Unit price:   22,222 JPY/sq.m

13. Ibaraki Tsuchiura-Shi 田中町 (Tsuchiura-Shi Tsuchiura 30.0 min walk)
, Area: 360 sq.m , Total floor area: sq.m
- Trading date: 2011-06-01 00:00:00

Trading price:   1,000,000 JPY,    Unit price:   2,777 JPY/sq.m

14. Ibaraki Tsuchiura-Shi 木田余東台 (Tsuchiura-Shi Tsuchiura 30.0 min walk)
, Area: 360 sq.m , Total floor area: sq.m
- Trading date: 2010-12-01 00:00:00

Trading price:   6,500,000 JPY,    Unit price:   18,055 JPY/sq.m

15. Ibaraki Tsuchiura-Shi 田中 (Tsuchiura-Shi Tsuchiura 30.0 min walk)
, Area: 390 sq.m , Total floor area: sq.m
- Trading date: 2010-12-01 00:00:00

Trading price:   5,900,000 JPY,    Unit price:   15,128 JPY/sq.m

16. Ibaraki Tsuchiura-Shi 東真鍋町 (Tsuchiura-Shi Tsuchiura 30.0 min walk)
, Area: 370 sq.m , Total floor area: sq.m
- Trading date: 2010-12-01 00:00:00

Trading price:   9,900,000 JPY,    Unit price:   26,756 JPY/sq.m

17. Ibaraki Tsuchiura-Shi 真鍋 (Tsuchiura-Shi Tsuchiura 30.0 min walk)
, Area: 370 sq.m , Total floor area: sq.m
- Trading date: 2011-12-01 00:00:00

Trading price:   26,000,000 JPY,    Unit price:   70,270 JPY/sq.m

18. Ibaraki Tsuchiura-Shi 永国台 (Tsuchiura-Shi Tsuchiura 30.0 min walk)
, Area: 340 sq.m , Total floor area: sq.m
- Trading date: 2010-03-01 00:00:00

Trading price:   14,000,000 JPY,    Unit price:   41,176 JPY/sq.m

19. Ibaraki Tsuchiura-Shi 永国台 (Tsuchiura-Shi Tsuchiura 30.0 min walk)
, Area: 350 sq.m , Total floor area: sq.m
- Trading date: 2010-03-01 00:00:00

Trading price:   14,000,000 JPY,    Unit price:   40,000 JPY/sq.m

20. Ibaraki Tsuchiura-Shi 常名 (Tsuchiura-Shi Tsuchiura 30.0 min walk)
, Area: 330 sq.m , Total floor area: sq.m
- Trading date: 2012-03-01 00:00:00

Trading price:   2,400,000 JPY,    Unit price:   7,272 JPY/sq.m

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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 locations relatively near to the station less than six minutes by foot from the station.

Cause of price increases

  • An decrease in average distance from the station (representing 46.1 min in 2018 and 39.9 min in 2019; -13.5%)
  • A dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 1.6% of total transactions in 2018 and 6.5% of total transactions in 2019)
The table below shows Land dealt in Ibaraki JR Joban Line Tsuchiura, 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 Tsuchiura

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 Juuou (244) [Stations]7,200,00022,976 JPY/sq.m yrs21 min270 sq.m
JR Joban Line Arakawaoki (1,067) [Stations]5,600,00020,000 JPY/sq.m yrs30 min290 sq.m
JR Joban Line Toukai (573) [Stations]9,000,00025,000 JPY/sq.m yrs26 min345 sq.m
JR Joban Line Oomika (496) [Stations]6,000,00025,185 JPY/sq.m yrs30 min260 sq.m
JR JR Joban Line (17,068) [Stations]6,200,00019,166 JPY/sq.m yrs30 min310 sq.m