JR Mito Line Land average value

Price 12,928 JPY/sq.m
- Dist. from Sta. 38.9 min walk
- Property area 533 sq.m

The average price of Ibaraki JR JR Mito Line Land, in 2020 was 9,069 JPY/sq.m. The market value represents a decrease of 2,715 JPY (-23.0%) 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 size for a general family households less than 100 sq.m.

Causes of price decreases

  • An increase in average distance from the station (representing 37.6 min in 2019 and 43.2 min in 2020; +15.0%)
Data regarding the market value and its changes of Land in JR Mito Line were calculated using data on the sales of 3,328 properties provided by the MLIT Japan.

JR Mito Line Land market value list

StationsAverage Trading PriceAverage Unit Price#
Otabayashi8,411,042 JPY11,236 JPY/sq.m48 件
Yuuki10,022,736 JPY16,705 JPY/sq.m702 件
Higashiyuuki4,156,500 JPY9,475 JPY/sq.m20 件
Kawashima11,824,382 JPY7,401 JPY/sq.m188 件
Tamado6,485,882 JPY13,059 JPY/sq.m121 件
Shimodate6,644,755 JPY13,114 JPY/sq.m495 件
Niihari5,343,658 JPY9,911 JPY/sq.m132 件
Yamato2,846,724 JPY4,538 JPY/sq.m117 件
Iwase5,406,706 JPY11,638 JPY/sq.m340 件
Haguro2,791,667 JPY4,908 JPY/sq.m80 件
Fukuhara4,116,818 JPY6,569 JPY/sq.m22 件
Inada3,452,105 JPY6,567 JPY/sq.m57 件
Kasama4,750,615 JPY10,169 JPY/sq.m308 件
Shishido9,118,500 JPY8,979 JPY/sq.m82 件
Tomobe34,704,823 JPY19,437 JPY/sq.m616 件

JR Mito Line 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 JR Mito Line 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 JR Mito Line 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 Yuki-Shi 大字上山川 (Yuki-Shi Yuuki 30.0 min walk)
, Area: 370 sq.m , Total floor area: sq.m
- Trading date: 2018-06-01 00:00:00

Trading price:   2,500,000 JPY,    Unit price:   6,757 JPY/sq.m

2. Ibaraki Yuki-Shi 大字結城 (Yuki-Shi Yuuki 30.0 min walk)
, Area: 370 sq.m , Total floor area: sq.m
- Trading date: 2018-06-01 00:00:00

Trading price:   1,500,000 JPY,    Unit price:   4,054 JPY/sq.m

3. Ibaraki Kasama-Shi 旭町 (Kasama-Shi Tomobe 30.0 min walk)
, Area: 340 sq.m , Total floor area: sq.m
- Trading date: 2017-12-01 00:00:00

Trading price:   6,000,000 JPY,    Unit price:   17,647 JPY/sq.m

4. Ibaraki Kasama-Shi 旭町 (Kasama-Shi Tomobe 30.0 min walk)
, Area: 330 sq.m , Total floor area: sq.m
- Trading date: 2016-12-01 00:00:00

Trading price:   4,500,000 JPY,    Unit price:   13,636 JPY/sq.m

5. Ibaraki Kasama-Shi 旭町 (Kasama-Shi Tomobe 30.0 min walk)
, Area: 330 sq.m , Total floor area: sq.m
- Trading date: 2016-06-01 00:00:00

Trading price:   6,500,000 JPY,    Unit price:   19,697 JPY/sq.m

6. Ibaraki Kasama-Shi 旭町 (Kasama-Shi Tomobe 30.0 min walk)
, Area: 350 sq.m , Total floor area: sq.m
- Trading date: 2016-06-01 00:00:00

Trading price:   8,500,000 JPY,    Unit price:   24,286 JPY/sq.m

7. Ibaraki Kasama-Shi 旭町 (Kasama-Shi Tomobe 30.0 min walk)
, Area: 330 sq.m , Total floor area: sq.m
- Trading date: 2016-03-01 00:00:00

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

8. Ibaraki Kasama-Shi 旭町 (Kasama-Shi Tomobe 30.0 min walk)
, Area: 330 sq.m , Total floor area: sq.m
- Trading date: 2015-09-01 00:00:00

Trading price:   9,000,000 JPY,    Unit price:   27,273 JPY/sq.m

9. Ibaraki Kasama-Shi 旭町 (Kasama-Shi Tomobe 30.0 min walk)
, Area: 330 sq.m , Total floor area: sq.m
- Trading date: 2015-06-01 00:00:00

Trading price:   8,400,000 JPY,    Unit price:   25,455 JPY/sq.m

10. Ibaraki Kasama-Shi 石井 (Kasama-Shi Kasama 30.0 min walk)
, Area: 350 sq.m , Total floor area: sq.m
- Trading date: 2019-03-01 00:00:00

Trading price:   5,000,000 JPY,    Unit price:   14,286 JPY/sq.m

11. Ibaraki Kasama-Shi 鯉淵 (Kasama-Shi Tomobe 30.0 min walk)
, Area: 330 sq.m , Total floor area: sq.m
- Trading date: 2019-06-01 00:00:00

Trading price:   9,000,000 JPY,    Unit price:   27,273 JPY/sq.m

12. Ibaraki Kasama-Shi 鯉淵 (Kasama-Shi Tomobe 30.0 min walk)
, Area: 320 sq.m , Total floor area: sq.m
- Trading date: 2016-12-01 00:00:00

Trading price:   5,300,000 JPY,    Unit price:   16,562 JPY/sq.m

13. Ibaraki Kasama-Shi 住吉 (Kasama-Shi Tomobe 30.0 min walk)
, Area: 330 sq.m , Total floor area: sq.m
- Trading date: 2015-12-01 00:00:00

Trading price:   3,000,000 JPY,    Unit price:   9,091 JPY/sq.m

14. Ibaraki Kasama-Shi 平町 (Kasama-Shi Tomobe 30.0 min walk)
, Area: 360 sq.m , Total floor area: sq.m
- Trading date: 2015-12-01 00:00:00

Trading price:   5,300,000 JPY,    Unit price:   14,722 JPY/sq.m

15. Ibaraki Kasama-Shi 橋爪 (Kasama-Shi Tomobe 30.0 min walk)
, Area: 330 sq.m , Total floor area: sq.m
- Trading date: 2016-06-01 00:00:00

Trading price:   7,800,000 JPY,    Unit price:   23,636 JPY/sq.m

16. Ibaraki Kasama-Shi 矢野下 (Kasama-Shi Tomobe 30.0 min walk)
, Area: 340 sq.m , Total floor area: sq.m
- Trading date: 2017-06-01 00:00:00

Trading price:   500,000 JPY,    Unit price:   1,471 JPY/sq.m

17. Ibaraki Chikusei-Shi 小栗 (Chikusei-Shi Niihari 30.0 min walk)
, Area: 360 sq.m , Total floor area: sq.m
- Trading date: 2017-06-01 00:00:00

Trading price:   360,000 JPY,    Unit price:   1,000 JPY/sq.m

18. Ibaraki Chikusei-Shi 船玉 (Chikusei-Shi Kawashima 30.0 min walk)
, Area: 330 sq.m , Total floor area: sq.m
- Trading date: 2016-09-01 00:00:00

Trading price:   1,000,000 JPY,    Unit price:   3,030 JPY/sq.m

19. Ibaraki Chikusei-Shi 横島 (Chikusei-Shi Shimodate 30.0 min walk)
, Area: 330 sq.m , Total floor area: sq.m
- Trading date: 2015-06-01 00:00:00

Trading price:   4,500,000 JPY,    Unit price:   13,636 JPY/sq.m

20. Ibaraki Sakuragawa-Shi 大国玉 (Sakuragawa-Shi Yamato 30.0 min walk)
, Area: 330 sq.m , Total floor area: sq.m
- Trading date: 2016-09-01 00:00:00

Trading price:   11,000,000 JPY,    Unit price:   33,333 JPY/sq.m

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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 size for a general family households less than 100 sq.m.

Causes of price decreases

  • An increase in average distance from the station (representing 37.6 min in 2019 and 43.2 min in 2020; +15.0%)
The table below shows Land dealt in Ibaraki JR JR Mito Line, 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 JR Mito Line

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 Mito Line Yuuki (702) [Stations]6,600,00013,274 JPY/sq.m yrs28 min435 sq.m
JR Joban Line Kanndatsu (1,037) [Stations]4,850,00010,710 JPY/sq.m yrs30 min360 sq.m
JR JR Suigun Line (5,661) [Stations]5,200,00015,190 JPY/sq.m yrs30 min320 sq.m
JR Joban Line Ishioka (871) [Stations]3,700,00010,602 JPY/sq.m yrs30 min340 sq.m
JR Joban Line Takahagi (379) [Stations]4,000,00010,250 JPY/sq.m yrs30 min330 sq.m