Koga Land average value

Price 22,210 JPY/sq.m
- Dist. from Sta. 58.8 min walk
- Property area 539 sq.m

The average price of Ibaraki JR Utsunomiya Line Koga Land, in 2019 was 23,949 JPY/sq.m. The market value represents an increase of 2,265 JPY (+10.4%) compared to 1 year ago and a transition to a bull market.

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

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 64.0 min in 2018 and 49.8 min in 2019; -22.2%)

Causes of price decreases

  • A dramatic decrease in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 5.4% of total transactions in 2018 and 2.7% of total transactions in 2019)
Data regarding the market value and its changes of Land in Koga were calculated using data on the sales of 1,312 properties provided by the MLIT Japan.

Koga Land transaction price list

areaTrading PriceUnit PriceStationDistance from the station
大堤12,000,000JPY40,000 JPY/sq.mKoga30 min
女沼13,000,000JPY34,210 JPY/sq.mKoga30 min
女沼9,900,000JPY41,250 JPY/sq.mKoga30 min
女沼2,700,000JPY9,000 JPY/sq.mKoga30 min
上辺見800,000JPY22,857 JPY/sq.mKoga30 min
鴻巣8,500,000JPY43,589 JPY/sq.mKoga30 min
鴻巣5,000,000JPY15,151 JPY/sq.mKoga30 min
下辺見17,000,000JPY60,714 JPY/sq.mKoga30 min
下辺見15,000,000JPY75,000 JPY/sq.mKoga30 min
下辺見19,000,000JPY37,254 JPY/sq.mKoga30 min
3,400,000JPY6,071 JPY/sq.mKoga30 min
東牛谷7,200,000JPY17,560 JPY/sq.mKoga30 min
新久田80,000,000JPY- JPY/sq.mKoga30 min
大堤26,000,000JPY- JPY/sq.mKoga30 min
大堤1,200,000JPY10,434 JPY/sq.mKoga30 min
女沼2,000,000JPY28,571 JPY/sq.mKoga30 min
女沼2,000,000JPY28,571 JPY/sq.mKoga30 min
女沼5,500,000JPY33,333 JPY/sq.mKoga30 min
女沼9,500,000JPY28,787 JPY/sq.mKoga30 min
女沼7,000,000JPY19,444 JPY/sq.mKoga30 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:
{{infoObj.place}} {{infoObj.stations[0]}} {{infoObj.station_distance}} min walk)
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 Koga 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 Koga 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 Koga-Shi 大堤 (Koga-Shi Koga 30.0 min walk)
, Area: 300 sq.m , Total floor area: sq.m
- Trading date: 2008-03-01 00:00:00

Trading price:   12,000,000 JPY,    Unit price:   40,000 JPY/sq.m

2. Ibaraki Koga-Shi 女沼 (Koga-Shi Koga 30.0 min walk)
, Area: 300 sq.m , Total floor area: sq.m
- Trading date: 2008-03-01 00:00:00

Trading price:   2,700,000 JPY,    Unit price:   9,000 JPY/sq.m

3. Ibaraki Koga-Shi 鴻巣 (Koga-Shi Koga 30.0 min walk)
, Area: 330 sq.m , Total floor area: sq.m
- Trading date: 2008-03-01 00:00:00

Trading price:   5,000,000 JPY,    Unit price:   15,151 JPY/sq.m

4. Ibaraki Koga-Shi 女沼 (Koga-Shi Koga 30.0 min walk)
, Area: 330 sq.m , Total floor area: sq.m
- Trading date: 2007-12-01 00:00:00

Trading price:   9,500,000 JPY,    Unit price:   28,787 JPY/sq.m

5. Ibaraki Koga-Shi 女沼 (Koga-Shi Koga 30.0 min walk)
, Area: 360 sq.m , Total floor area: sq.m
- Trading date: 2007-12-01 00:00:00

Trading price:   7,000,000 JPY,    Unit price:   19,444 JPY/sq.m

6. Ibaraki Koga-Shi 上辺見 (Koga-Shi Koga 30.0 min walk)
, Area: 330 sq.m , Total floor area: sq.m
- Trading date: 2007-12-01 00:00:00

Trading price:   22,000,000 JPY,    Unit price:   66,666 JPY/sq.m

7. Ibaraki Koga-Shi 上辺見 (Koga-Shi Koga 30.0 min walk)
, Area: 350 sq.m , Total floor area: sq.m
- Trading date: 2010-09-01 00:00:00

Trading price:   12,000,000 JPY,    Unit price:   34,285 JPY/sq.m

8. Ibaraki Koga-Shi 上辺見 (Koga-Shi Koga 30.0 min walk)
, Area: 340 sq.m , Total floor area: sq.m
- Trading date: 2010-06-01 00:00:00

Trading price:   13,000,000 JPY,    Unit price:   38,235 JPY/sq.m

9. Ibaraki Koga-Shi 下辺見 (Koga-Shi Koga 30.0 min walk)
, Area: 360 sq.m , Total floor area: sq.m
- Trading date: 2010-06-01 00:00:00

Trading price:   21,000,000 JPY,    Unit price:   58,333 JPY/sq.m

10. Ibaraki Koga-Shi 茶屋新田 (Koga-Shi Koga 30.0 min walk)
, Area: 320 sq.m , Total floor area: sq.m
- Trading date: 2010-06-01 00:00:00

Trading price:   9,000,000 JPY,    Unit price:   28,125 JPY/sq.m

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

Trading price:   4,000,000 JPY,    Unit price:   11,428 JPY/sq.m

12. Ibaraki Koga-Shi 上辺見 (Koga-Shi Koga 30.0 min walk)
, Area: 350 sq.m , Total floor area: sq.m
- Trading date: 2008-09-01 00:00:00

Trading price:   17,000,000 JPY,    Unit price:   48,571 JPY/sq.m

13. Ibaraki Koga-Shi 上辺見 (Koga-Shi Koga 30.0 min walk)
, Area: 360 sq.m , Total floor area: sq.m
- Trading date: 2008-06-01 00:00:00

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

14. Ibaraki Koga-Shi 下辺見 (Koga-Shi Koga 30.0 min walk)
, Area: 330 sq.m , Total floor area: sq.m
- Trading date: 2008-06-01 00:00:00

Trading price:   7,000,000 JPY,    Unit price:   21,212 JPY/sq.m

15. Ibaraki Koga-Shi 上辺見 (Koga-Shi Koga 30.0 min walk)
, Area: 330 sq.m , Total floor area: sq.m
- Trading date: 2008-12-01 00:00:00

Trading price:   9,100,000 JPY,    Unit price:   27,575 JPY/sq.m

16. Ibaraki Koga-Shi 静町 (Koga-Shi Koga 30.0 min walk)
, Area: 330 sq.m , Total floor area: sq.m
- Trading date: 2011-06-01 00:00:00

Trading price:   6,400,000 JPY,    Unit price:   19,393 JPY/sq.m

17. Ibaraki Koga-Shi 女沼 (Koga-Shi Koga 30.0 min walk)
, Area: 320 sq.m , Total floor area: sq.m
- Trading date: 2010-12-01 00:00:00

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

18. Ibaraki Koga-Shi 新久田 (Koga-Shi Koga 30.0 min walk)
, Area: 310 sq.m , Total floor area: sq.m
- Trading date: 2011-09-01 00:00:00

Trading price:   8,500,000 JPY,    Unit price:   27,419 JPY/sq.m

19. Ibaraki Koga-Shi 静町 (Koga-Shi Koga 30.0 min walk)
, Area: 330 sq.m , Total floor area: sq.m
- Trading date: 2011-09-01 00:00:00

Trading price:   8,300,000 JPY,    Unit price:   25,151 JPY/sq.m

20. Ibaraki Koga-Shi 下辺見 (Koga-Shi Koga 30.0 min walk)
, Area: 350 sq.m , Total floor area: sq.m
- Trading date: 2011-12-01 00:00:00

Trading price:   12,000,000 JPY,    Unit price:   34,285 JPY/sq.m

{{$index+1}}. {{item.place}} ({{item.stations[0]}} {{item.station_distance}} min walk)
{{item.days_elapsed|days_year}} years old , Area: {{item.dimension}} sq.m , Total floor area: {{item.dimension_all}} sq.m , Layout: {{item.floor_plan}} , Structure: {{item.structure}}
- 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 locations less than ten minutes by foot from the station.

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 64.0 min in 2018 and 49.8 min in 2019; -22.2%)

Causes of price decreases

  • A dramatic decrease in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 5.4% of total transactions in 2018 and 2.7% of total transactions in 2019)
The table below shows Land dealt in Ibaraki JR Utsunomiya Line Koga, 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 Koga

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 JR Utsunomiya Line (1,391) [Stations]6,000,00017,670 JPY/sq.m yrs30 min330 sq.m