Higashiibaraki-Gun Ibaraki-Machi (106)
The average price of a sq.m Home of Ibaraki Higashiibaraki-Gun Ibaraki-Machi, in 2017 was 174,651 JPY/sq.m. The market value represents an increase of 65,613 JPY (+60.2%) compared to 1 year ago and a transition to a dramatic market. 6 properties exchanged hands ( The market value represents a decrease of 7 (-53.8%) compared to 1 year ago and a transition to a dramatic market.).
The average age of the real estate was 18.9 years old (a -16.9% decrease compared to the 22.7 years old of last year.). The average size of the real estate was 657.5 sq.m (a +15.9% increase compared to the 567.3 sq.m of last year.). The average total floor space of the real estate was 383.0 sq.m (a +195.6% increase compared to the 129.5 sq.m of last year.).
One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving nearly new buildings under 3 years old.
Cause of price increases
Causes of price decreases
The highest Home market value is 桜の郷 at 232,500 JPY/sq.m. On the other hand, those with the lowest market value is 大字小鶴 at 56,000 JPY/sq.m.
In accordance with the aging of buildings, the area whose values were most likely to decline was the 大字小鶴 at -65.0% (The rate of decline after 30 years). On the other hand, market values along the 大字長岡 was the most resistant to decline at -55.0% (The same rate).Data regarding the market value and its changes of Home in Ibaraki-Machi were calculated using data on the sales of 106 properties provided by the MLIT Japan.
|Area||Average Trading Price||Average Unit Price|
|大字長岡||15,605,714 JPY||103,679 JPY/sq.m|
|桜の郷||54,416,667 JPY||229,976 JPY/sq.m|
|大字前田||8,790,000 JPY||82,691 JPY/sq.m|
|大字奥谷||9,180,000 JPY||92,118 JPY/sq.m|
|大字上石崎||12,887,500 JPY||107,122 JPY/sq.m|
|大字小鶴||29,600,000 JPY||143,954 JPY/sq.m|
|大字大戸||7,233,333 JPY||67,491 JPY/sq.m|