Land prices / Hiroshima / Higashihiroshima

2021–2023 published land transactions

Kochicho-Nakagochi land prices and price trends

This page aggregates publicly released transactions classified as residential land (land only) for the address area Kochicho-Nakagochi, Higashihiroshima. It does not limit transactions by the buyer's intended use.

Median transaction price per m² (2021–2023)
JPY 8,773 / m²JPY 8.773K / m²
Median sample 7Five-year sample 7
Estimated price for 100 m²
JPY 877,250JPY 877.25K
Simple estimate using the displayed median
Estimated land + building budget
JPY 39.48M
100 m² building using the 2025 benchmark

Kochicho-Nakagochi location

Kochicho-Nakagochi location map

The orange point is the neighborhood representative point. Green points are stations within 1.5 km straight-line distance.

Station
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Select a station marker or label to open its station-area page. Overlapping labels appear when the marker is selected.

Price distribution (2021–2023)

Middle 50% price range
JPY 6,806 / m² – JPY 9,378 / m²JPY 6.806K / m² – JPY 9.378K / m²
Average transaction price
JPY 8,362 / m²JPY 8.362K / m²

Estimated land price by plot size (2021–2023)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 438,625JPY 438.625KJPY 340,313JPY 340.313K JPY 468,875JPY 468.875K
100.0 m²30.3 tsuboJPY 877,250JPY 877.25KJPY 680,625JPY 680.625K JPY 937,750JPY 937.75K
150.0 m²45.4 tsuboJPY 1.32MJPY 1.02M JPY 1.41M
200.0 m²60.5 tsuboJPY 1.75MJPY 1.36M JPY 1.88M

These are simple land-only estimates calculated from the displayed median and quartile price per m², not medians of transactions at each plot size.

Land-price trend

Transaction medianOfficial land price
212223
Year202120222023
Public transactions4
Indicative
1
Indicative
2
Indicative
Official observations222

Medians and changes can move sharply in years with few transactions.

The displayed period change compares transaction medians in 2021 and 2023. Published transactions and official residential land-price observations are separate series.

Latest official residential land-price observations: 2.

Published land transactions (2021–2023)

PeriodAreaPricePrice / m²Road widthZoning
2023-10165.0 m²JPY 990,000JPY 990KJPY 6,050 / m²JPY 6.05K / m²17 mCategory I residential zone
2023-01200.0 m²JPY 1.5MJPY 7,563 / m²JPY 7.563K / m²11 mCommercial zone
2022-071400.0 m²JPY 23MJPY 16,940 / m²JPY 16.94K / m²8 mCommercial zone
2021-10430.0 m²JPY 4.2MJPY 9,680 / m²JPY 9.68K / m²29 mCategory I residential zone
2021-10220.0 m²JPY 100,000JPY 100KJPY 454 / m²13 mNon-line-delineated city-planning area
2021-04175.0 m²JPY 1.5MJPY 8,773 / m²JPY 8.773K / m²22 mCategory I residential zone
2021-01165.0 m²JPY 1.5MJPY 9,075 / m²JPY 9.075K / m²2.5 mNon-line-delineated city-planning area

Transactions are listed newest first. They are not filtered by residential intent or buyer type. Low unit price alone is not treated as atypical. “Value check” is limited to invalid values or extremely high unit prices and does not necessarily indicate an error.

Kochicho-Nakagochi land-price summary

The median published transaction price in Kochicho-Nakagochi for 2021–2023 is JPY 8,773 / m²JPY 8.773K / m². A 100 m² plot would therefore be about JPY 877,250JPY 877.25K by simple multiplication. The period-change figure compares yearly transaction medians in 2021 and 2023.

Sources and methodology

Land prices, transaction examples, trends and official land-price observations are based on public data. Small samples can be strongly affected by the conditions of individual transactions.

Source: MLIT Real Estate Information Library ↗