Land prices / Ibaraki / Bando

2024 published land transactions

Nagasu land prices and price trends

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

Median transaction price per m² (2024)
JPY 2,844 / m²JPY 2.844K / m²
Median sample 3Five-year sample 10
Estimated price for 100 m²
JPY 284,350JPY 284.35K
Simple estimate using the displayed median
Estimated land + building budget
JPY 36.89M
100 m² building using the 2025 benchmark

Nagasu location

Nagasu 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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Price distribution (2024)

Middle 50% price range
JPY 2,844 / m² – JPY 2,844 / m²JPY 2.844K / m² – JPY 2.844K / m²
Average transaction price
JPY 2,844 / m²JPY 2.844K / m²

Estimated land price by plot size (2024)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 142,175JPY 142.175KJPY 142,175JPY 142.175K JPY 142,175JPY 142.175K
100.0 m²30.3 tsuboJPY 284,350JPY 284.35KJPY 284,350JPY 284.35K JPY 284,350JPY 284.35K
150.0 m²45.4 tsuboJPY 426,525JPY 426.525KJPY 426,525JPY 426.525K JPY 426,525JPY 426.525K
200.0 m²60.5 tsuboJPY 568,700JPY 568.7KJPY 568,700JPY 568.7K JPY 568,700JPY 568.7K

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
21222324
Year2021202220232024
Public transactions2
Indicative
1
Indicative
4
Indicative
3
Indicative
Official observations1111

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

The displayed period change compares transaction medians in 2021 and 2024. Published transactions and official residential land-price observations are separate series.

Latest official residential land-price observations: 1.

Published land transactions (2024)

PeriodAreaPricePrice / m²Road widthZoning
2024-041600.0 m²JPY 4.5MJPY 2,844 / m²JPY 2.844K / m²31 m
2024-04570.0 m²JPY 1.6MJPY 2,844 / m²JPY 2.844K / m²27 m
2024-04310.0 m²JPY 890,000JPY 890KJPY 2,844 / m²JPY 2.844K / m²17 m

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.

Nagasu land-price summary

The median published transaction price in Nagasu for 2024 is JPY 2,844 / m²JPY 2.844K / m². A 100 m² plot would therefore be about JPY 284,350JPY 284.35K by simple multiplication. The period-change figure compares yearly transaction medians in 2021 and 2024.

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 ↗