Land prices / Ibaraki / Chikusei

2021 published land transactions

Makuda land prices and price trends

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

Median transaction price per m² (2021)
JPY 666 / m²
Median sample 1Five-year sample 1
Estimated price for 99.2 m² (30 tsubo)
JPY 66,000
Simple estimate using the displayed median
Estimated land + building budget
JPY 36.37M
99.2 m² (30-tsubo) building using the 2025 benchmark

Makuda location

Makuda 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 (2021)

Middle 50% price range
JPY 666 / m² – JPY 666 / m²
Average transaction price
JPY 666 / m²

Estimated land price by plot size (2021)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
66.1 m²20 tsuboJPY 44,000JPY 44,000 JPY 44,000
99.2 m²30 tsuboJPY 66,000JPY 66,000 JPY 66,000
132.2 m²40 tsuboJPY 88,000JPY 88,000 JPY 88,000
165.3 m²50 tsuboJPY 110,000JPY 110,000 JPY 110,000

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

No matching residential official land-price observation is available for this neighborhood.

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

Published land transactions (2021)

PeriodAreaPricePrice / m²Road widthZoning
2021-10770.0 m²JPY 500,000JPY 666 / m²22 mOther

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.

Makuda land-price summary

The median published transaction price in Makuda for 2021 is JPY 666 / m². A 99.2 m² (30-tsubo) plot would therefore be about JPY 66,000 by simple multiplication. The period-change figure compares yearly transaction medians in 2021 and 2021.

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 ↗