Land prices / Ibaraki / Hitachi

2023–2025 published land transactions

Namekawacho land prices and price trends

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

Median transaction price per m² (2023–2025)
JPY 20,419 / m²JPY 20.419K / m²
Median sample 4Five-year sample 4
Estimated price for 100 m²
JPY 2.04M
Simple estimate using the displayed median
Estimated land + building budget
JPY 38.64M
100 m² building using the 2025 benchmark

Namekawacho location

Namekawacho 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 (2023–2025)

Middle 50% price range
JPY 17,167 / m² – JPY 22,234 / m²JPY 17.167K / m² – JPY 22.234K / m²
Average transaction price
JPY 18,982 / m²JPY 18.982K / m²

Estimated land price by plot size (2023–2025)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 1.02MJPY 858,344JPY 858.344K JPY 1.11M
100.0 m²30.3 tsuboJPY 2.04MJPY 1.72M JPY 2.22M
150.0 m²45.4 tsuboJPY 3.06MJPY 2.58M JPY 3.34M
200.0 m²60.5 tsuboJPY 4.08MJPY 3.43M JPY 4.45M

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 2023 and 2025. Published transactions and official residential land-price observations are separate series.

Published land transactions (2023–2025)

PeriodAreaPricePrice / m²Road widthZoning
2025-07670.0 m²JPY 13MJPY 18,755 / m²JPY 18.755K / m²Not disclosedResidential use
2024-04200.0 m²JPY 4.5MJPY 22,688 / m²JPY 22.688K / m²11.5 mResidential use
2023-04210.0 m²JPY 4.5MJPY 22,083 / m²JPY 22.083K / m²10 mOther
2023-01730.0 m²JPY 9MJPY 12,403 / m²JPY 12.403K / m²43.5 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.

Namekawacho land-price summary

The median published transaction price in Namekawacho for 2023–2025 is JPY 20,419 / m²JPY 20.419K / m². A 100 m² plot would therefore be about JPY 2.04M by simple multiplication. The period-change figure compares yearly transaction medians in 2023 and 2025.

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 ↗