Land prices / Ibaraki / Hitachiomiya

2023 published land transactions

Sakae-Cho land prices and price trends

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

Median transaction price per m² (2023)
JPY 7,563 / m²JPY 7.563K / m²
Median sample 3Five-year sample 5
Estimated price for 100 m²
JPY 756,250JPY 756.25K
Simple estimate using the displayed median
Estimated land + building budget
JPY 37.36M
100 m² building using the 2025 benchmark

Sakae-Cho location

Sakae-Cho 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 (2023)

Middle 50% price range
JPY 7,109 / m² – JPY 20,419 / m²JPY 7.109K / m² – JPY 20.419K / m²
Average transaction price
JPY 15,831 / m²JPY 15.831K / m²

Estimated land price by plot size (2023)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 378,125JPY 378.125KJPY 355,438JPY 355.438K JPY 1.02M
100.0 m²30.3 tsuboJPY 756,250JPY 756.25KJPY 710,875JPY 710.875K JPY 2.04M
150.0 m²45.4 tsuboJPY 1.13MJPY 1.07M JPY 3.06M
200.0 m²60.5 tsuboJPY 1.51MJPY 1.42M JPY 4.08M

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 2022 and 2023. Published transactions and official residential land-price observations are separate series.

Published land transactions (2023)

PeriodAreaPricePrice / m²Road widthZoning
2023-07250.0 m²JPY 8MJPY 33,275 / m²JPY 33.275K / m²12 mResidential use
2023-04500.0 m²JPY 3.8MJPY 7,563 / m²JPY 7.563K / m²20.8 m
2023-011100.0 m²JPY 7MJPY 6,655 / m²JPY 6.655K / m²Not disclosedResidential use

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.

Sakae-Cho land-price summary

The median published transaction price in Sakae-Cho for 2023 is JPY 7,563 / m²JPY 7.563K / m². A 100 m² plot would therefore be about JPY 756,250JPY 756.25K by simple multiplication. The period-change figure compares yearly transaction medians in 2022 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 ↗