Land prices / Ibaraki / Itako

2024 published land transactions

Shimasu land prices and price trends

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

Median transaction price per m² (2024)
JPY 11,495 / m²JPY 11.495K / m²
Median sample 2Five-year sample 2
Estimated price for 100 m²
JPY 1.15M
Simple estimate using the displayed median
Estimated land + building budget
JPY 37.75M
100 m² building using the 2025 benchmark

Shimasu location

Shimasu 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 9,226 / m² – JPY 13,764 / m²JPY 9.226K / m² – JPY 13.764K / m²
Average transaction price
JPY 11,495 / m²JPY 11.495K / m²

Estimated land price by plot size (2024)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 574,750JPY 574.75KJPY 461,313JPY 461.313K JPY 688,188JPY 688.188K
100.0 m²30.3 tsuboJPY 1.15MJPY 922,625JPY 922.625K JPY 1.38M
150.0 m²45.4 tsuboJPY 1.72MJPY 1.38M JPY 2.06M
200.0 m²60.5 tsuboJPY 2.3MJPY 1.85M JPY 2.75M

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
24
Year2024
Public transactions2
Indicative
Official observations1

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

The displayed period change compares transaction medians in 2024 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
2024-079999.0 m²JPY 88MJPY 16,033 / m²JPY 16.033K / m²9999.9 m工場
2024-049999.0 m²JPY 30MJPY 6,958 / m²JPY 6.958K / m²9999.9 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.

Shimasu land-price summary

The median published transaction price in Shimasu for 2024 is JPY 11,495 / m²JPY 11.495K / m². A 100 m² plot would therefore be about JPY 1.15M by simple multiplication. The period-change figure compares yearly transaction medians in 2024 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 ↗