Land prices / Ibaraki / Mito

2023–2024 published land transactions

Kobayashicho land prices and price trends

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

Median transaction price per m² (2023–2024)
JPY 7,714 / m²
Median sample 4Five-year sample 4
Estimated price for 100 m²
JPY 771,375
Simple estimate using the displayed median
Estimated land + building budget
JPY 37.37M
100 m² building using the 2025 benchmark

Kobayashicho location

Kobayashicho 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 (2023–2024)

Middle 50% price range
JPY 5,112 / m² – JPY 8,773 / m²
Average transaction price
JPY 6,171 / m²

Estimated land price by plot size (2023–2024)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 385,688JPY 255,613 JPY 438,625
100.0 m²30.3 tsuboJPY 771,375JPY 511,225 JPY 877,250
150.0 m²45.4 tsuboJPY 1.16MJPY 766,838 JPY 1.32M
200.0 m²60.5 tsuboJPY 1.54MJPY 1.02M JPY 1.75M

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

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

The displayed period change compares transaction medians in 2023 and 2024. Published transactions and official residential land-price observations are separate series.

Published land transactions (2023–2024)

PeriodAreaPricePrice / m²Road widthZoning
2024-0135.0 m²JPY 330,000JPY 8,773 / m²30.2 mOther
2023-10230.0 m²JPY 110,000JPY 484 / m²9999.9 m
2023-0445.0 m²JPY 390,000JPY 8,773 / m²30 mOther
2023-0170.0 m²JPY 480,000JPY 6,655 / m²46 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.

Kobayashicho land-price summary

The median published transaction price in Kobayashicho for 2023–2024 is JPY 7,714 / m². A 100 m² plot would therefore be about JPY 771,375 by simple multiplication. The period-change figure compares yearly transaction medians in 2023 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 ↗