Land prices / Ibaraki / Mito

2021 published land transactions

Shibuicho land prices and price trends

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

Median transaction price per m² (2021)
JPY 8,773 / m²JPY 8.773K / m²
Median sample 3Five-year sample 3
Estimated price for 100 m²
JPY 877,250JPY 877.25K
Simple estimate using the displayed median
Estimated land + building budget
JPY 37.48M
100 m² building using the 2025 benchmark

Shibuicho location

Shibuicho location map

The orange point is the neighborhood representative point. Green points are stations within 1.5 km straight-line distance.

Station
Loading map…

Select a station marker or label to open its station-area page. Overlapping labels appear when the marker is selected.

Price distribution (2021)

Middle 50% price range
JPY 5,173 / m² – JPY 11,798 / m²JPY 5.173K / m² – JPY 11.798K / m²
Average transaction price
JPY 8,389 / m²JPY 8.389K / m²

Estimated land price by plot size (2021)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 438,625JPY 438.625KJPY 258,638JPY 258.638K JPY 589,875JPY 589.875K
100.0 m²30.3 tsuboJPY 877,250JPY 877.25KJPY 517,275JPY 517.275K JPY 1.18M
150.0 m²45.4 tsuboJPY 1.32MJPY 775,913JPY 775.913K JPY 1.77M
200.0 m²60.5 tsuboJPY 1.75MJPY 1.03M JPY 2.36M

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
2021-07230.0 m²JPY 2MJPY 8,773 / m²JPY 8.773K / m²Not disclosedOther
2021-041500.0 m²JPY 22MJPY 14,823 / m²JPY 14.823K / m²Not disclosedResidential use
2021-011300.0 m²JPY 2MJPY 1,573 / m²JPY 1.573K / m²33 m

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.

Shibuicho land-price summary

The median published transaction price in Shibuicho for 2021 is JPY 8,773 / m²JPY 8.773K / m². A 100 m² plot would therefore be about JPY 877,250JPY 877.25K 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 ↗