Land prices / Kochi / Sukumo

2021–2023 published land transactions

Nishimachi land prices and price trends

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

Median transaction price per m² (2021–2023)
JPY 9,983 / m²
Median sample 4Five-year sample 4
Estimated price for 99.2 m² (30 tsubo)
JPY 990,000
Simple estimate using the displayed median
Estimated land + building budget
JPY 40.26M
99.2 m² (30-tsubo) building using the 2025 benchmark

Nishimachi location

Nishimachi 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 (2021–2023)

Middle 50% price range
JPY 5,763 / m² – JPY 13,461 / m²
Average transaction price
JPY 9,241 / m²

Estimated land price by plot size (2021–2023)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
66.1 m²20 tsuboJPY 660,000JPY 381,000 JPY 890,000
99.2 m²30 tsuboJPY 990,000JPY 571,500 JPY 1.34M
132.2 m²40 tsuboJPY 1.32MJPY 762,000 JPY 1.78M
165.3 m²50 tsuboJPY 1.65MJPY 952,500 JPY 2.23M

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

Published land transactions (2021–2023)

PeriodAreaPricePrice / m²Road widthZoning
2023-07270.0 m²JPY 4MJPY 14,823 / m²18 mCategory I residential zone
2022-07420.0 m²JPY 3MJPY 6,958 / m²12 mCategory I residential zone
2021-07230.0 m²JPY 500,000JPY 2,178 / m²15 mCategory I residential zone
2021-01200.0 m²JPY 2.7MJPY 13,008 / m²15 mCategory I exclusively low-rise residential zone

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.

Nishimachi land-price summary

The median published transaction price in Nishimachi for 2021–2023 is JPY 9,983 / m². A 99.2 m² (30-tsubo) plot would therefore be about JPY 990,000 by simple multiplication. The period-change figure compares yearly transaction medians in 2021 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 ↗