Land prices / Kochi / Susaki

2021 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, Susaki. It does not limit transactions by the buyer's intended use.

Median transaction price per m² (2021)
JPY 12,705 / m²
Median sample 1Five-year sample 1
Estimated price for 99.2 m² (30 tsubo)
JPY 1.26M
Simple estimate using the displayed median
Estimated land + building budget
JPY 40.53M
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)

Middle 50% price range
JPY 12,705 / m² – JPY 12,705 / m²
Average transaction price
JPY 12,705 / m²

Estimated land price by plot size (2021)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
66.1 m²20 tsuboJPY 840,000JPY 840,000 JPY 840,000
99.2 m²30 tsuboJPY 1.26MJPY 1.26M JPY 1.26M
132.2 m²40 tsuboJPY 1.68MJPY 1.68M JPY 1.68M
165.3 m²50 tsuboJPY 2.1MJPY 2.1M JPY 2.1M

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
2021-10110.0 m²JPY 1.4MJPY 12,705 / m²9.4 mNon-line-delineated city-planning area

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 is JPY 12,705 / m². A 99.2 m² (30-tsubo) plot would therefore be about JPY 1.26M 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 ↗