Land prices / Mie / Watarai

2021–2022 published land transactions

Shimokugu land prices and price trends

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

Median transaction price per m² (2021–2022)
JPY 4,084 / m²JPY 4.084K / m²
Median sample 2Five-year sample 2
Estimated price for 100 m²
JPY 408,375JPY 408.375K
Simple estimate using the displayed median
Estimated land + building budget
JPY 38.67M
100 m² building using the 2025 benchmark

Shimokugu location

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

Price distribution (2021–2022)

Middle 50% price range
JPY 2,949 / m² – JPY 5,218 / m²JPY 2.949K / m² – JPY 5.218K / m²
Average transaction price
JPY 4,084 / m²JPY 4.084K / m²

Estimated land price by plot size (2021–2022)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 204,188JPY 204.188KJPY 147,469JPY 147.469K JPY 260,906JPY 260.906K
100.0 m²30.3 tsuboJPY 408,375JPY 408.375KJPY 294,938JPY 294.938K JPY 521,813JPY 521.813K
150.0 m²45.4 tsuboJPY 612,563JPY 612.563KJPY 442,406JPY 442.406K JPY 782,719JPY 782.719K
200.0 m²60.5 tsuboJPY 816,750JPY 816.75KJPY 589,875JPY 589.875K JPY 1.04M

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 2022. Published transactions and official residential land-price observations are separate series.

Published land transactions (2021–2022)

PeriodAreaPricePrice / m²Road widthZoning
2022-01870.0 m²JPY 5.5MJPY 6,353 / m²JPY 6.353K / m²19 mOutside a city-planning area
2021-04310.0 m²JPY 570,000JPY 570KJPY 1,815 / m²JPY 1.815K / m²10 mOutside a 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.

Shimokugu land-price summary

The median published transaction price in Shimokugu for 2021–2022 is JPY 4,084 / m²JPY 4.084K / m². A 100 m² plot would therefore be about JPY 408,375JPY 408.375K by simple multiplication. The period-change figure compares yearly transaction medians in 2021 and 2022.

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 ↗