Land prices / Miyagi / Sendai-Aoba

2023 published land transactions

Toricho land prices and price trends

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

Median transaction price per m² (2023)
JPY 305,525 / m²JPY 305.525K / m²
Median sample 4Five-year sample 4
Estimated price for 100 m²
JPY 30.55M
Simple estimate using the displayed median
Estimated land + building budget
JPY 66.16M
100 m² building using the 2025 benchmark

Toricho location

Toricho 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)

Middle 50% price range
JPY 266,956 / m² – JPY 347,875 / m²JPY 266.956K / m² – JPY 347.875K / m²
Average transaction price
JPY 309,306 / m²JPY 309.306K / m²

Estimated land price by plot size (2023)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 15.28MJPY 13.35M JPY 17.39M
100.0 m²30.3 tsuboJPY 30.55MJPY 26.7M JPY 34.79M
150.0 m²45.4 tsuboJPY 45.83MJPY 40.04M JPY 52.18M
200.0 m²60.5 tsuboJPY 61.11MJPY 53.39M JPY 69.58M

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

Published land transactions (2023)

PeriodAreaPricePrice / m²Road widthZoning
2023-10165.0 m²JPY 39MJPY 232,925 / m²JPY 232.925K / m²11 mOther
2023-07200.0 m²JPY 80MJPY 393,250 / m²JPY 393.25K / m²8.6 mResidential use
2023-01810.0 m²JPY 270MJPY 332,750 / m²JPY 332.75K / m²9999.9 mResidential use
2023-01800.0 m²JPY 230MJPY 278,300 / m²JPY 278.3K / m²14.5 mResidential use

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.

Toricho land-price summary

The median published transaction price in Toricho for 2023 is JPY 305,525 / m²JPY 305.525K / m². A 100 m² plot would therefore be about JPY 30.55M by simple multiplication. The period-change figure compares yearly transaction medians in 2023 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 ↗