Land prices / Okayama / Okayama-Kita
2021–2024 published land transactionsTokaichi-Nishimachi land prices and price trends
This page aggregates publicly released transactions classified as residential land (land only) for the address area Tokaichi-Nishimachi, Okayama-Kita. It does not limit transactions by the buyer's intended use.
Tokaichi-Nishimachi location
Tokaichi-Nishimachi location map
The orange point is the neighborhood representative point. Green points are stations within 1.5 km straight-line distance.
Select a station marker or label to open its station-area page. Overlapping labels appear when the marker is selected.
Price distribution (2021–2024)
Estimated land price by plot size (2021–2024)
| Plot size | Equivalent in tsubo | Median estimate | Middle 50% estimate |
|---|---|---|---|
| 50.0 m² | 15.1 tsubo | JPY 5.29M | JPY 4.69M – JPY 5.75M |
| 100.0 m² | 30.3 tsubo | JPY 10.59M | JPY 9.38M – JPY 11.5M |
| 150.0 m² | 45.4 tsubo | JPY 15.88M | JPY 14.07M – JPY 17.24M |
| 200.0 m² | 60.5 tsubo | JPY 21.18M | JPY 18.76M – JPY 22.99M |
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
The displayed period change compares transaction medians in 2021 and 2024. Published transactions and official residential land-price observations are separate series.
Published land transactions (2021–2024)
| Period | Area | Price | Price / m² | Road width | Zoning |
|---|---|---|---|---|---|
| 2024-10 | 140.0 m² | JPY 17M | JPY 124,025 / m²JPY 124.025K / m² | 19 m | Category I residential zone |
| 2024-10 | 150.0 m² | JPY 13M | JPY 81,675 / m²JPY 81.675K / m² | Not disclosed | Category I residential zone |
| 2021-04 | 190.0 m² | JPY 20M | JPY 105,875 / m²JPY 105.875K / m² | 15.4 m | Category I 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.
Tokaichi-Nishimachi land-price summary
The median published transaction price in Tokaichi-Nishimachi for 2021–2024 is JPY 105,875 / m²JPY 105.875K / m². A 100 m² plot would therefore be about JPY 10.59M by simple multiplication. The period-change figure compares yearly transaction medians in 2021 and 2024.