Land prices / Osaka / Ibaraki-City

2024 published land transactions

Shimeien land prices and price trends

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

Median transaction price per m² (2024)
JPY 296,450 / m²JPY 296.45K / m²
Median sample 3Five-year sample 4
Estimated price for 100 m²
JPY 29.65M
Simple estimate using the displayed median
Estimated land + building budget
JPY 63.92M
100 m² building using the 2025 benchmark

Shimeien location

Shimeien 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 (2024)

Middle 50% price range
JPY 291,913 / m² – JPY 314,600 / m²JPY 291.913K / m² – JPY 314.6K / m²
Average transaction price
JPY 305,525 / m²JPY 305.525K / m²

Estimated land price by plot size (2024)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 14.82MJPY 14.6M JPY 15.73M
100.0 m²30.3 tsuboJPY 29.65MJPY 29.19M JPY 31.46M
150.0 m²45.4 tsuboJPY 44.47MJPY 43.79M JPY 47.19M
200.0 m²60.5 tsuboJPY 59.29MJPY 58.38M JPY 62.92M

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 2024. Published transactions and official residential land-price observations are separate series.

Published land transactions (2024)

PeriodAreaPricePrice / m²Road widthZoning
2024-07120.0 m²JPY 39MJPY 332,750 / m²JPY 332.75K / m²12.6 mCategory I mid/high-rise residential zone
2024-01120.0 m²JPY 34MJPY 287,375 / m²JPY 287.375K / m²19 mCategory I mid/high-rise residential zone
2024-01100.0 m²JPY 30MJPY 296,450 / m²JPY 296.45K / m²13 mCategory I mid/high-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.

Shimeien land-price summary

The median published transaction price in Shimeien for 2024 is JPY 296,450 / m²JPY 296.45K / m². A 100 m² plot would therefore be about JPY 29.65M by simple multiplication. The period-change figure compares yearly transaction medians in 2021 and 2024.

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 ↗