Land prices / Tochigi / Nikko

2023 published land transactions

Choka land prices and price trends

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

Median transaction price per m² (2023)
JPY 1,422 / m²JPY 1.422K / m²
Median sample 3Five-year sample 8
Estimated price for 100 m²
JPY 142,175JPY 142.175K
Simple estimate using the displayed median
Estimated land + building budget
JPY 37.08M
100 m² building using the 2025 benchmark

Choka location

Choka 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 737 / m² – JPY 1,649 / m²JPY 737 / m² – JPY 1.649K / m²
Average transaction price
JPY 1,116 / m²JPY 1.116K / m²

Estimated land price by plot size (2023)

Plot sizeEquivalent in tsuboMedian estimateMiddle 50% estimate
50.0 m²15.1 tsuboJPY 71,088JPY 71.088KJPY 36,829JPY 36.829K JPY 82,431JPY 82.431K
100.0 m²30.3 tsuboJPY 142,175JPY 142.175KJPY 73,659JPY 73.659K JPY 164,863JPY 164.863K
150.0 m²45.4 tsuboJPY 213,263JPY 213.263KJPY 110,488JPY 110.488K JPY 247,294JPY 247.294K
200.0 m²60.5 tsuboJPY 284,350JPY 284.35KJPY 147,318JPY 147.318K JPY 329,725JPY 329.725K

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

Published land transactions (2023)

PeriodAreaPricePrice / m²Road widthZoning
2023-10350.0 m²JPY 500,000JPY 500KJPY 1,422 / m²JPY 1.422K / m²20 mOther
2023-07240.0 m²JPY 450,000JPY 450KJPY 1,876 / m²JPY 1.876K / m²12 m
2023-07200.0 m²JPY 10,000JPY 10KJPY 51 / m²10 m

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.

Choka land-price summary

The median published transaction price in Choka for 2023 is JPY 1,422 / m²JPY 1.422K / m². A 100 m² plot would therefore be about JPY 142,175JPY 142.175K by simple multiplication. The period-change figure compares yearly transaction medians in 2021 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 ↗