Land prices / Tochigi / Nikko
2021–2023 published land transactionsMachiya land prices and price trends
This page aggregates publicly released transactions classified as residential land (land only) for the address area Machiya, Nikko. It does not limit transactions by the buyer's intended use.
Machiya location
Machiya 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 (2021–2023)
Estimated land price by plot size (2021–2023)
| Plot size | Equivalent in tsubo | Median estimate | Middle 50% estimate |
|---|---|---|---|
| 66.1 m² | 20 tsubo | JPY 260,000 | JPY 194,000 – JPY 290,000 |
| 99.2 m² | 30 tsubo | JPY 390,000 | JPY 291,000 – JPY 435,000 |
| 132.2 m² | 40 tsubo | JPY 520,000 | JPY 388,000 – JPY 580,000 |
| 165.3 m² | 50 tsubo | JPY 650,000 | JPY 485,000 – JPY 725,000 |
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 2023. Published transactions and official residential land-price observations are separate series.
Published land transactions (2021–2023)
| Period | Area | Price | Price / m² | Road width | Zoning |
|---|---|---|---|---|---|
| 2023-10 | 260.0 m² | JPY 1M | JPY 3,933 / m² | 22.3 m | |
| 2022-10 | 600.0 m² | JPY 3M | JPY 4,840 / m² | 22 m | Residential use |
| 2021-07 | 260.0 m² | JPY 500,000 | JPY 1,936 / m² | 13 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.
Machiya land-price summary
The median published transaction price in Machiya for 2021–2023 is JPY 3,933 / m². A 99.2 m² (30-tsubo) plot would therefore be about JPY 390,000 by simple multiplication. The period-change figure compares yearly transaction medians in 2021 and 2023.