Land prices / Yamaguchi / Hofu
2021 published land transactionsShimbashicho land prices and price trends
This page aggregates publicly released transactions classified as residential land (land only) for the address area Shimbashicho, Hofu. It does not limit transactions by the buyer's intended use.
Shimbashicho location
Shimbashicho 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)
Estimated land price by plot size (2021)
| Plot size | Equivalent in tsubo | Median estimate | Middle 50% estimate |
|---|---|---|---|
| 50.0 m² | 15.1 tsubo | JPY 937,750JPY 937.75K | JPY 907,500JPY 907.5K – JPY 968,000JPY 968K |
| 100.0 m² | 30.3 tsubo | JPY 1.88M | JPY 1.82M – JPY 1.94M |
| 150.0 m² | 45.4 tsubo | JPY 2.81M | JPY 2.72M – JPY 2.9M |
| 200.0 m² | 60.5 tsubo | JPY 3.75M | JPY 3.63M – JPY 3.87M |
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 2021. Published transactions and official residential land-price observations are separate series.
Published land transactions (2021)
| Period | Area | Price | Price / m² | Road width | Zoning |
|---|---|---|---|---|---|
| 2021-10 | 730.0 m² | JPY 15M | JPY 19,965 / m²JPY 19.965K / m² | 25 m | Category I mid/high-rise residential zone |
| 2021-01 | 450.0 m² | JPY 7.9M | JPY 17,545 / m²JPY 17.545K / m² | 24 m | Category II 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.
Shimbashicho land-price summary
The median published transaction price in Shimbashicho for 2021 is JPY 18,755 / m²JPY 18.755K / m². A 100 m² plot would therefore be about JPY 1.88M by simple multiplication. The period-change figure compares yearly transaction medians in 2021 and 2021.
Station-area land prices near Shimbashicho
Stations whose coordinates are within 1.5 km straight-line distance of this neighborhood's representative point, ordered by distance.
This is not the distance from an individual property or a walking-time catchment. Each station page aggregates the full areas of qualifying neighborhoods.