The Trend Analysis of the Formation of Land Values in the Metropolitan Areas -A Case Study of the Northwestern Part of Nara Prefecture-

In the metropolitan areas, rising market land prices are one of serious problems awaiting solution. In order to restrain market land prices from rising, standard land values of selected lots are published by the National Land Agency and the prefectural authorities every year. These are named "Koji Kakaku" or "Hyojyun Kakaku". By using standard land values as basic datum, the author analyzed the areal difference and the time-seriestic one of the formation of land values in the northwestern part of Nara prefecture which is situated on the Osaka metropolitan areas. The results of this study can be found in the following passages. (1) The highest value zone widely distributes through the western part of Nara city. Many higher valued lots form two horizontal axes (one stretches from Ikoma city to Nara city, the other stretches from Yamato-Takada city to Kashihara city), and one vertical axis (it stretches from Ikorna city, via Oji cho, to Taima cho). (Fig. 2) (2) In the last four years (1975-1979), land values of 303 lots are increased by3.9% on an average. (3) The formation of land values is correlative with the necessary time taking to Osaka