Nestled in the prime location of Blockhouse Bay, Auckland, this charming residential dwelling at 44 Margate Road is a freehold property built in the 1950s. It boasts three spacious bedrooms, a separate lounge, and an open-plan kitchen and dining area that extends to a well-appointed deck, perfect for soaking up the afternoon sun. The home sits on a fully fenced section of approximately 400 square meters with an iron roof and fibrous cement walls in fair and average condition. The property, with a floor area of 109 square meters, has no designated car parks.
Since the latest sale in 2004, the property has seen a significant increase in value. As of June 2021, the capital value has risen to $900,000, marking a 32.35% increase from the $680,000 valuation in July 2017. The HouGarden AVM estimates the property's value at $862,500. The historical sale records show a sale price of $343,000 in September 2004 and $320,000 in August of the same year.
For families with children, the property falls within the zones of both Glenavon School, a full primary with a decile rating of 1, and Lynfield College, a secondary school catering to years 9-15 with a decile rating of 6. This home is not just a Gem in the heart of Blockhouse Bay; it's a wise investment in education and real estate.
Updated on April 30, 2024
Year | Median price | Growth | Sales count |
|---|---|---|---|
2023 | $1,018,000 | -14.8% | 41 |
2022 | $1,195,000 | -11.3% | 53 |
2021 | $1,347,500 | 24.2% | 76 |
2020 | $1,085,000 | 14.2% | 86 |
2019 | $950,000 | 7.3% | 69 |
2018 | $885,000 | -1.8% | 72 |
2017 | $901,500 | 1.2% | 58 |
2016 | $891,000 | 8.6% | 72 |
2015 | $820,500 | 20.3% | 100 |
2014 | $682,000 | - | 86 |
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.18 km | 3 | 1 | -m2 | 2024年02月28日 | $725,000 | Council approved | |
0.28 km | 3 | 1 | 100m2 | 2024年02月15日 | $918,000 | Council approved | ||
 | 0.31 km | 4 | 2 | 0m2 | 2024年02月14日 | - | Council approved | |
 | 0.23 km | 3 | 1 | 109m2 | 2023年12月14日 | $970,000 | Council approved | |
 | 0.11 km | 3 | 2 | 180m2 | 2023年12月04日 | $1,030,000 | Council approved |