Nestled in the tranquility of a quiet cul-de-sac at 1/16 Edwin Freeman Place, Ranui, Auckland, this residential dwelling, built in 1987, boasts a tiles roof and fibrous cement walls in good condition. It offers 3 bedrooms, 1 bathroom, a carpark, and a floor area of 92 square meters. The property, with a Cross-Lease ownership, has seen a significant Capital Value (CV) increase from $495,000 in 2017 to $700,000 as of June 2021, marking a growth of 41.4%. The Heat Pump insulated home is not only warm and sunny but also close to shops, schools, and public transport.
As per the latest market data, the property's HouGarden AVM stands at $670,000, with the most recent sale recorded at $560,000 in 2019. The consistent rise in CV and sales history reflect the property's investment potential. This affordability is complemented by the convenience of a flat contour and a fully fenced front lawn, ideal for families with children and pets.
Educationally, the property falls within the zones of Birdwood School (Full Primary, Decile 2), Waitakere College (Secondary, Decile 3), Henderson Intermediate (Decile 3), and St Paul's School (Massey, Contributing, Decile 4). These institutions offer a range of educational opportunities for families.
Updated on April 30, 2024
Year | Median price | Growth | Sales count |
|---|---|---|---|
2023 | $711,500 | -13.2% | 10 |
2022 | $820,000 | 1.4% | 15 |
2021 | $808,750 | 21.6% | 24 |
2020 | $665,000 | 12.7% | 12 |
2019 | $590,000 | -0.8% | 20 |
2018 | $595,000 | 4.3% | 27 |
2017 | $570,500 | 1% | 26 |
2016 | $565,000 | 13% | 29 |
2015 | $500,000 | 30.9% | 35 |
2014 | $382,000 | - | 29 |
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.23 km | 3 | 1 | -m2 | Year 2024 Month 04 Day 15 | $770,000 | Council approved | |
 | 0.28 km | 4 | 3 | 148m2 | Year 2024 Month 03 Day 14 | $961,000 | Council approved | |
 | 0.21 km | 3 | 1 | 80m2 | Year 2024 Month 02 Day 05 | $653,000 | Council approved | |
 | 0.06 km | 5 | 2 | -m2 | Year 2024 Month 01 Day 31 | $880,500 | Council approved | |
0.23 km | 3 | 1 | 80m2 | Year 2023 Month 11 Day 25 | $583,000 | Council approved |