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Sold: $530,000

Sold on 2024 Year 2024 Month 02 Day 23

5/7 Spencer Street, Addington, Christchurch

2
1
60m2
94m2

Nestled in the serene cul-de-sac of Spencer Street, this recently constructed 60sqm residential unit boasts a freehold title and a land area of 94sqm. The modern exterior, crafted from a mix of materials, complements the robust iron roof, both in good condition. Inside, the 1-bedroom, 1-bathroom layout provides a cozy living space without compromising on functionality.

With a significant CV increase of 41.03% from $390,000 in 2019 to the current $550,000, and an estimated value of $530,000 by HouGarden AVM, this property also boasts a recent sale history, with the last transaction at $530,000 in February 2024.

For families with educational considerations, this property falls within the zone of several high-performing schools. Notably, Villa Maria College and Middleton Grange School, both with a decile rating of 9, and St Thomas of Canterbury College with a decile rating of 8, offering education from Year 7 through to secondary level. Other schools in the area include Hillmorton High School, Christchurch South Karamata Intermediate, Addington School, Hillview Christian School, Christchurch Adventist School, and Hagley Community College.

Updated on April 10, 2024

Council Data

Last update : 2024 12 11
Improvement value$350,000Increased by 25% from year 2019
Land value$200,000Increased by 81% from year 2019
CV(Year 2022 Month 08)$550,000Increased by 41% from year 2019
View typeNo appreciable view
ContourLevel
Land area94m²
Floor area60m²
Decade of construction2022
Title1040886
Type of titleFreehold
Legal descriptionLOTS 17,5 DP 572703
CouncilChristchurch
Estate descriptionFSIM,1/1,LOT 17 DEPOSITED PLAN 572703,449m2
ConstructionExternal Walls: Mixed Materials
Roof: Iron
ConditionExternal Walls: Good
Roof: Good
ZoningCommercial Core

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Addington Te Kura Taumatua
0.68 km
Primary
1-6
Government
Co-Educational
EQI: 478
3
Te Puna Wai o Waipapa - Hagley College
1.30 km
Secondary
9-15
Government
Co-Educational
EQI: 472
6
Christchurch South Karamata Intermediate School
1.42 km
Secondary
7-8
Government
Co-Educational
EQI: 421
8
Hillmorton High School
2.04 km
Secondary
7-15
Government
Co-Educational
EQI: 476
4
Middleton Grange School
2.93 km
Combined
1-13
Government
Co-Educational
EQI: 406
9
Hillview Christian School
3.59 km
Combined
1-13
Government
Co-Educational
EQI: 421
7
Villa Maria College
3.95 km
Secondary
7-15
Government
Single Sex-Girls
EQI: 407
9
St Thomas of Canterbury College
4.58 km
Secondary
7-15
Government
Single Sex-Boys
EQI: 427
8
Christchurch Adventist School
5.10 km
Combined
1-13
Government
Co-Educational
EQI: 438
5

Property history

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For developers

Unitary plan:Commercial Core
Land:94m²
Title:Freehold

Surrounding facilities

Spencer Street Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
1-3/14 Whiteleigh Avenue, Addington
0.36 km
6
3
-m2
Year 2024 Month 10 Day 29
-
Council approved
3/37 Spencer Street, Addington
0.14 km
2
1
86m2
Year 2024 Month 10 Day 10
-
Council approved
1/12 Feilding Street, Addington
0.13 km
2
1
55m2
Year 2024 Month 08 Day 29
$1,020,000
Council approved
1/35 Parlane Street, Addington
0.24 km
3
1
80m2
Year 2024 Month 07 Day 26
$382,500
Council approved
3/3 Meredith Street, Addington
0.12 km
3
1
-m2
Year 2024 Month 07 Day 25
-
Council approved

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