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Sold: $540,000

Sold on 2024 Year 2024 Month 07 Day 04

5a Errol Lane, Huntsbury, Christchurch

5
109m2
783m2

Nestled in the serene Huntsbury neighborhood, 5a Errol Lane stands as a charming residential dwelling on a freehold land. Constructed in 2003 with fibrous cement walls and tiled roofing, this 5-bedroom home boasts a floor area of 109 square meters and is set on a generous 783 square meter section with an easy/moderate fall contour. The property, in a good condition both in walls and roof, presents a warm invitation to potential buyers.

According to the latest property valuation, the capital value has seen a slight decrease from $560,000 in August 2019 to $540,000 in August 2022, indicating a -3.57% growth rate. However, the HouGarden AVM estimates the property at $542,500, and the most recent sale on July 4, 2024, was at the same CV of $540,000, a significant increase from the $210,000 sale in 2001.

For families with school-aged children, the property falls within the zone of several high-performing schools. These include Villa Maria College (decile 9), St Thomas of Canterbury College (decile 8), Middleton Grange School (Years 11-13, decile 9), Cashmere High School (decile 9), St Martins School (decile 9), Hillview Christian School (decile 7), Christchurch Adventist School (decile 5), and Hagley Community College (decile 6), offering a range of educational options.

Updated on August 07, 2024

Council Data

Last update : 2025 02 26
Improvement value$290,000Reduced by -34% from year 2019
Land value$250,000Increased by 108% from year 2019
CV(Year 2022 Month 08)$540,000Reduced by -3% from year 2019
DeckYes
View typeFocal Point Of view - Other
ContourEasy/Moderate Fall
Land area783m²
Floor area109m²
Decade of construction2003
Title92691
Type of titleFreehold
Legal descriptionLOT 2 DP 323129
CouncilChristchurch
Estate descriptionFSIM,1/1,LOT 2 DEPOSITED PLAN 323129,783m2
ConstructionExternal Walls: Fibrous Cement
Roof: Tiles
ConditionExternal Walls: Good
Roof: Good
ZoningResidential Hills

Similar Properties

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
St Martins School
0.23 km
Primary
1-8
Government
Co-Educational
EQI: 402
9
Hillview Christian School
1.32 km
Combined
1-13
Government
Co-Educational
EQI: 421
7
Cashmere High School
2.63 km
Secondary
9-15
Government
Co-Educational
EQI: 418
9
Te Puna Wai o Waipapa - Hagley College
4.29 km
Secondary
9-15
Government
Co-Educational
EQI: 472
6
Middleton Grange School
7.29 km
Combined
1-13
Government
Co-Educational
EQI: 406
9
Villa Maria College
8.36 km
Secondary
7-15
Government
Single Sex-Girls
EQI: 407
9
Christchurch Adventist School
8.41 km
Combined
1-13
Government
Co-Educational
EQI: 438
5
St Thomas of Canterbury College
8.89 km
Secondary
7-15
Government
Single Sex-Boys
EQI: 427
8

Property history

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For developers

Unitary plan:Residential Hills
Land:783m²
Title:Freehold

Surrounding facilities

Errol Lane Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
4 Glenview Terrace, Saint Martins
0.11 km
5
260m2
Year 2024 Month 12 Day 18
$880,000
Council approved
0.33 km
4
3
239m2
Year 2024 Month 12 Day 07
$1,425,000
Council approved
48 Hillsborough Terrace, Hillsborough
0.30 km
4
181m2
Year 2024 Month 11 Day 21
$1,250,000
Council approved
35A Ramahana Road, Huntsbury
0.13 km
3
1
130m2
Year 2024 Month 11 Day 01
-
Council approved
55 Albert Terrace, Saint Martins
0.26 km
4
3
242m2
Year 2024 Month 10 Day 03
-
Council approved

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