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18 Penfold Square, Leithfield, Hurunui, 2 Bedrooms, 1 Bathrooms, House

Sold: $321,000

Sold on 2023 Year 2023 Month 12 Day 31

18 Penfold Square, Leithfield, Hurunui

2
1
52m2
307m2

Welcome to 18 Penfold Square, Leithfield, Hurunui, a quintessential Kiwiana beach bach nestled in a serene location. This property, with its 2 bedrooms, 1 bathroom, and 2 car parks, spans a floor area of 52m² on a generous 307m² freehold land. Built in the 1940s, the dwelling features fibrous cement walls and an iron roof, both in fair condition, complemented by a level property contour, offering a blend of charm and potential.

Since its last valuation in September 2019 at $175,000, the capital value of this residence has surged to $305,000 by July 2022, marking an impressive 74.29% increase. The HouGarden AVM estimates its worth at $295,000, while the latest sale on December 31, 2023, reached $321,000, up from a mere $21,000 in April 1986. This property's value trajectory underscores its desirability and the potential for further appreciation.

Education is well catered for, with Leithfield School (Full Primary, decile 8), Rangiora High School (Secondary Year 9-15, decile 9), Rangiora New Life School (Composite, decile 9), and Christchurch Adventist School (Composite, decile 5) all within the vicinity. This property promises a blend of peaceful living and convenient access to quality education, making it an ideal choice for families.

Updated on April 06, 2024.

Council Data

Last update : 2024 12 11
Improvement value$150,000Increased by 66% from year 2019
Land value$155,000Increased by 82% from year 2019
CV(Year 2022 Month 07)$305,000Increased by 74% from year 2019
View typeNo appreciable view
ContourLevel
Land area307m²
Floor area52m²
Decade of construction1940
TitleCB32K/1168
Type of titleFreehold
Legal descriptionLOT 40 DP 55302 BLK IX TEVIOTDALE SD
CouncilHurunui
Estate descriptionFSIM,1/1,LOT 40 DEPOSITED PLAN 55302,307m2
ConstructionExternal Walls: Fibrous Cement
Roof: Iron
ConditionExternal Walls: Fair
Roof: Fair
ZoningResidential 1

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Leithfield School Te Kura o Kōwai
1.80 km
Primary
1-8
Government
Co-Educational
EQI: 433
8
Rangiora High School
15.71 km
Secondary
9-15
Government
Co-Educational
EQI: 448
9
Rangiora New Life School
17.37 km
Combined
1-13
Government
Co-Educational
EQI: 431
9
Christchurch Adventist School
33.93 km
Combined
1-13
Government
Co-Educational
EQI: 438
5

Property history

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For developers

Unitary plan:Residential 1
Land:307m²
Title:Freehold

Surrounding facilities

Penfold Square Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
23 Kowai Street, Leithfield
1.51 km
3
1
90m2
Year 2024 Month 11 Day 20
-
Council approved
14 Penfold Square, Leithfield
0.04 km
3
1
-m2
Year 2024 Month 11 Day 01
-
Council approved
2A Smarts Drive, Leithfield
0.11 km
4
1
120m2
Year 2024 Month 09 Day 16
-
Council approved
0.39 km
2
1
93m2
Year 2024 Month 08 Day 28
$430,000
Council approved
17 Smarts Drive, Leithfield
0.10 km
5
1
176m2
Year 2024 Month 07 Day 24
$750,000
Council approved

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