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Sold: $1,012,000

Sold on 2024 Year 2024 Month 07 Day 25

40 Te Raki Drive, Lincoln, Selwyn

4
254m2
685m2

Nestled in a serene cul-de-sac at 40 Te Raki Drive, Lincoln, Selwyn, this residential dwelling is a paradigm of modern living. Constructed with a blend of mixed materials for the walls and iron for the roof, this 2023-built property stands on a level contour with a floor area of 254sqm and a land area of 685sqm. It boasts 4 bedrooms, 3 carparks, and is held under the freehold title, ensuring long-term ownership security.

With a CV of $930,000 as of September 2021, the property has shown a remarkable increase of 113.64% from its previous CV of $440,000 in July 2021. The HouGarden AVM estimates the property's value at $935,000, while the latest sale records from July 25, 2024, indicate a sale price of $1,012,000, following an earlier sale on April 28, 2021, for $889,000.

For families with school-aged children, the property falls within the zone of several high-performing schools. These include Villa Maria College (Secondary, Decile 9), Lincoln High School (Secondary, Decile 10), Ararira Springs School (Full Primary, Decile 10), St Thomas of Canterbury College (Secondary, Decile 8), Middleton Grange School (Years 11-13, Decile 9), Aidanfield Christian School (Composite, Decile 8), and Christchurch Adventist School (Composite, Decile 5), ensuring access to a diverse range of educational options.

Updated on September 18, 2024

Council Data

Last update : 2024 12 11
Improvement value$490,000
Land value$440,000Reduced by 0% from year 2021
CV(Year 2021 Month 09)$930,000Increased by 111% from year 2021
DeckYes
View typeNo appreciable view
ContourLevel
Land area685m²
Floor area254m²
Decade of construction2023
Title932317
Type of titleFreehold
Legal descriptionLOT 3162 DP 547004
CouncilSelwyn
Estate descriptionFSIM,1/1,LOT 3162 DEPOSITED PLAN 547004,685m2
ConstructionExternal Walls: Mixed Materials
Roof: Iron
ConditionExternal Walls: Good
Roof: Good
ZoningLiving Z

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Ararira Springs Primary- Te Puna o Ararira
0.69 km
Primary
1-8
Government
Co-Educational
EQI: 394
10
Lincoln High School
1.45 km
Secondary
9-15
Government
Co-Educational
EQI: 420
10
Aidanfield Christian School
11.74 km
Combined
1-13
Government
Co-Educational
EQI: 377
8
St Thomas of Canterbury College
14.05 km
Secondary
7-15
Government
Single Sex-Boys
EQI: 427
8
Middleton Grange School
14.54 km
Combined
1-13
Government
Co-Educational
EQI: 406
9
Villa Maria College
14.98 km
Secondary
7-15
Government
Single Sex-Girls
EQI: 407
9
Christchurch Adventist School
19.54 km
Combined
1-13
Government
Co-Educational
EQI: 438
5

Property history

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For developers

Unitary plan:Living Z
Land:685m²
Title:Freehold

Surrounding facilities

Te Raki Drive Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
54 Te Raki Drive, Lincoln
0.19 km
4
2
284m2
Year 2024 Month 12 Day 04
-
Council approved
49 Te Raki Drive, Lincoln
0.27 km
4
2
-m2
Year 2024 Month 09 Day 13
$775,000
Council approved
8 Trainor Street, Lincoln
0.26 km
3
239m2
Year 2024 Month 09 Day 05
$1,140,000
Council approved
223 Southfield Drive, Lincoln
0.23 km
4
240m2
Year 2024 Month 09 Day 03
$969,000
Council approved
206 Southfield Drive, Lincoln
0.39 km
4
2
200m2
Year 2024 Month 08 Day 23
-
Council approved

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