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Sold: $750,000

Sold on 2024 Year 2024 Month 10 Day 29

257 Mount Grey Road, Loburn, Waimakariri

2
1
80m2
42370m2

Nestled at 257 Mount Grey Road, Loburn, Waimakariri, this Lifestyle - Improved property is a charming representation of a 1950s build. It boasts 2 bedrooms, 1 bathroom, and 3 car parks, all set on a sprawling 42,370 square meters of level land. The freehold title ensures full ownership, while the wood exterior walls and tiled roof contribute to its classic appeal. Both the walls and roof are in average condition, and the property enjoys a floor area of 80 square meters. With a CV of $610,000 as of July 2022, this property has seen a rapid increase of 69.44% from its August 2019 valuation of $360,000.

Valuation history shows a HouGarden AVM of $562,500, with the latest sale on October 29, 2024, fetching $750,000, a significant jump from the previous sale on May 12, 2015, at $125,000. This reflects a substantial capital value growth percentage, making it an attractive investment.

For families with school-aged children, the property falls within the North Loburn School, a Full Primary with a decile rating of 9. Additionally, Rangiora High School, Rangiora New Life School, Christchurch Adventist School, and Marian College are all within reach, offering a range of educational options from primary to secondary levels, with decile ratings ranging from 5 to 9.

Updated on December 04, 2024

Council Data

Last update : 2024 12 11
Improvement value$265,000Increased by 51% from year 2019
Land value$345,000Increased by 86% from year 2019
CV(Year 2022 Month 07)$610,000Increased by 69% from year 2019
DeckYes
View typeNo appreciable view
ContourLevel
Land area42370m²
Floor area80m²
Decade of construction1950
Title563820
Type of titleFreehold
Legal descriptionLOTS 1 & 3 DP 447042
CouncilWaimakariri
Estate descriptionFSIM,1/1,LOT 1, 3 DEPOSITED PLAN 447042
ConstructionExternal Walls: Wood
Roof: Tiles
ConditionExternal Walls: Average
Roof: Average
ZoningRU

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
North Loburn School
2.90 km
Primary
1-8
Government
Co-Educational
EQI: 407
9
Rangiora High School
15.80 km
Secondary
9-15
Government
Co-Educational
EQI: 448
9
Rangiora New Life School
17.83 km
Combined
1-13
Government
Co-Educational
EQI: 431
9
Christchurch Adventist School
36.66 km
Combined
1-13
Government
Co-Educational
EQI: 438
5
Marian College
41.74 km
Secondary
9-15
Government
Single Sex-Girls
EQI: 434
8

Property history

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For developers

Unitary plan:RU
Land:42370m²
Title:Freehold

Mount Grey Road Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
3.31 km
4
232m2
Year 2024 Month 11 Day 20
$1,340,000
Council approved
3.29 km
4
150m2
Year 2024 Month 09 Day 17
$1,040,000
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127 Smarts Road, Loburn
0.70 km
3
1
80m2
Year 2024 Month 08 Day 02
$810,000
Council approved
115 Smarts Road, Loburn
0.58 km
2
1
98m2
Year 2024 Month 07 Day 18
$805,500
Council approved
196 Smarts Road, Loburn
0.85 km
2
170m2
Year 2024 Month 07 Day 16
$720,000
Council approved

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