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Sold: $512,500

Sold on 2024 Year 2024 Month 07 Day 31

1/32 Warrington Street, Mairehau, Christchurch

2
110m2

Nestled in the tranquility of a quiet cul-de-sac at 1/32 Warrington Street, Mairehau, Christchurch, this residential ownership home unit boasts a practical layout with 2 bedrooms and a single carpark. Constructed in 1997 with mixed materials for the walls and tiles for the roof, both the walls and roof are in good condition. The property sits on a level contour and has a floor area of 110 square meters. It is under a Cross-Lease title, which adds to its unique ownership structure.

With a Capital Value (CV) of $540,000 as of August 2022, this property has shown a remarkable increase of 50% from its previous CV of $360,000 in August 2019. The HouGarden AVM estimates the property's value at $542,500, while the latest sale records from July 31, 2024, indicate a sale price of $512,500, a significant jump from the initial sale price of $151,000 in November 1997.

For families with school-aged children, this property falls within the catchment area of several reputable schools. Middleton Grange School (Years 11 - 13) is a composite school with a decile rating of 9, while Emmanuel Christian School caters to Year 1-10 with a decile rating of 8. Other schools in the zone include Shirley Intermediate (decile 4), Christchurch Adventist School (decile 5), Mairehau High School (Year 9-15, decile 4), St Albans School (decile 8), Hagley Community College (Year 9-15, decile 6), and Marian College (Year 9-15, decile 8), offering a diverse range of educational options.

Updated on September 18, 2024

Council Data

Last update : 2025 02 19
Improvement value$320,000Increased by 30% from year 2019
Land value$220,000Increased by 92% from year 2019
CV(Year 2022 Month 08)$540,000Increased by 50% from year 2019
View typeNo appreciable view
ContourLevel
Floor area110m²
Decade of construction1997
TitleCB33K/438
Type of titleCross-Lease
Legal descriptionFLAT 1 DP 57472 ON LOT 2 DP 55204 HAVING SHARE IN 723 M2
CouncilChristchurch
Estate descriptionFSIM,1/2,LOT 2 DEPOSITED PLAN 55204,723m2
ConstructionExternal Walls: Mixed Materials
Roof: Tiles
ConditionExternal Walls: Good
Roof: Good
ZoningResidential Suburban Density Transition

Similar Properties

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
St Albans School
0.82 km
Primary
1-6
Government
Co-Educational
EQI: 416
8
Te Oraka
1.38 km
Secondary
7-8
Government
Co-Educational
EQI: 514
4
Mairehau High School
1.67 km
Secondary
9-15
Government
Co-Educational
EQI: 519
4
Christchurch Adventist School
2.88 km
Combined
1-13
Government
Co-Educational
EQI: 438
5
Marian College
3.37 km
Secondary
9-15
Government
Single Sex-Girls
EQI: 434
8
Te Puna Wai o Waipapa - Hagley College
3.61 km
Secondary
9-15
Government
Co-Educational
EQI: 472
6
Emmanuel Christian School
5.63 km
Combined
1-10
Government
Co-Educational
EQI: 419
8
Middleton Grange School
6.28 km
Combined
1-13
Government
Co-Educational
EQI: 406
9

Property history

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For developers

Unitary plan:Residential Suburban Density Transition
Land:-
Title:Cross-Lease

Surrounding facilities

Warrington Street Neighborhood and Surrounding Data

Mortgage

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Year 2024 Month 09 Day 13
-
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