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Sold: $852,500

Sold on 2024 Year 2024 Month 01 Day 24

1/27 Shrewsbury Street, Merivale, Christchurch

4
150m2

Located at 1/27 Shrewsbury Street, Merivale, Christchurch, this residential property features 4 bedrooms, a floor area of 150 square meters, and 1 carpark, making it an ideal family home. The property is a Cross-Lease title with mixed materials for the walls and tiles for the roof, both in good condition. Built in 1984, it sits on a level contour, categorised under Residential - Ownership home units.

The capital value of the property has seen a significant increase from $670,000 in August 2019 to $900,000 in August 2022, marking a 34.33% growth. The latest sale recorded was on January 24, 2024, for $852,500, slightly below the HouGarden AVM of $862,500. This demonstrates the property's solid market value and investment potential.

Situated in a prime school zone, the property offers access to top-rated schools including Burnside High School (decile 8), St Patrick's School (Bryndwr) (decile 10), Heaton Normal Intermediate (decile 9), and Christchurch Boys' and Girls' High Schools (decile 10 and 9, respectively), among others. This makes it an excellent choice for families prioritizing education.

Updated on April 06, 2024.

Council Data

Last update : 2024 12 11
Improvement value$250,000Reduced by -7% from year 2019
Land value$650,000Increased by 62% from year 2019
CV(Year 2022 Month 08)$900,000Increased by 34% from year 2019
DeckYes
View typeNo appreciable view
ContourLevel
Floor area150m²
Decade of construction1984
TitleCB26F/622
Type of titleCross-Lease
Legal descriptionFLAT 1 DP 47722 ON LOT 1 DP 47277 HAVING 1/3 INT I 759 SQ METRES
CouncilChristchurch
Estate descriptionFSIM,1/3,FLAT 1 DEPOSITED PLAN 47722
ConstructionExternal Walls: Mixed Materials
Roof: Tiles
ConditionExternal Walls: Good
Roof: Good
ZoningResidential Medium Density

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Elmwood Normal School
0.97 km
Primary
1-6
Government
Co-Educational
EQI: 377
10
Christchurch Girls' High School -Te Kura o Hine Waiora
1.14 km
Secondary
9-15
Government
Single Sex-Girls
EQI: 411
9
Heaton Normal Intermediate
1.22 km
Secondary
7-8
Government
Co-Educational
EQI: 404
9
St Patrick's School (Bryndwr)
1.84 km
Primary
1-8
Government
Co-Educational
EQI: 379
10
Te Puna Wai o Waipapa - Hagley College
1.98 km
Secondary
9-15
Government
Co-Educational
EQI: 472
6
Christchurch Boys' High School
2.14 km
Secondary
9-15
Government
Single Sex-Boys
EQI: 413
10
Christchurch Adventist School
2.49 km
Combined
1-13
Government
Co-Educational
EQI: 438
5
Marian College
2.82 km
Secondary
9-15
Government
Single Sex-Girls
EQI: 434
8
Burnside High School
3.96 km
Secondary
9-15
Government
Co-Educational
EQI: 418
8
Middleton Grange School
4.25 km
Combined
1-13
Government
Co-Educational
EQI: 406
9
Emmanuel Christian School
5.37 km
Combined
1-10
Government
Co-Educational
EQI: 419
8

Property history

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For developers

Unitary plan:Residential Medium Density
Land:-
Title:Cross-Lease

Surrounding facilities

Shrewsbury Street Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
2/12 Shrewsbury Street, Merivale
0.03 km
2
1
-m2
Year 2024 Month 12 Day 13
-
Council approved
4/75 Andover Street, Merivale
0.08 km
3
1
-m2
Year 2024 Month 11 Day 27
-
Council approved
1/78 Andover Street, Merivale
0.14 km
2
1
-m2
Year 2024 Month 11 Day 04
-
Council approved
91 Carlton Mill Road, Merivale
0.11 km
5
4
465m2
Year 2024 Month 10 Day 31
-
Council approved
79 Andover Street, Merivale
0.09 km
4
3
288m2
Year 2024 Month 09 Day 30
-
Council approved

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