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Sold: $453,000

Sold on 2024 Year 2024 Month 06 Day 09

15 Bridge Street, Rakaia, Ashburton

3
127m2
1396m2

Nestled at 15 Bridge Street in the serene Rakaia, Ashburton, this residential dwelling is a charming example of early 20th-century architecture, built in 1920 with wood walls and an iron roof, both in good condition. It boasts 3 bedrooms, a floor area of 127 square meters, and a spacious land area of 1396 square meters, complemented by 3 car parks. The property is held under the freehold title, ensuring full control and ownership.

As per the government's valuation, the capital value has seen a substantial increase from $295,000 in 2018 to $375,000 in 2021, reflecting a growth rate of 27.12%. The HouGarden AVM estimates the property's worth at $367,500. The latest sale history is impressive, with transactions recorded at $452,500 in August 2023 and $453,000 in June 2024.

For families with school-going children, the property falls within the zones of several high-performing schools. These include Villa Maria College and St Thomas of Canterbury College, both secondary schools with a decile rating of 9 and 8 respectively. Mount Hutt College, Ashburton Christian School, Ashburton College, and Craighead Diocesan School are also in close proximity, offering a range of educational options.

Updated on August 01, 2024

Council Data

Last update : 2025 01 15
Improvement value$230,000Increased by 15% from year 2021
Land value$210,000Increased by 20% from year 2021
CV(Year 2024 Month 07)$440,000Increased by 17% from year 2021
View typeNo appreciable view
ContourLevel
Land area1396m²
Floor area127m²
Decade of construction1920
TitleCB18K/875
Type of titleFreehold
Legal descriptionLOT 1 DP 39649 RAKAIA TSHIP
CouncilAshburton
Estate descriptionFSIM,1/1,LOT 1 DEPOSITED PLAN 39649,1396m2
ConstructionExternal Walls: Wood
Roof: Iron
ConditionExternal Walls: Good
Roof: Good
ZoningResidential C

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Ashburton Christian School
26.93 km
Combined
1-10
Government
Co-Educational
EQI: 435
6
Ashburton College
27.04 km
Secondary
9-15
Government
Co-Educational
EQI: 467
6
Mount Hutt College
32.92 km
Secondary
7-15
Government
Co-Educational
EQI: 436
9
St Thomas of Canterbury College
49.10 km
Secondary
7-15
Government
Single Sex-Boys
EQI: 427
8
Villa Maria College
50.19 km
Secondary
7-15
Government
Single Sex-Girls
EQI: 407
9
Craighead Diocesan School
95.30 km
Secondary
7-15
Government
Single Sex-Girls
EQI: 405
9

Property history

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For developers

Unitary plan:Residential C
Land:1396m²
Title:Freehold

Surrounding facilities

Bridge Street Neighborhood and Surrounding Data

Mortgage

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Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
101 Rolleston Street, Rakaia
0.13 km
3
1
-m2
Year 2024 Month 11 Day 27
$450,000
Council approved
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2
1
93m2
Year 2024 Month 11 Day 19
$400,000
Council approved
83 Elizabeth Avenue, Rakaia
0.08 km
3
2
160m2
Year 2024 Month 10 Day 30
-
Council approved
61 Michael Street, Rakaia
8.04 km
2
1
80m2
Year 2024 Month 09 Day 05
-
Council approved
131 Rolleston Street, Rakaia
0.27 km
3
131m2
Year 2024 Month 08 Day 18
$470,250
Council approved

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