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125 Elizabeth Street, Riccarton, Christchurch, 4 Bedrooms, 1 Bathrooms

Sold: $615,000

Sold on 2024 Year 2024 Month 10 Day 31

125 Elizabeth Street, Riccarton, Christchurch

4
1
120m2
403m2

Nestled in the desirable Riccarton, this 4-bedroom, 1-bathroom residence with 2 car parks is a gem on a 403sqm freehold section. Constructed in 1940 with brick walls and tiled roof, the property boasts an average condition with a recent refresh. The spacious floor area of 120sqm includes a large lounge with a heat pump, a modern kitchen with a range hood and dishwasher, and polished floors. The brand new roof and low maintenance fully fenced yard add to the appeal. Notably zoned for Christchurch Boys' High School, it's also convenient to Middleton Grange and Westfield Mall. The property has seen a 44.19% CV increase from $430,000 in 2019 to $620,000 in 2022, with a HouGarden AVM of $612,500 and a latest sale of $615,000 in 2024.

With a history of escalating government valuations and a recent sale, this property presents a sound investment. The CV growth percentage is a testament to the area's desirability and potential for future value appreciation.

Educationally endowed, the property falls within the zones of highly rated schools such as Villa Maria College (Decile 9), Kirkwood Intermediate (Decile 7), and Christchurch Girls' High School (Decile 9), ensuring a quality education for the family.

Updated on November 20, 2024

Council Data

Last update : 2025 02 19
Improvement value$170,000Reduced by -2% from year 2019
Land value$450,000Increased by 76% from year 2019
CV(Year 2022 Month 08)$620,000Increased by 44% from year 2019
View typeNo appreciable view
ContourLevel
Land area403m²
Floor area120m²
Decade of construction1940
Title177882
Type of titleFreehold
Legal descriptionLOT 1 DP 343356
CouncilChristchurch
Estate descriptionFSIM,1/1,LOT 1 DEPOSITED PLAN 343356,403m2
ConstructionExternal Walls: Brick
Roof: Tiles
ConditionExternal Walls: Average
Roof: Average
ZoningResidential Suburban Density Transition

Similar Properties

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Wharenui School
0.33 km
Primary
1-8
Government
Co-Educational
EQI: 461
3
Kirkwood Intermediate
0.83 km
Secondary
7-8
Government
Co-Educational
EQI: 439
7
Middleton Grange School
1.30 km
Combined
1-13
Government
Co-Educational
EQI: 406
9
Christchurch Boys' High School
1.32 km
Secondary
9-15
Government
Single Sex-Boys
EQI: 413
10
Christchurch Girls' High School -Te Kura o Hine Waiora
1.99 km
Secondary
9-15
Government
Single Sex-Girls
EQI: 411
9
Riccarton High School
2.12 km
Secondary
9-15
Government
Co-Educational
EQI: 442
6
Villa Maria College
2.19 km
Secondary
7-15
Government
Single Sex-Girls
EQI: 407
9
Te Puna Wai o Waipapa - Hagley College
2.45 km
Secondary
9-15
Government
Co-Educational
EQI: 472
6
St Thomas of Canterbury College
2.95 km
Secondary
7-15
Government
Single Sex-Boys
EQI: 427
8
Christchurch Adventist School
4.37 km
Combined
1-13
Government
Co-Educational
EQI: 438
5

Property history

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For developers

Unitary plan:Residential Suburban Density Transition
Land:403m²
Title:Freehold

Surrounding facilities

Elizabeth Street Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
7 Centennial Ave, Riccarton
0.15 km
8
2
-m2
Year 2024 Month 12 Day 11
-
Council approved
4/15 George Street, Riccarton
0.22 km
3
2
-m2
Year 2024 Month 10 Day 31
$815,000
Council approved
49 Wainui Street, Riccarton
0.08 km
3
1
-m2
Year 2024 Month 10 Day 24
-
Council approved
3 Huia Street, Riccarton
0.15 km
3
1
85m2
Year 2024 Month 10 Day 14
-
Council approved
34A Centennial Avenue, Riccarton
0.15 km
2
1
-m2
Year 2024 Month 10 Day 04
-
Council approved

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