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3/43 Peverel Street, Riccarton, Christchurch, 2 Bedrooms, 1 Bathrooms

Sold: $505,000

Sold on 2024 Year 2024 Month 04 Day 09

3/43 Peverel Street, Riccarton, Christchurch

2
1
90m2

Nestled in the esteemed Riccarton neighborhood at 3/43 Peverel Street, this residential ownership home unit boasts 2 bedrooms, 1 bathroom, and a single carpark. Constructed in 1993 with durable brick walls and an iron roof, both in good condition, this property is set on level contour. It features a floor area of 90m2 and is governed by a Cross-Lease title. The property has seen a remarkable Capital Value (CV) increase from $340,000 in August 2019 to $560,000 in August 2022, a growth rate of 64.71%. The latest sale was recorded at $505,000 in April 2024, with a HouGarden AVM estimate of $520,000, making it an attractive opportunity for investors and homebuyers alike.

With a heat pump, newly carpeted floors, a modernised bathroom, and a separate toilet, this unit exudes modern comfort. The kitchen is well-appointed with a wall oven and rangehood, complementing the spacious living area that flows seamlessly to the easy-care garden. As part of the Christchurch Girls' and Boys' High School zone, this property is a prime choice for families, with several other high-decile schools in the vicinity, including Villa Maria College and Kirkwood Intermediate.

Conveniently located, it's a short walk to Riccarton Mall and in close proximity to Canterbury University. This property is a must-see for those seeking an easy-care home in a desirable school zone.

Updated on May 08, 2024

Council Data

Last update : 2025 02 26
Improvement value$220,000Increased by 46% from year 2019
Land value$340,000Increased by 78% from year 2019
CV(Year 2022 Month 08)$560,000Increased by 64% from year 2019
DeckYes
View typeNo appreciable view
ContourLevel
Floor area90m²
Decade of construction1993
TitleCB38C/1242
Type of titleCross-Lease
Legal descriptionFLAT 3 DP 65771 ON LOT 40 DP 2052 HAVING 1/3 INT I 809 SQ METRES
CouncilChristchurch
Estate descriptionFSIM,1/3,LOT 40 DEPOSITED PLAN 2052,809m2
ConstructionExternal Walls: Brick
Roof: Iron
ConditionExternal Walls: Good
Roof: Good
ZoningResidential Medium Density

Similar Properties

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Wharenui School
0.43 km
Primary
1-8
Government
Co-Educational
EQI: 461
3
Christchurch Boys' High School
0.97 km
Secondary
9-15
Government
Single Sex-Boys
EQI: 413
10
Kirkwood Intermediate
1.23 km
Secondary
7-8
Government
Co-Educational
EQI: 439
7
Christchurch Girls' High School -Te Kura o Hine Waiora
1.35 km
Secondary
9-15
Government
Single Sex-Girls
EQI: 411
9
Te Puna Wai o Waipapa - Hagley College
1.88 km
Secondary
9-15
Government
Co-Educational
EQI: 472
6
Middleton Grange School
1.94 km
Combined
1-13
Government
Co-Educational
EQI: 406
9
Villa Maria College
2.70 km
Secondary
7-15
Government
Single Sex-Girls
EQI: 407
9
Riccarton High School
2.75 km
Secondary
9-15
Government
Co-Educational
EQI: 442
6
St Thomas of Canterbury College
3.55 km
Secondary
7-15
Government
Single Sex-Boys
EQI: 427
8
Christchurch Adventist School
3.93 km
Combined
1-13
Government
Co-Educational
EQI: 438
5

Property history

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For developers

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

Surrounding facilities

Peverel Street Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
33E Peverel Street, Riccarton
0.22 km
2
1
71m2
Year 2024 Month 12 Day 02
$440,000
Council approved
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2
1
-m2
Year 2024 Month 11 Day 29
-
Council approved
47 Peverel Street, Riccarton
0.05 km
3
1
-m2
Year 2024 Month 10 Day 23
$350,000
Council approved
1/7 Rotherham Street, Riccarton
0.10 km
2
1
-m2
Year 2024 Month 09 Day 18
$510,000
Council approved
54 Division Street, Riccarton
0.09 km
4
1
136m2
Year 2024 Month 09 Day 06
$500,000
Council approved

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