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1/12 Draper Street, Richmond, Christchurch, 2 Bedrooms, 1 Bathrooms, Townhouse

Sold: Sold price unknown

Sold on 2024 Year 2024 Month 05 Day 02

1/12 Draper Street, Richmond, Christchurch

2
1
60m2

Nestled in the serene Draper Street, this charming 2-bedroom, 1-bathroom home with a single car park is a delightful find. Constructed in 1971 with concrete walls and an iron roof, this cross-lease property sits on a level contour, exuding an air of quiet elegance. The capital value has seen a substantial increase of 59%, from $195,000 in 2019 to the current $310,000, while the HouGarden AVM estimates it at $290,000. The latest sale was in 1998 for $86,000, highlighting the property's appreciating worth.

With a CV growth that outpaces the market and a well-maintained interior featuring a new kitchen, bathroom, and carpet, the home is move-in ready. Its location, bordering the Avon and Bill Sutton Park, offers a tranquil escape while being within walking distance to local amenities and the vibrant Stanmore village. This property is perfect for first-time buyers, retirees, or investors looking to secure their spot on the property ladder.

When it comes to education, the property falls within a highly sought-after school zone. Middleton Grange School boasts a decile rating of 9, Hillview Christian School stands at 7, and the Shirley Intermediate at 4, among others. These educational institutions ensure a quality education for children of all ages. Close to the city yet away from the hustle and bustle, this home is an attractive and affordable option for young families or those looking to downsize.

Updated on May 07, 2024

Council Data

Last update : 2025 02 26
Improvement value$185,000Increased by 50% from year 2019
Land value$125,000Increased by 73% from year 2019
CV(Year 2022 Month 08)$310,000Increased by 58% from year 2019
View typeNo appreciable view
ContourLevel
Floor area60m²
Decade of construction1971
TitleCB10F/161
Type of titleCross-Lease
Legal descriptionFLAT 1 DP 28595 ON LOT 1 DP 28582 HAVING SHARE IN 1012 M2
CouncilChristchurch
Estate descriptionFSIM,1/5,LOT 1 DEPOSITED PLAN 28582,1012m2
ConstructionExternal Walls: Concrete
Roof: Iron
ConditionExternal Walls: Average
Roof: Average
ZoningResidential Suburban Density Transition

Similar Properties

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Christchurch East School
0.81 km
Primary
1-8
Government
Co-Educational
EQI: 467
3
Pareawa Banks Avenue School
1.30 km
Primary
1-6
Government
Co-Educational
EQI: 463
4
Marian College
1.81 km
Secondary
9-15
Government
Single Sex-Girls
EQI: 434
8
Te Oraka
1.83 km
Secondary
7-8
Government
Co-Educational
EQI: 514
4
Te Puna Wai o Waipapa - Hagley College
2.96 km
Secondary
9-15
Government
Co-Educational
EQI: 472
6
Mairehau High School
3.38 km
Secondary
9-15
Government
Co-Educational
EQI: 519
4
Hillview Christian School
3.53 km
Combined
1-13
Government
Co-Educational
EQI: 421
7
Christchurch Adventist School
4.47 km
Combined
1-13
Government
Co-Educational
EQI: 438
5
Middleton Grange School
6.46 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

Draper Street Neighborhood and Surrounding Data

Mortgage

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Data source
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11 Draper Street, Richmond
0.08 km
4
2
200m2
Year 2024 Month 10 Day 03
-
Council approved

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