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1/23 Purchas Street, Saint Albans, Christchurch, 2 Bedrooms, 1 Bathrooms

Sold: $500,000

Sold on 2024 Year 2024 Month 11 Day 13

1/23 Purchas Street, Saint Albans, Christchurch

2
1
100m2

Nestled in the serene cul-de-sac of Purchas Street, this Residential - Ownership home unit boasts 2 bedrooms, 1 bathroom, and a single carpark. Constructed in 1978 with concrete walls and tiled roofing, the property sits on level contour with an average wall and roof condition. The 100sqm floor area is complemented by a private patio and garden, a modern kitchen with a dishwasher, and the comfort of a heat pump and double glazing. The property is a cross-lease on Cera rated TC2 land, conveniently located near Edgeware Village, the CBD, and the amenities of Victoria Street. Notably, the capital value has surged by 45.21% from $365,000 in 2019 to $530,000 in 2022, with a HouGarden AVM of $485,000 and a latest sale of $500,000 in 2024.

For families, the property falls within a highly regarded school zone. Heaton Normal Intermediate and Middleton Grange School (Years 11 - 13) are both decile 9, while St Albans School and Marian College are decile 8. Emmanuel Christian School and Hagley Community College also offer strong educational options. Mairehau High School and Christchurch Adventist School round out the list with solid ratings.

This property stands out as the best, not just for its features and location, but also for its promising investment potential and access to top-notch education.

Updated on December 18, 2024

Council Data

Last update : 2025 02 05
Improvement value$130,000Reduced by -16% from year 2019
Land value$400,000Increased by 90% from year 2019
CV(Year 2022 Month 08)$530,000Increased by 45% from year 2019
View typeNo appreciable view
ContourLevel
Floor area100m²
Decade of construction1978
TitleCB19A/147
Type of titleCross-Lease
Legal descriptionFLAT 1 DP 41568 ON LOT 59A DP 2952 HAVING SHARE IN 506 M2
CouncilChristchurch
Estate descriptionFSIM,1/2,LOT 59A DEPOSITED PLAN 2952,506m2
ConstructionExternal Walls: Concrete
Roof: Tiles
ConditionExternal Walls: Average
Roof: Average
ZoningResidential Medium Density

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
St Albans School
1.10 km
Primary
1-6
Government
Co-Educational
EQI: 416
8
Heaton Normal Intermediate
2.00 km
Secondary
7-8
Government
Co-Educational
EQI: 404
9
Marian College
2.40 km
Secondary
9-15
Government
Single Sex-Girls
EQI: 434
8
Te Puna Wai o Waipapa - Hagley College
2.40 km
Secondary
9-15
Government
Co-Educational
EQI: 472
6
Mairehau High School
2.85 km
Secondary
9-15
Government
Co-Educational
EQI: 519
4
Christchurch Adventist School
3.01 km
Combined
1-13
Government
Co-Educational
EQI: 438
5
Middleton Grange School
5.31 km
Combined
1-13
Government
Co-Educational
EQI: 406
9
Emmanuel Christian School
5.94 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

Purchas Street Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
39 Sherborne Street, Saint Albans
0.05 km
3
1
131m2
Year 2025 Month 01 Day 22
-
Council approved
0.12 km
3
130m2
Year 2024 Month 12 Day 23
$820,000
Council approved
992a Colombo Street, Saint Albans
0.12 km
3
2
-m2
Year 2024 Month 11 Day 20
-
Council approved
6/481 Manchester Street, Saint Albans
0.13 km
1
1
46m2
Year 2024 Month 11 Day 11
$250,000
Council approved
2/25 Sherborne Street, Saint Albans
0.12 km
2
1
110m2
Year 2024 Month 10 Day 22
-
Council approved

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