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Sold: $680,000

Sold on 2024 Year 2024 Month 09 Day 11

2/542 Madras Street, Saint Albans, Christchurch

4
127m2
253m2

Nestled in a serene cul-de-sac at 2/542 Madras Street, Saint Albans, Christchurch, this modern freehold property boasts 4 bedrooms, 2 carparks, and a floor area of 127 square meters on a levelled land area of 253 square meters. Constructed in 2016 with quality brick walls and iron roofing, both in good condition, this residential unit exudes an aura of contemporary elegance. The property's Capital Value (CV) has seen a remarkable increase from $460,000 in 2019 to $670,000 as of 2022, reflecting a growth rate of 46%. The latest sale was recorded on September 11, 2024, at $680,000, closely aligning with the HouGarden AVM of $640,000.

For families with school-aged children, the property falls within the catchment area of esteemed institutions such as Middleton Grange School (Decile 9), Emmanuel Christian School (Decile 8), and St Albans School (Decile 8), among others, ensuring access to quality education.

With a heat pump, an easy-care courtyard, and an internal access double garage, this well-presented modern home offers comfort and convenience, and is available for occupation until January 31, 2024.

Updated on October 16, 2024

Council Data

Last update : 2024 12 11
Improvement value$330,000Increased by 17% from year 2019
Land value$340,000Increased by 88% from year 2019
CV(Year 2022 Month 08)$670,000Increased by 45% from year 2019
DeckYes
View typeNo appreciable view
ContourLevel
Land area253m²
Floor area127m²
Decade of construction2016
Title681771
Type of titleFreehold
Legal descriptionLOT 2 DP 483358
CouncilChristchurch
Estate descriptionFSIM,1/1,LOT 2 DEPOSITED PLAN 483358,253m2
ConstructionExternal Walls: Brick
Roof: Iron
ConditionExternal Walls: Good
Roof: Good
ZoningResidential Medium Density

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
St Albans School
0.95 km
Primary
1-6
Government
Co-Educational
EQI: 416
8
Te Oraka
1.66 km
Secondary
7-8
Government
Co-Educational
EQI: 514
4
Mairehau High School
2.33 km
Secondary
9-15
Government
Co-Educational
EQI: 519
4
Marian College
2.73 km
Secondary
9-15
Government
Single Sex-Girls
EQI: 434
8
Te Puna Wai o Waipapa - Hagley College
2.99 km
Secondary
9-15
Government
Co-Educational
EQI: 472
6
Christchurch Adventist School
3.08 km
Combined
1-13
Government
Co-Educational
EQI: 438
5
Middleton Grange School
5.87 km
Combined
1-13
Government
Co-Educational
EQI: 406
9
Emmanuel Christian School
5.96 km
Combined
1-10
Government
Co-Educational
EQI: 419
8

Property history

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For developers

Unitary plan:Residential Medium Density
Land:253m²
Title:Freehold

Surrounding facilities

Madras Street Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
570 & 572 Madras Street, Saint Albans
0.16 km
6
2
-m2
Year 2024 Month 11 Day 05
-
Council approved
144a Bishop Street, Saint Albans
0.07 km
2
2
92m2
Year 2024 Month 10 Day 30
-
Council approved
1/542 Madras Street, Saint Albans
0.09 km
3
2
-m2
Year 2024 Month 09 Day 20
-
Council approved
8 Verlamio Lane, Edgeware
0.03 km
2
2
96m2
Year 2024 Month 09 Day 13
-
Council approved
8/552 Madras Street, Saint Albans
0.12 km
2
1
80m2
Year 2024 Month 08 Day 16
-
Council approved

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