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537 Madras Street, Saint Albans, Christchurch, 3 Bedrooms, 1 Bathrooms, House

Sold: Sold price unknown

Sold on 2024 Year 2024 Month 05 Day 31

537 Madras Street, Saint Albans, Christchurch

3
1
100m2

Nestled in the heart of Saint Albans, Christchurch, this delightful 3-bedroom, 1-bathroom standalone unit at 537 Madras Street is a perfect blend of comfort and convenience. Constructed in 1998 with a solid iron roof and fibrous cement walls in good condition, it sits on a level contour with a cross-lease title. The property boasts an open-plan living area, a private fenced backyard with a covered verandah, and a paved patio. It has seen recent upgrades including new carpet, a repaint, a heat pump, and a modern concrete driveway. The CV has shown a remarkable increase of 41.77% from $395,000 in 2019 to $560,000 as of August 2022. The HouGarden AVM estimates the property at $520,000, while the latest sales were in 2006 for $225,501 and in 1998 for $113,000.

With a prime location, the property is in a highly sought-after school zone. It is zoned for St Albans School (decile 8), Heaton Normal Intermediate (decile 9), and other reputable schools such as Middleton Grange School and Emmanuel Christian School. This makes it an ideal choice for families seeking top-notch education facilities.

Set in a quiet cul-de-sac, the residence offers easy access to Fresh Choice Edgeware, major bus routes, and the recreational amenities of St Albans Park. Whether you're looking for a peaceful retreat or convenient city living, this property has it all.

Updated on May 31, 2024

Council Data

Last update : 2024 12 11
Improvement value$190,000Reduced by -5% from year 2019
Land value$370,000Increased by 89% from year 2019
CV(Year 2022 Month 08)$560,000Increased by 41% from year 2019
DeckYes
View typeNo appreciable view
ContourLevel
Floor area100m²
Decade of construction1998
TitleCB43C/1257
Type of titleCross-Lease
Legal descriptionFLAT 1 DP 75966 ON LOT 38 DP 953 HAVING SHARE IN 1026 M2
CouncilChristchurch
Estate descriptionFSIM,1/3,FLAT 1 DEPOSITED PLAN 75966
ConstructionExternal Walls: Fibrous Cement
Roof: Iron
ConditionExternal Walls: Good
Roof: Good
ZoningResidential Medium Density

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
St Albans School
0.90 km
Primary
1-6
Government
Co-Educational
EQI: 416
8
Heaton Normal Intermediate
2.22 km
Secondary
7-8
Government
Co-Educational
EQI: 404
9
Mairehau High School
2.32 km
Secondary
9-15
Government
Co-Educational
EQI: 519
4
Marian College
2.75 km
Secondary
9-15
Government
Single Sex-Girls
EQI: 434
8
Te Puna Wai o Waipapa - Hagley College
2.98 km
Secondary
9-15
Government
Co-Educational
EQI: 472
6
Christchurch Adventist School
3.03 km
Combined
1-13
Government
Co-Educational
EQI: 438
5
Middleton Grange School
5.84 km
Combined
1-13
Government
Co-Educational
EQI: 406
9
Emmanuel Christian School
5.90 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

Madras Street Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
144a Bishop Street, Saint Albans
0.11 km
2
2
92m2
Year 2024 Month 10 Day 30
-
Council approved
1/542 Madras Street, Saint Albans
0.04 km
3
2
-m2
Year 2024 Month 09 Day 20
-
Council approved
8 Verlamio Lane, Edgeware
0.13 km
2
2
96m2
Year 2024 Month 09 Day 13
-
Council approved
0.17 km
4
127m2
Year 2024 Month 09 Day 11
$680,000
Council approved
8/552 Madras Street, Saint Albans
0.04 km
2
1
80m2
Year 2024 Month 08 Day 16
-
Council approved

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