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586 Madras Street, Saint Albans, Christchurch, 3 Bedrooms, 2 Bathrooms, House

Sold: Sold price unknown

Sold on 2024 Year 2024 Month 12 Day 05

586 Madras Street, Saint Albans, Christchurch

3
2
154m2
424m2

Positioned on a generous 424 sqm freehold section, this modern standalone single-level home in Saint Albans, Christchurch, boasts 3 bedrooms, 2 bathrooms, and 2 car parks. Constructed in 2004 with durable brick walls and tiled roof, both in good condition, the property features an open-plan living area with a north-facing aspect and excellent indoor-outdoor flow. The government's capital value (CV) has seen a significant increase from $455,000 in 2019 to $730,000 in 2022, reflecting a growth of 60.44%. The property's HouGarden AVM is estimated at $665,000, with the latest sales recorded at $500,000 in 2021 and $455,000 in 2020.

With a prime location in a sought-after school zone, the area offers a range of educational institutions, including St Albans School, Middleton Grange School (decile 9), and Marian College, all within easy reach. The property is zoned for St Albans School (decile 8), Heaton Intermediate, and Mairehau High School (decile 4), providing a quality educational environment for families.

Centrally located, the property is within walking distance to Bealey Avenue, St Albans Park, and local amenities, with bus routes nearby and Merivale Mall a short drive away. This is a perfect opportunity to secure a slice of city-fringe living at its best.

Updated on December 05, 2024

Council Data

Last update : 2025 01 15
Improvement value$270,000Reduced by -5% from year 2019
Land value$460,000Increased by 170% from year 2019
CV(Year 2022 Month 08)$730,000Increased by 60% from year 2019
View typeNo appreciable view
ContourLevel
Land area424m²
Floor area154m²
Decade of construction2004
TitleCB48A/1031
Type of titleFreehold
Legal descriptionLOT 1 DP 83349
CouncilChristchurch
Estate descriptionFSIM,1/1,LOT 1 DEPOSITED PLAN 83349,424m2
ConstructionExternal Walls: Brick
Roof: Tiles
ConditionExternal Walls: Good
Roof: Good
ZoningResidential Suburban Density Transition

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
St Albans School
0.79 km
Primary
1-6
Government
Co-Educational
EQI: 416
8
Te Oraka
1.58 km
Secondary
7-8
Government
Co-Educational
EQI: 514
4
Mairehau High School
2.10 km
Secondary
9-15
Government
Co-Educational
EQI: 519
4
Christchurch Adventist School
2.94 km
Combined
1-13
Government
Co-Educational
EQI: 438
5
Marian College
2.97 km
Secondary
9-15
Government
Single Sex-Girls
EQI: 434
8
Te Puna Wai o Waipapa - Hagley College
3.19 km
Secondary
9-15
Government
Co-Educational
EQI: 472
6
Emmanuel Christian School
5.78 km
Combined
1-10
Government
Co-Educational
EQI: 419
8
Middleton Grange School
5.97 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:424m²
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
0.12 km
6
2
-m2
Year 2024 Month 11 Day 05
-
Council approved
0.10 km
2
1
60m2
Year 2024 Month 10 Day 16
$400,000
Council approved
1 Allard Street, Edgeware
0.14 km
3
1
145m2
Year 2024 Month 08 Day 08
$750,000
Council approved
4/10 Lindsay Street, Saint Albans
0.05 km
2
1
-m2
Year 2024 Month 08 Day 08
$510,000
Council approved
2/159 Edgeware Road, Edgeware
0.10 km
2
1
69m2
Year 2024 Month 07 Day 24
$500,000
Council approved

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