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2/5 Craven Street, Sockburn, Christchurch, 3 Bedrooms, 0 Bathrooms

Sold: $560,000

Sold on 2024 Year 2024 Month 10 Day 08

2/5 Craven Street, Sockburn, Christchurch

3
110m2

Nestled in the serene cul-de-sac of Craven Street, Sockburn, Christchurch, this 1994-built residential unit boasts a brick exterior and a tiled roof, both in good condition. Offering 3 bedrooms, a single carpark, and a floor area of 110 square meters, it is governed by a Cross-Lease ownership. The property's Capital Value (CV) has seen a remarkable increase from $380,000 in August 2019 to $525,000 in August 2022, showcasing a growth rate of 38.16%. The latest sale was recorded on October 8, 2024, at $560,000, while the HouGarden AVM estimates the property's value at $520,000.

For families with school-aged children, the property falls within the zone of several reputable institutions. These include Villa Maria College (Decile 9), St Thomas of Canterbury College (Decile 8), and Riccarton High School (Decile 6), among others. Each school offers a unique educational environment catering to different age groups and academic needs.

With a heat pump for heating, this spacious unit with open-plan living and a sunny living area is perfect for comfortable family living. Its convenient location near Riccarton High and Our Lady of Victories School, combined with the property's increasing CV, makes it an attractive investment opportunity.

Updated on November 13, 2024

Council Data

Last update : 2024 12 11
Improvement value$280,000Increased by 7% from year 2019
Land value$245,000Increased by 104% from year 2019
CV(Year 2022 Month 08)$525,000Increased by 38% from year 2019
DeckYes
View typeNo appreciable view
ContourLevel
Floor area110m²
Decade of construction1994
TitleCB37C/1208
Type of titleCross-Lease
Legal descriptionFLAT 2 DP 64771 ON LOT 6 DP 6141 HAVING SHARE IN 1249 M2
CouncilChristchurch
Estate descriptionFSIM,1/4,FLAT 2 DEPOSITED PLAN 64771
ConstructionExternal Walls: Brick
Roof: Tiles
ConditionExternal Walls: Good
Roof: Good
ZoningResidential Suburban

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
St Thomas of Canterbury College
0.33 km
Secondary
7-15
Government
Single Sex-Boys
EQI: 427
8
Te Kāpehu Riccarton School
0.41 km
Primary
1-8
Government
Co-Educational
EQI: 471
3
Riccarton High School
0.54 km
Secondary
9-15
Government
Co-Educational
EQI: 442
6
Villa Maria College
0.99 km
Secondary
7-15
Government
Single Sex-Girls
EQI: 407
9
Middleton Grange School
1.36 km
Combined
1-13
Government
Co-Educational
EQI: 406
9
Te Puna Wai o Waipapa - Hagley College
5.11 km
Secondary
9-15
Government
Co-Educational
EQI: 472
6
Christchurch Adventist School
5.79 km
Combined
1-13
Government
Co-Educational
EQI: 438
5

Property history

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For developers

Unitary plan:Residential Suburban
Land:-
Title:Cross-Lease

Surrounding facilities

Craven Street Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
6 Gladson Avenue, Sockburn
0.26 km
3
1
110m2
Year 2024 Month 12 Day 06
$662,000
Council approved
27 Colman Avenue, Sockburn
0.24 km
3
1
-m2
Year 2024 Month 11 Day 27
-
Council approved
28 Craven Street, Sockburn
0.15 km
5
2
214m2
Year 2024 Month 11 Day 06
-
Council approved
4 Bowman Place, Upper Riccarton
0.26 km
5
2
-m2
Year 2024 Month 10 Day 10
-
Council approved
2/23c Craven Street, Upper Riccarton
0.20 km
3
1
120m2
Year 2024 Month 09 Day 11
-
Council approved

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