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Sold: $451,000

Sold on 2024 Year 2024 Month 07 Day 23

8/31 Buffon Street, Waltham, Christchurch

2
1
70m2

Nestled in the serene Buffon Street cul-de-sac, this 2017-built residential unit boasts 2 bedrooms, 1 bathroom, and a single carpark. The 70 square meter floor area is complemented by a well-maintained fibrous cement exterior and a robust iron roof. It sits on a level contour and is governed by a cross-lease title. The property's capital value has seen a rapid increase of 37.31%, from $335,000 in 2019 to $460,000 as per the latest government valuation in 2022. The HouGarden AVM estimates the property's worth at $450,000, closely in line with the latest sale price of $451,000 in 2024, a significant jump from the previous sale of $150,000 in 2006.

With a prime location, the property falls within the catchment area of several esteemed schools. Middleton Grange School, catering to Years 11-13, is a composite school with a decile rating of 9. Other schools in the zone include Hillview Christian School (decile 7), Christchurch Adventist School (decile 5), Hagley Community College (decile 6), Marian College (decile 8), Te Aratai College for Years 7&8 (decile 3), and Waltham School, a full primary with a decile rating of 3.

Updated on August 28, 2024

Council Data

Last update : 2024 12 11
Improvement value$325,000Increased by 22% from year 2019
Land value$135,000Increased by 92% from year 2019
CV(Year 2022 Month 08)$460,000Increased by 37% from year 2019
DeckYes
View typeNo appreciable view
ContourLevel
Floor area70m²
Decade of construction2017
Title749809
Type of titleCross-Lease
Legal descriptionAREA 8 DP 501540 ON LOT 1 DP 504980 HAVING SHARE IN 1033 M2
CouncilChristchurch
Estate descriptionFSIM,1/8,AREA 8 DEPOSITED PLAN 501540
ConstructionExternal Walls: Fibrous Cement
Roof: Iron
ConditionExternal Walls: Good
Roof: Good
ZoningResidential Medium Density

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Waltham School
0.20 km
Primary
1-8
Government
Co-Educational
EQI: 501
3
Hillview Christian School
0.67 km
Combined
1-13
Government
Co-Educational
EQI: 421
7
Marian College
1.26 km
Secondary
9-15
Government
Single Sex-Girls
EQI: 434
8
Te Aratai College
1.86 km
Secondary
7-15
Government
Co-Educational
EQI: 518
3
Te Puna Wai o Waipapa - Hagley College
2.64 km
Secondary
9-15
Government
Co-Educational
EQI: 472
6
Middleton Grange School
6.17 km
Combined
1-13
Government
Co-Educational
EQI: 406
9
Christchurch Adventist School
6.48 km
Combined
1-13
Government
Co-Educational
EQI: 438
5

Property history

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For developers

Unitary plan:Residential Medium Density
Land:-
Title:Cross-Lease

Surrounding facilities

Buffon Street Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
0.12 km
2
1
62m2
Year 2024 Month 11 Day 04
$530,000
Council approved
6/15 Buffon Street, Waltham
0.03 km
2
1
90m2
Year 2024 Month 10 Day 20
$385,000
Council approved
0.12 km
1
1
62m2
Year 2024 Month 10 Day 17
$530,000
Council approved
0.12 km
2
1
66m2
Year 2024 Month 09 Day 25
$544,000
Council approved
0.11 km
2
1
65m2
Year 2024 Month 07 Day 30
$491,304
Council approved

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