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Sold: $435,000

Sold on 2024 Year 2024 Month 03 Day 01

8 Eaglesfield Close, Westmorland, Christchurch

570m2

Located in the serene Westmorland area, 8 Eaglesfield Close is a vacant residential property that boasts a generous land area of 570 square meters. This freehold property, while currently not featuring any buildings, presents a unique opportunity for prospective buyers to design and build their dream home. The property's contour is described as having a steep fall, which could offer interesting architectural and landscaping possibilities. Despite the lack of detailed information on existing structures, such as bedrooms, bathrooms, and car parks, the potential for this plot is immense, given its size and ownership type.

Over the past few years, the capital value of this property has seen a significant increase, jumping from $260,000 in August 2019 to $450,000 in August 2022, marking a 73.08% growth. This rapid appreciation highlights the property's investment potential. The latest sale data further supports this, with the property being sold for $435,000 in March 2024, following a previous sale at $405,000 in August 2021. The HouGarden AVM estimates the property's value at $442,500, indicating a stable market value close to the recent sale price.

The property is situated within an excellent school zone, offering access to a range of high-decile educational institutions. These include Our Lady of the Assumption School (Chch) and Thorrington School, both with a perfect decile rating of 10, and several other schools such as Villa Maria College, Middleton Grange School (Years 11 - 13), and Cashmere High School, all with a decile rating of 9. This makes 8 Eaglesfield Close an ideal location for families prioritizing education.

Updated on March 27, 2024.

Council Data

Last update : 2024 12 11
View typeNo appreciable view
ContourSteep Fall
Land area570m²
Title1040181
Type of titleFreehold
Legal descriptionLOT 201 DP 572564
CouncilChristchurch
Estate descriptionFSIM,1/1,LOT 201 DEPOSITED PLAN 572564,570m2
ConstructionExternal Walls: Unknown
Roof: Unknown
ConditionExternal Walls: Unknown
Roof: Unknown
ZoningResidential Hills

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Cashmere Primary Te Pae Kererū
2.41 km
Primary
1-8
Government
Co-Educational
EQI: 366
10
Our Lady of the Assumption School (Chch)
2.84 km
Primary
1-8
Government
Co-Educational
EQI: 398
10
Cashmere High School
3.08 km
Secondary
9-15
Government
Co-Educational
EQI: 418
9
Te Kura o Huriawa Thorrington
3.44 km
Primary
1-6
Government
Co-Educational
EQI: 378
10
Aidanfield Christian School
4.29 km
Combined
1-13
Government
Co-Educational
EQI: 377
8
Christchurch South Karamata Intermediate School
4.42 km
Secondary
7-8
Government
Co-Educational
EQI: 421
8
Te Puna Wai o Waipapa - Hagley College
6.00 km
Secondary
9-15
Government
Co-Educational
EQI: 472
6
Middleton Grange School
6.57 km
Combined
1-13
Government
Co-Educational
EQI: 406
9
St Thomas of Canterbury College
7.63 km
Secondary
7-15
Government
Single Sex-Boys
EQI: 427
8
Villa Maria College
7.68 km
Secondary
7-15
Government
Single Sex-Girls
EQI: 407
9
Christchurch Adventist School
10.15 km
Combined
1-13
Government
Co-Educational
EQI: 438
5

Property history

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For developers

Unitary plan:Residential Hills
Land:570m²
Title:Freehold

Eaglesfield Close Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
16 Eaglesfield Close, Westmorland
0.10 km
-m2
Year 2024 Month 11 Day 28
$385,000
Council approved
0.23 km
0m2
Year 2024 Month 10 Day 25
$500,000
Council approved
18 Eaglesfield Close, Westmorland
0.08 km
-m2
Year 2024 Month 10 Day 10
-
Council approved
0.12 km
0m2
Year 2024 Month 09 Day 06
$500,000
Council approved
322 Worsleys Road, Westmorland
0.28 km
-m2
Year 2024 Month 08 Day 28
-
Council approved

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