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Sold: $1,130,000

Sold on 2024 Year 2024 Month 07 Day 23

44 Wallis Drive, Cromwell, Otago

3
189m2
560m2

Nestled at 44 Wallis Drive, Cromwell, Otago, this residential dwelling boasts a freehold title on a level plot. The modern construction, completed in 2022, features mixed materials for the walls and an iron roof, both in good condition. The interior spans an area of 189 square meters, with 3 bedrooms and 2 car parks, creating a spacious and comfortable living environment.

Since September 2019, the capital value has seen a significant increase of 28.75%, reaching $1,030,000 as of October 2022. The HouGarden AVM estimates the property's worth at $1,032,500, closely aligning with the government valuation. The latest sale history is notable, with a transaction in July 2024 for $1,130,000, a substantial leap from the previous sale in December 2020 for $299,000.

For families with children, the property falls within the highly regarded Cromwell Primary School zone, a contributing school with a decile rating of 9, ensuring access to quality education.

Updated on September 11, 2024

Council Data

Last update : 2025 01 15
Improvement value$600,000Increased by 21% from year 2019
Land value$430,000Increased by 40% from year 2019
CV(Year 2022 Month 10)$1,030,000Increased by 28% from year 2019
View typeNo appreciable view
ContourLevel
Land area560m²
Floor area189m²
Decade of construction2022
Title981141
Type of titleFreehold
Legal descriptionLOT 90 DP 556859
CouncilOtago
Estate descriptionFSIM,1/1,LOT 90 DEPOSITED PLAN 556859,560m2
ConstructionExternal Walls: Mixed Materials
Roof: Iron
ConditionExternal Walls: Good
Roof: Good

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Cromwell Primary School
0.91 km
Primary
1-6
Government
Co-Educational
EQI: 422
9

Property history

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For developers

Unitary plan:-
Land:560m²
Title:Freehold

Surrounding facilities

Wallis Drive Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
0.25 km
3
177m2
Year 2024 Month 12 Day 06
$1,037,000
Council approved
10 Searle Drive, Cromwell
0.12 km
4
2
231m2
Year 2024 Month 12 Day 03
-
Council approved
4 Bradford Street, Cromwell
0.18 km
4
2
152m2
Year 2024 Month 09 Day 03
-
Council approved
0.10 km
0m2
Year 2024 Month 08 Day 30
$440,000
Council approved
0.19 km
3
163m2
Year 2024 Month 08 Day 22
$1,010,000
Council approved

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