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Sold: $810,000

Sold on 2024 Year 2024 Month 11 Day 20

7 Jollys Road, Cromwell, Otago

3
111m2
680m2

Nestled at 7 Jollys Road, Cromwell, Otago, this residential dwelling is a charming freehold property, built in 1989 with brick walls and tiled roofing, both in good condition. It boasts 3 bedrooms, a floor area of 111 square meters, and a land area of 680 square meters, complete with a carpark. The property is situated on a level contour, enhancing its appeal.

As for the financials, the capital value has seen a significant increase from $540,000 in September 2019 to $680,000 as of October 2022, reflecting a growth rate of 25.93%. The HouGarden AVM estimates the property's value at $622,500. The latest sale history includes a transaction in 2024 for $810,000 and an earlier one in 2001 for $115,000.

For families with children, the property falls within the Goldfields School zone, a contributing school with a decile rating of 8, indicating a high standard of education in the area.

Updated on December 18, 2024

Council Data

Last update : 2024 12 25
Improvement value$215,000Increased by 2% from year 2019
Land value$465,000Increased by 40% from year 2019
CV(Year 2022 Month 10)$680,000Increased by 25% from year 2019
DeckYes
View typeNo appreciable view
ContourLevel
Land area680m²
Floor area111m²
Decade of construction1989
TitleOT12C/1431
Type of titleFreehold
Legal descriptionLOT 33 DP 18191
CouncilOtago
Estate descriptionFSIM,1/1,LOT 33 DEPOSITED PLAN 18191,681m2
ConstructionExternal Walls: Brick
Roof: Tiles
ConditionExternal Walls: Good
Roof: Good

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Goldfields School (Cromwell)
0.38 km
Primary
1-6
Government
Co-Educational
EQI: 429
8

Property history

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For developers

Unitary plan:-
Land:680m²
Title:Freehold

Surrounding facilities

Jollys Road Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
150 Waenga Drive, Cromwell
0.23 km
3
112m2
Year 2024 Month 11 Day 12
$750,000
Council approved
19 Jollys Road, Cromwell
0.09 km
3
110m2
Year 2024 Month 09 Day 30
$762,000
Council approved
6 Cairnmuir Crescent, Cromwell
0.21 km
3
1
112m2
Year 2024 Month 09 Day 06
$650,000
Council approved
0.30 km
3
112m2
Year 2024 Month 08 Day 23
$745,000
Council approved
16 Jollys Road, Cromwell
0.23 km
3
127m2
Year 2024 Month 08 Day 09
$657,500
Council approved

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