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Home Valuer Report

23 Hopper Road, Freemans Bay, Auckland City

DATE: 17 MAY 2010

The Home Valuer Report gives you an estimate of the current market value of a property along with comparable local sales, rateable value, memorials and title details. If you want to know if you are getting a good deal this is the report for you.

Home Valuer Report

Sections of this report are supplied to you by Terralink International Limited.

23 Hopper Road, Freemans Bay, Auckland Region

Street address: 23 Hopper Road, Freemans Bay, Auckland City

17 May 2010

Estimated Market Value

This is a market evaluation generated by Terralink International Limited under license from Valuation Consultants NZ Limited (VCNZ Ltd). This report provides an estimate of the most probable selling price of the subject property using advanced automated valuation technology, and analysis of sales data and market trends combined to derive this estimate.
  • Estimated Value: $1,110,000
  • Estimated Selling Range: $1,004,000 to $1,113,000
  • Confidence Score: HIGH

  • This score is based on the number of available comparable sales in the area and the predictability of prices within the city or district. The average prediction values of the model (within this location) are within 5.60% of the actual sales price when sold under normal market conditions and where the sale is considered to be an Arms-Length transaction.

Property Description

  • Valuation Address: 23 Hopper Road, Freemans Bay, Auckland Region
  • Street Address: 23 Hopper Road, Freemans Bay, Auckland
  • Property Type: Residential, Dwelling, pre 1914, average
  • Land Area: 304 m2
  • Floor Area: 177 m2
  • Age: 1900 - 1909
  • Parking: 1
  • Roof Construction: Steel / G-Iron
  • Wall Construction: Weatherboard
  • Contour: Level
  • Deck: Yes
  • Description: LOT 23 ALLOT 14 SEC 23 CITY AUCKLAND 304M2
  • Local Authority: Auckland City
  • Title: NA517/124

Current Rating Valuation

Local authorities carry out property valuations to help determine your annual property rates. Rating valuation notices and rates demands are issued by local authorities. Valuations occur at least every three years in accordance with the Ratings Valuations Act 1998.

  • Value of Improvements: $430,000
  • Assessment Date: 1 Jul 2008
  • Land Value: $490,000
  • Valuation Ref: 12/7301260230
  • Rating Valuation: $920,000

Sales History

Previous sales of the property are collected and maintained by local authorities throughout the country.

Sale Date Sale Type Gross Sale Price Net Sale Price Chattels Rating Valuation Land Value
4 Mar 2003Whole$960,000$943,000$17,000$725,000$290,000
28 Sep 2000Whole$568,000$539,600$28,400$575,000$230,000
30 Oct 1996Whole$249,500$237,500$12,000$425,000$220,000
5 May 1996Whole$145,000$136,000$9,000$250,000$115,000

Title Details

A Certificate of Title is associated with every property in New Zealand. This information is held by Land Information New Zealand (LINZ). A physical copy of the Title may be ordered from Terranet (www.terranet.co.nz)

Current Owner

SELL ME TRUST (NA517/124)

Prior Owners

JOHN SMITH JOHNSTONE (NA517/124), BOB JONES WILLIAMS (NA517/124)

  • Certificate of Title: 527/112
  • Land Area: 304 m2
  • Issued Date: 30 Aug 1933
  • Status: Live

Title Transactions

  • TRANSFER - 53427052.2 (29 Apr 2003 9.00 am)
  • NATIONAL BANK OF NEW ZEALAND LIMITED DISCHARGE OF MORTGAGE - 5563252.1 (29 Apr 2003 9.00 am)
  • MORTGAGE - D561733.3 (29 Nov 2000 2.51 pm)
  • NATIONAL BANK OF NEW ZEALAND LIMITED MORTGAGE - D561733.3 (29 Nov 2000 2.51 pm)
  • JOHNSTONE TRACEY JANE TRANSFER - D561733.2 (29 Nov 2000 2.51 pm)
  • WESTPAC BANKING CORPORATION DISCHARGE OF MORTGAGE - D561733.1 (29 Nov 2000 2.51 pm)
  • WESTPAC MORTGAGE - D295812.2 (28 Jul 1998 1.33 pm)
  • AUSTRALIAN GUARANTEE CORPORATION NZ LIMITED DISCHARGE OF MORTGAGE - D295812.1 (28 Jul 1998 1.33 pm)
  • AUSTRALIAN GUARANTEE CORPORATION NEW ZEALAND LIMITED MORTGAGE - D102734.3 (30 Jan 1997 3.30 pm)
  • WINSLEY CONSTRUCTION LIMITED TRANSFER - D102734.2 (30 Jan 1997 3.30 pm)
  • ASB BANK LIMITED DISCHARGE OF MORTGAGE - D102734.1 (30 Jan 1997 3.30 pm)
  • ASB BANK LIMITED MORTGAGE - D021392.2 (18 Jul 1996 9.53 am)
  • GLEYE ROBIN MAY TRANSFER - D021392.1 (18 Jul 1996 9.53 am)
  • DEED OF EASEMENT - 260882 (R281/515) (1 Jan 1870 0.00 am)

Comparable Sales

Comparable Sales Map

A guide to the icons:

  • This Property
  • Comparable Sale

Comparable Sales Details

(A) 40 Cowan Street

  • Sale Price: $1,075,000
  • Rating Valuation: $1,040,000
  • Sale Date: 19 Feb 2010
  • Land Area: 470 m2
  • Floor Area: 184 m2

This property is a 1910's Residential Dwelling, it is located within 500 metres of the subject property. In comparison the floor area is 21 square metres smaller, the land value is approximately 20% less, the rating value is $120,000 more than the subject. The sale occurred 3 months ago and has been selected solely on the comparison of the Rateable Value.

(B) 42 Anglesea Street

  • Sale Price: $960,000
  • Rating Valuation: $800,000
  • Sale Date: 18 Feb 2010
  • Land Area: 354 m2
  • Floor Area: 144 m2

This property is a 1910's Residential Dwelling, it is located within 300 metres of the subject property. In comparison the floor area is 61 square metres smaller, the land value is approximately 10% less, the rating value is $120,000 less than the subject. The sale occurred 3 months ago and has been selected solely on the comparison of the Rateable Value.

(C) 10 Lincoln Street

  • Sale Price: $910,000
  • Rating Valuation: $920,000
  • Sale Date: 25 Jan 2010
  • Land Area: 445 m2
  • Floor Area: 176 m2

This property is a 1910's Residential Dwelling, it is located within 200 metres of the subject property. In comparison the floor area is 29 square metres smaller, the land value is approximately 10% less, the rating value is equal to the subject property. The sale occurred 4 months ago .

(D) 15 Georgina Street

  • Sale Price: $837,500
  • Rating Valuation: $820,000
  • Sale Date: 9 Dec 2009
  • Land Area: 399 m2
  • Floor Area: 107 m2

This property is a 1910's Residential Dwelling, it is located within 500 metres of the subject property. In comparison the floor area is 98 square metres smaller, the land value is approximately 35% less, the rating value is $100,000 less than the subject. The sale occurred 5 months ago and has been selected solely on the comparison of the Rateable Value.

(E) 41 Norfolk Street

  • Sale Price: $845,000
  • Rating Valuation: $740,000
  • Sale Date: 8 Dec 2009
  • Land Area: 303 m2
  • Floor Area: 117 m2

This property is a 1910's Residential Dwelling, it is located within 400 metres of the subject property. In comparison the floor area is 88 square metres smaller, the land value is the same, the rating value is $180,000 less than the subject. The sale occurred 5 months ago and has been selected solely on the comparison of the Rateable Value.

(F) 24 Picton Street

  • Sale Price: $875,000
  • Rating Valuation: $940,000
  • Sale Date: 8 Dec 2009
  • Land Area:
  • Floor Area: 206 m2

This property is a 1910's Residential Dwelling, it is located within 300 metres of the subject property. In comparison the floor area is 1 square metres larger, the land value is approximately 10% less, the rating value is $20,000 more than the subject. The sale occurred 5 months ago .

(G) 62 Richmond Road

  • Sale Price: $1,040,000
  • Rating Valuation: $990,000
  • Sale Date: 11 Nov 2009
  • Land Area: 556 m2
  • Floor Area: 179 m2

This property is a 1910's Residential Dwelling, it is located within 500 metres of the subject property. In comparison the floor area is 26 square metres smaller, the land value is approximately 15% less, the rating value is $70,000 more than the subject. The sale occurred 6 months ago .

(H) 43 Franklin Road

  • Sale Price: $1,010,000
  • Rating Valuation: $1,010,000
  • Sale Date: 21 Aug 2009
  • Land Area: 351 m2
  • Floor Area: 183 m2

This property is a 1910's Residential Dwelling, it is located within 200 metres of the subject property. In comparison the floor area is 22 square metres smaller, the land value is approximately 10% less, the rating value is $90,000 more than the subject. The sale occurred 9 months ago .

(I) 5 Ryle Street

  • Sale Price: $1,050,000
  • Rating Valuation: $880,000
  • Sale Date: 19 Aug 2009
  • Land Area:
  • Floor Area: 198 m2

This property is a 1910's Residential Dwelling, it is located within 300 metres of the subject property. In comparison the floor area is 7 square metres smaller, the land value is the same, the rating value is $40,000 less than the subject. The sale occurred 9 months ago .

(J) 8 Richmond Road

  • Sale Price: $1,021,500
  • Rating Valuation: $960,000
  • Sale Date: 12 Jun 2009
  • Land Area: 480 m2
  • Floor Area: 210 m2

This property is a 1910's Residential Dwelling, it is located within 500 metres of the subject property. In comparison the floor area is 5 square metres larger, the land value is approximately 10% less, the rating value is $40,000 more than the subject. The sale occurred 11 months ago .

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Disclaimer

Sections of this report are generated by Terralink International Limited using an AVM designed by and under license from VCNZ. Information provided by this service is sourced from third parties, and forms a guideline only. Zoodle Limited cannot and does not provide any warranties or assurances of any kind in relation to any information provided through this service. In particular Zoodle Limited does not warrant that the material on the Site and the Services is free from errors, omissions, or other inaccuracies, or is fit for any particular purpose.
You should take note of the currency of the data, as set out above, which is sourced from Terralink International Limited http://www.terranet.co.nz/, Quotable Value, http://www.qv.co.nz/, Land Information New Zealand, http://www.linz.govt.nz/, Valuation Consultants, http://www.vcnz.co.nz/ and Ministry of Education http://www.minedu.govt.nz/ and http://www.schoolzones.co.nz/; and to the links which are provided. Zoodle Limited will not be liable for any claims in relation to this service, the full terms and conditions for the use of which are available at http://www.zoodle.co.nz/

Currency of data

  • Building Consents Data: 11 Mar 2010
  • Survey and Title Data: 9 Mar 2010
  • Terralink Address Data: 25 Mar 2010
  • Valuation and Sales Data: 15 Mar 2010