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Photo of property in 7 Lake Terrace Road, Burwood, Christchurch, 8061

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7 Lake Terrace Road Burwood, 8061

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7 Lake Terrace Road , Burwood, 8061

521 m²

120 m²

Property Type

Residential

Year Built

1970

Last Sold on 21 Feb 2017 for $440,000

Settlement Date

24 Feb 2017

Sold By

Settlement Date

24 Feb 2017

Sold By

Estimated Value Range

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About 7 Lake Terrace Road, Burwood, Christchurch, 8061

7 Lake Terrace Road, Burwood, Christchurch, 8061 is a Residential property built in 1970 with 3 bedrooms, 1 bathroom and 1 parking space. The property is estimated to be valued in the range of $600,000 to $650,000.

The property last sold on 21 February 2017 for $440,000. On 1 August 2022, 7 Lake Terrace Road, Burwood, Christchurch, 8061 had a Rating Valuation with a Capital Value of $650,000, Land Value of $280,000 and Improvement Value of $370,000.

Property History

Date	Type	Price	Agent/Agency
17 Feb 2025	ASKING PRICE	$665,000	Mitchell Roberts of Harcourts Four Seasons Realty 2017 Ltd, The Palms, (Licensed: Reaa 2008)
21 Feb 2017	SOLD	$440,000
14 Sep 2016	ASKING PRICE	$468,000	Nicholas Henare of Ray White Next Step Realty Ltd
2 Jul 2001	SOLD	$115,000
26 Jan 1993	SOLD	$111,000
9 Jun 1991	SOLD	$102,500
3 Jul 1987	SOLD	$89,000
23 Jul 1986	SOLD	$87,000
27 Dec 1983	SOLD	$67,000
12 Jan 1981	SOLD	$35,000

Present Day

17 Feb

2025

Asking Price — $665,000

Listed by Mitchell Roberts of Harcourts Four Seasons Realty 2017 Ltd, The Palms, (Licensed: Reaa 2008)

21 Feb

2017

Sold for $440,000

8 years 6 months 22 days

14 Sep

2016

Asking Price — $468,000

Listed by Nicholas Henare of Ray White Next Step Realty Ltd

2 Jul

2001

Sold for $115,000

24 years 2 months 10 days

26 Jan

1993

Sold for $111,000

32 years 7 months 17 days

9 Jun

1991

Sold for $102,500

34 years 3 months 3 days

3 Jul

1987

Sold for $89,000

38 years 2 months 9 days

23 Jul

1986

Sold for $87,000

39 years 1 month 20 days

27 Dec

1983

Sold for $67,000

41 years 8 months 16 days

12 Jan

1981

Sold for $35,000

44 years 8 months

1970

Property Built

Commute Calculator

Rating Valuation

Capital Value

$650,000

Land Value

$280,000

Improvement Value

$370,000

Legal Description(s)

Lot 4 Deposited Plan 25516

Valuation Date

01-08-2022

Valuation Reference

22382/22000

View Historical Valuations

Additional Information

Roof Construction

Steel/G-Iron

Zone

Residential Zone A, 9A

Units of Use

Wall Construction

Concrete

Maori Land

Territorial Authority

Christchurch City

Land Use

Single Unit excluding Bach

Suburb Insights

Comparable Properties

There are no similar properties in the area that are listed for sale or recently sold.