8 Norwood Road Kaiti, 4010


8 Norwood Road , Kaiti, 4010
bed5
bathroom1
car2
land997 m2
floor185 m2
Property Type
Residential
Year Built
1980
Last Sold on 18 Mar 2021 for $740,000
Settlement Date
-
Sold By
Bronwyn Kay Agency
Settlement Date
-
Sold By
Bronwyn Kay Agency
1 of 22Feb 21

Estimated Value Range  

High Confidence
  

Low
High
confidence marker image
$650K
$700K

About 8 Norwood Road, Kaiti, Gisborne, 4010

8 Norwood Road, Kaiti, Gisborne, 4010 is a Residential property built in 1980 with 5 bedrooms, 1 bathroom and 2 parking spaces. The property is estimated to be valued in the range of $650,000 to $700,000.

The property last sold on 18 March 2021 for $740,000. It was sold by Bronwyn Kay Agency. On 1 August 2023, 8 Norwood Road, Kaiti, Gisborne, 4010 had a Rating Valuation with a Capital Value of $657,000, Land Value of $239,000 and Improvement Value of $418,000.

Property History

DateTypePriceAgent/Agency
18 Mar 2021SOLD$740,000Sarah Eriksen of Bronwyn Kay Agency
23 Feb 2021AUCTIONPrice Not DisclosedSarah Eriksen of Bronwyn Kay Agency, (Licensed: Reaa 2008)
30 Jun 2015SOLD$325,000Dianne Holland of Bronwyn Kay Agency
28 May 2015AUCTIONPrice Not DisclosedDianne Holland of Bronwyn Kay Agency
26 Apr 1994SOLD$13,500
17 Jan 1986SOLD$12,000
Present Day
18 Mar
2021
Sold for $740,000
4 years 4 months 2 days
Sold by Sarah Eriksen of Bronwyn Kay Agency
23 Feb
2021
Auction — Price Not Disclosed
Listed by Sarah Eriksen of Bronwyn Kay Agency, (Licensed: Reaa 2008)
30 Jun
2015
Sold for $325,000
10 years 20 days
Sold by Dianne Holland of Bronwyn Kay Agency
28 May
2015
Auction — Price Not Disclosed
Listed by Dianne Holland of Bronwyn Kay Agency
26 Apr
1994
Sold for $13,500
31 years 2 months 24 days
17 Jan
1986
Sold for $12,000
39 years 6 months 3 days
1980
Property Built

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Rating Valuation

Capital Value
$657,000
Land Value
$239,000
Improvement Value
$418,000
Legal Description(s)

Lot 8 Deposited Plan 4300

Valuation Date
01-08-2023
Valuation Reference
8411/57700

Additional Information

Roof Construction
Steel/G-Iron
Zone
Residential Zone A, 9A
Units of Use
1
Wall Construction
Weatherboard
Maori Land
No
Territorial Authority
Gisborne District
Land Use
Single Unit excluding Bach

Suburb Insights

Created with Highcharts 7.2.1SuburbJul-2024Aug-2024Sep-2024Oct-2024Nov-2024Dec-2024Jan-2025Feb-2025Mar-2025Apr-2025May-2025Jun-20250$100K$200K$300K$400K$500K
Median Sale Price(12 MTH)
$452K
Sale Price Change(12 MTH)
-12.10%
Avg Days on Market(12 MTH)
23 days
Median Rent(3 MTH)
$645/W
Median Rent Change(12 MTH)
7.50%
Median Rent Yield(12 MTH)
6.70%

Comparable Properties

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