85 Richmond Street Petone, 5012


85 Richmond Street , Petone, 5012
bed3
bathroom1
car4
land478 m2
floor101 m2
Property Type
Residential
Year Built
1906
Last Sold on 15 Jul 2022 for $1,100,000
Settlement Date
05 Sep 2022
Sold By
Professionals Lower Hutt (Redcoats Ltd Mreinz)
Settlement Date
05 Sep 2022
Sold By
Professionals Lower Hutt (Redcoats Ltd Mreinz)
1 of 53Nov 24

Estimated Value Range  

High Confidence
  

Low
High
confidence marker image
$900K
$1.00M

About 85 Richmond Street, Petone, Lower Hutt, 5012

85 Richmond Street, Petone, Lower Hutt, 5012 is a Residential property built in 1906 with 3 bedrooms, 1 bathroom and 4 parking spaces. The property is estimated to be valued in the range of $900,000 to $1,000,000.

The property last sold on 15 July 2022 for $1,100,000. It was sold by Professionals Lower Hutt (Redcoats Ltd Mreinz), and took 14 days to sell. On 1 September 2022, 85 Richmond Street, Petone, Lower Hutt, 5012 had a Rating Valuation with a Capital Value of $1,040,000, Land Value of $850,000 and Improvement Value of $190,000.

Property History

DateTypePriceAgent/Agency
3 Nov 2024Rented$800Matthew Wilson of Maranui Cafe
15 Jul 2022SOLD$1,100,000Alice Pearson of Professionals Lower Hutt (Redcoats Ltd Mreinz)
2 Jul 2022DEADLINE PRIVATE TREATYPrice Not DisclosedAlice Pearson of Professionals Lower Hutt (Redcoats Ltd Mreinz)
18 Dec 2019SOLD$860,000
1 Nov 2018Rented$7,200
19 May 2009ASKING PRICEPrice Not DisclosedCelia Barnao of Harcourts
18 May 2009SOLD$517,000Celia Barnao of Harcourts
11 Jul 1990SOLD$98,000
Present Day
3 Nov
2024
Listed for Rent - Last price at $800 per week
Listed by Matthew Wilson of Maranui Cafe
15 Jul
2022
Sold for $1,100,000
3 years 2 days
Sold by Alice Pearson of Professionals Lower Hutt (Redcoats Ltd Mreinz)
2 Jul
2022
Deadline Private Treaty — Price Not Disclosed
Listed by Alice Pearson of Professionals Lower Hutt (Redcoats Ltd Mreinz)
18 Dec
2019
Sold for $860,000
5 years 6 months 29 days
1 Nov
2018
Listed for Rent - Last price at $7,200 per year
19 May
2009
Asking Price — Price Not Disclosed
Listed by Celia Barnao of Harcourts
18 May
2009
Sold for $517,000
16 years 1 month 29 days
Sold by Celia Barnao of Harcourts
11 Jul
1990
Sold for $98,000
35 years 6 days
1906
Property Built

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Rating Valuation

Capital Value
$1,040,000
Land Value
$850,000
Improvement Value
$190,000
Legal Description(s)

Part Lot 35-36 Deposited Plan 182

Valuation Date
01-09-2022
Valuation Reference
16590/25200

Additional Information

Roof Construction
Steel/G-Iron
Zone
Residential Zone A, 9A
Units of Use
1
Wall Construction
Weatherboard
Maori Land
No
Territorial Authority
Lower Hutt City
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-2025$200K$300K$400K$500K$600K$700K$800K$900K
Median Sale Price(12 MTH)
$794K
Sale Price Change(12 MTH)
-
Avg Days on Market(12 MTH)
46 days
Median Rent(3 MTH)
$650/W
Median Rent Change(12 MTH)
4.80%
Median Rent Yield(12 MTH)
4.20%

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