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Values treble in Heathcote

The capital value of property in Heathcote County has almost trebled in the last five years. From a value of $43.97m, derived from the valuation in November, 1970, the capital value has risen to $125.5m. The Valuation Department said that the basis of the latest valuations had been the analysis of recent comparable sales in the county. The sales had been influenced by the property boom and ever-increasing building costs. Generally, residential properties in the county have had increases similar to those in the recent Christchurch revision.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP19751210.2.56

Bibliographic details

Press, Volume CXV, Issue 34021, 10 December 1975, Page 7

Word Count
91

Values treble in Heathcote Press, Volume CXV, Issue 34021, 10 December 1975, Page 7

Values treble in Heathcote Press, Volume CXV, Issue 34021, 10 December 1975, Page 7