A Local sales report is ideal when you want to check recent sales activity in your area. A range of search criteria allows you to customise the search so that you can get sales that you are interested in. When you submit your search you will be told the number of sales that match your criteria, so you have the option of refining your search. You can then choose to purchase up to 10, up to 20, or up to 30 sales.
You can search for sales by simply using the standard search criteria (sales within the last 6, 9, 12 or 24 months, sales price range, property type e.g. residential, lifestyle, rural, etc), or you can refine your search further by using the optional advanced criteria (search area options of within the same street, or 500m, 1 km, 5 km, 10 km, or 20 km from the selected property, land type e.g. vacant or improved, land area in either hectares or metres square). For more information about each of the search criteria, click on the search headings on the Local sales search page. The most recent sales will be returned first and only the latest sale on a property is available.
The report displays each sale on a map, along with details including sale date, sale price and capital value at the time of the sale, see sample below.
To get this report you must first search for a property in the area that you want recent sales for. You can then select the Local sales report from the list of available reports.
Notes: The Local sales report only displays sales of properties where QV has linked the property details to a parcel of land.
All search areas search a square area that is the selected distance north, south, east and west of the target property. This may result in some sales being slightly more than the selected distance from the target property.
- Street address The location of the property.
- Valuation reference Each property has a unique number consisting of three parts:
- Property ID. (QPID) This is QV’s reference number for the property.
- Territorial authority The Territorial Authority is the Local Council that levies rates on the property.
- Owner/occupier Where available, this field displays the name(s) of the occupier(s)/owner(s). They will no longer be displayed if there has been a change to the ownership details after 29 April 2003. This will most commonly happen when a property is sold.
- Outstanding activity This field denotes whether or not there are any Building Consents, Subdivisions or Objections outstanding on the property – will contain yes or no.
- Nature of improvements This is the types of buildings on the land.
- Category This tells you the property type: e.g. Residential, Lifestyle, Dairying, etc. It also gives the estimated age for Residential and Lifestyle properties, and economy grading for rural property types. See glossary for more detail about the different categories.
- Report date The day the report was run.
- Sales within last The chosen period to search for sales, 6, 9, 12, or 24 months.
- Gross sale price from The chosen gross sale price range
- Property type The type of property searched for, e.g. residential, lifestyle, rural, industrial, commercial or other.
- Search area The area around the selected property that was searched for sales. Options are within the same street, 500m, 1km, 5km, and for rural or lifestyle properties also 10km or 20km.
- Land type The type of property searched for
- Land area from The chosen land area range.
- Sale number Reference number to show where property is located on the map.
- Situation address The location of the property.
- Sale price This figure is the total sale price recorded for the property. It therefore includes chattels and other considerations.
- Sale date This is the date when buyer and seller agree to the terms and conditions of the sale (including price) by signing the Sale and Purchase Agreement.
- Capital value The assessment of the probable price that would have been paid for the property if it had sold at the date of the last general revaluation. Capital value does not include chattels, stocks, crops, machinery, goodwill or plantation trees. The capital value shown here is at the time of sale.
- Land area The area of the property, in hectares. Where no size is given, it can be assumed that no specific area can be ascribed to the property.
- Floor area This denotes the total floor area of the principal structure and is given in square metres rounded to the nearest 10 square metres.
- Category and construction materials The category tells you the property type: e.g. Residential, Lifestyle, Dairying, etc. It also gives the estimated age for Residential and Lifestyle properties, and economy grading for rural property types. See glossary for more detail about the different categories.
The construction description is the predominant material used for the roof and external walls of the principal structure.
Other sample property reports