report description
The Property trend report helps to answer two key questions about a property:
What’s happened to a properties value over time and how does it compare to other properties in the area?
QV’s Property trend report provides you with a 10 year history of the change in a properties capital value, any sale prices of the property over that period and plots this on a graph against the average sales prices in the suburb (where possible) and city/region.
How does the value of your selected property compare to other properties in the neighbourhood?
Is it one of the higher value properties, or are you buying the cheapest property in the best street? Check QV’s property trend map and see how property values compare around the neighbourhood.
Notes: The suburb average sales price on the Property trend graph is only displayed where there are sufficient sales over the past 10 years.
When we are not able to identify a properties geo co-ordinates a graph only version of the report will be made available at a reduced price.
Report Key
Property details
- Street address The location of the property.
- Valuation reference Each property has a unique number consisting of three parts:
Roll Number
Assessment Number
Suffix (Optional)
- 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.
Rating value data
- 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.
- Land value The probable price that would have been paid for just the land as at the date of valuation. The land value includes any development work which may have been carried out, such as, draining, excavation, filling, retaining walls, reclamation, grading, levelling, clearing of vegetation, fertility build-up, or protection from erosion or flooding.
- Value of improvements This is the difference between the capital and land values. It reflects the additional value given to the land by any buildings, other structures or cropping trees and vines present on the property, and any landscaping that adds value to the land.
- Rating value date The valuation date is the date at which the values are assessed. Each Local Authority has one valuation date applying to all its properties, often referred to as revision date. If a new improvement or subdivision is done after this date, it will be assessed as at the revision date to maintain uniformity.
Property trend graph
- Property trend graph This chart shows the changes in value over the last 10 years for the target property compared to other residential properties in the suburb (where available) and territorial authority.
- Capital value The recorded changes of Capital value for the selected property over the last 10 years.
- Sale Recorded market sales of the selected property over the last 10 years.
- Average sale price of Local Council The average sales price for the last 10 years for the Local Council that the selected property is within.
- Average sale price of Suburb Where there are sufficent sales this will show the average sales price for the last 10 years for the suburb that the selected property is within.
Capital value map
- Capital value map The capital value map shows the surrounding properties' current capital values in comparison to the target property's capital value (shaded white with red outline). The capital value map only highlights residential properties (not including vacant sections) where there is only one property on a parcel of land, so does not show cross leased or unit title properties.
Map
Map legend
- Capital value map legend This legend dynamically changes so that it shows value ranges ± 5 %, ± 25 % and ± 50% of the Capital value of the selected property and colours the properties on the map the applicaple colour.
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