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Home / New Zealand

Website offers property data free

Anne Gibson
By Anne Gibson
Property Editor·
24 Sep, 2006 09:53 PM2 mins to read

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Want to know what your house or apartment is worth? What properties of a similar size and value have sold for lately in your area? How much your land is worth compared with the house or unit?

State-owned enterprise QV is offering free property reports and market value estimates until
October 8 to promote its services. It usually charges up to $69.95 a report.

But beware: So many people are visiting the site that some reports are automatically being blocked or redirected as spam. So QV is telling clients to check spam filters or junk mail folders to hunt for their reports before they complain.

The website asks you to enter details of your area and road or street address. A few minutes later, it automatically generates an email of QV's Essential Property Guide, which can be up to 20 pages.

The guide has a map showing the property in relation to surrounding streets and blocks, a legal description of it, when it last sold, its sale price and its estimated market value today.

Then it shows the 30 most recent sales within the past five years, a graph of sale price trends within the past decade and a comparison between the individual property price and that of the wider suburb and city.

The report also shows school zones and the demographics of neighbourhoods based on the 2001 Census.

Age, ethnicity, housing ownership, average household size, the time people have lived in the area, average rents, total household income, how many local people are unemployed and occupations are also shown.

Steve Langridge, general manager of QV Online, said the free service was being run to enable people to see the scope and range of information available to help them if they wanted to buy or sell a property.

More than 100,000 people have used the service since it started on August 22.

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