Home values in Christchurch have risen an average of just 1 per cent in three years, according to new council rating valuations. The latest round of three-yearly valuations puts the average value of homes in the city at $540,000. READ MORE:* Tasman house values rise almost a third in three years* Auckland man shows how to challenge your home's rating valuation* Christchurch homes worth almost $500,000 with new rating values closeCHRISTCHURCHNZ The average Christchurch home rating valuation is $540,000. Stacy Squires/Stuff The Christchurch City Council's new property valuations will affect rates from July. The 1 per cent increase follows a 7.3 per cent jump in rating valuations between 2013 and 2016.

Source: Stuff November 04, 2019 05:03 UTC