Cross-lease titles in Edgeware
LINZ records 870 cross-lease titles in Edgeware, 36.8% of its 2,367 live titles: well above Christchurch City as a whole (15.6%) and well above New Zealand (8.7%).
- Cross-lease titles
- 870
- Share of live titles
- 36.8%
- Christchurch City share
- 15.6%
- New Zealand share
- 8.7%
- Rank by share in Christchurch City, among suburbs with 50+ cross-lease titles
- 1 of 68
By share it is the highest of 68 in Christchurch City, among suburbs with 50 or more cross-lease titles; across New Zealand it is in the top tenth of the 559 such suburbs.
How the cross-leases in Edgeware are set up
More schemes have four or more flats on one section (58%, against 11% nationally), up to 12.
Fewer schemes refer to more than one flats plan (13%, against 36% nationally), usually because a plan was redrawn.
Two-flat schemes are less common here (29% of schemes, against 76% nationally).
| Scheme structure | Edgeware | Christchurch City | New Zealand |
|---|---|---|---|
| Cross-lease schemes (shared sections) | 238 | 12,525 | 87,651 |
| Two-flat schemes | 29.0% | 79.7% | 76.2% |
| Three-flat schemes | 12.6% | 7.8% | 12.2% |
| Four or more flats | 58.4% | 12.2% | 11.4% |
| Typical section size (from the titles, not a survey) | 938 m² | 809 m² | 908 m² |
| Typical land per flat | 238 m² | 369 m² | 408 m² |
| Schemes with a garage written into a lease | 65.5% | 52.2% | 28.4% |
| Schemes with a carport in a lease | 12.2% | 5.2% | 13.3% |
| Schemes with a separate exclusive-use area | 4.2% | 2.1% | 4.5% |
| Schemes referring to more than one flats plan (usually redrawn; not by itself a problem) | 13.4% | 25.6% | 35.6% |
| Median year of earliest current title | 1979 | 1989 | 1988 |
| Two-flat schemes on 700 m² or more | 33 | 6,564 | 54,978 |
New cross-lease titles since 2020
15 of Edgeware's cross-lease titles were first issued since 2020: 3% of all its new titles in that time, against Christchurch City (1%) (new cross-lease titles can follow a flats plan being updated, so they are not new schemes).