Cross-lease titles in Mount Pleasant, Christchurch City
LINZ records 182 cross-lease titles in Mount Pleasant, 9.0% of its 2,017 live titles: well below Christchurch City as a whole (15.6%) and close to New Zealand (8.7%).
Mount Pleasant, Christchurch City: cross-lease titles
- Cross-lease titles
- 182
- Share of live titles
- 9.0%
- Christchurch City share
- 15.6%
- New Zealand share
- 8.7%
- Rank by share in Christchurch City, among suburbs with 50+ cross-lease titles
- 58 of 68
By share it is in the lowest quarter of 68 in Christchurch City, among suburbs with 50 or more cross-lease titles.
How the cross-leases in Mount Pleasant are set up
Carports appear in fewer leases (3% of schemes, against 13% nationally).
Separate exclusive-use areas are more common (7% of schemes, against 5% nationally).
Two-flat schemes are more common here (100% of schemes, against 76% nationally).
| Scheme structure | Mount Pleasant | Christchurch City | New Zealand |
|---|---|---|---|
| Cross-lease schemes (shared sections) | 93 | 12,525 | 87,651 |
| Two-flat schemes | 100.0% | 79.7% | 76.2% |
| Three-flat schemes | 0.0% | 7.8% | 12.2% |
| Four or more flats | 0.0% | 12.2% | 11.4% |
| Typical section size (from the titles, not a survey) | 836 m² | 809 m² | 908 m² |
| Typical land per flat | 418 m² | 369 m² | 408 m² |
| Schemes with a garage written into a lease | 24.7% | 52.2% | 28.4% |
| Schemes with a carport in a lease | 3.2% | 5.2% | 13.3% |
| Schemes with a separate exclusive-use area | 6.5% | 2.1% | 4.5% |
| Schemes referring to more than one flats plan (usually redrawn; not by itself a problem) | 33.3% | 25.6% | 35.6% |
| Median year of earliest current title | 1990 | 1989 | 1988 |
| Two-flat schemes on 700 m² or more | 75 | 6,564 | 54,978 |
New cross-lease titles since 2020
7 of Mount Pleasant's cross-lease titles were first issued since 2020: 11% of all its new titles in that time, well above Christchurch City (1%) (new cross-lease titles can follow a flats plan being updated, so they are not new schemes).