Leasehold titles in Northwood
LINZ records 108 leasehold titles in Northwood, 4.9% of its 2,214 live titles: well above Christchurch City as a whole (0.5%) and well above New Zealand (1.2%).
- Leasehold titles
- 108
- Share of live titles
- 4.9%
- Christchurch City share
- 0.5%
- New Zealand share
- 1.2%
- Rank by share in Christchurch City, among suburbs with 50+ leasehold titles
- 1 of 6
By share it is the highest of 6 in Christchurch City, among suburbs with 50 or more leasehold titles.
Lease terms in Northwood
Most (85 of 108) are leasehold units in unit-title developments; the largest group, 79%, comprises leases with no stated or readable term.
| Stated lease term | Titles |
|---|---|
| Stated term has ended | 0 |
| Under 10 years left | 0 |
| 10 to 50 years left | 0 |
| More than 50 years left | 0 |
| Term mentions renewal | 23 |
| Term not stated or not readable | 85 |
New leasehold titles since 2020
7 of Northwood's leasehold titles were first issued since 2020: 8% of all its new titles in that time, well above Christchurch City (1%).
Christchurch City suburbs with the most leasehold titles
| Suburb | Leasehold titles | Share |
|---|---|---|
| Riccarton | 76 | 1.6% |
| Shirley | 72 | 2.8% |
| Christchurch Central | 55 | 0.6% |
| Addington | 51 | 1.5% |
| Burnside | 51 | 1.4% |