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Cross-lease titles in Bell Block

LINZ records 123 cross-lease titles in Bell Block, 4.0% of its 3,049 live titles: well below New Plymouth District as a whole (6.6%) and well below New Zealand (8.7%).

Bell Block: cross-lease titles

Cross-lease titles
123
Share of live titles
4.0%
New Plymouth District share
6.6%
New Zealand share
8.7%
Rank by share in New Plymouth District, among suburbs with 50+ cross-lease titles
15 of 16

https://data.linz.govt.nz/layer/50804-nz-property-titles/

By share it is 2nd lowest of 16 in New Plymouth District, among suburbs with 50 or more cross-lease titles; across New Zealand it is in the bottom quarter of the 559 such suburbs.

How the cross-leases in Bell Block are set up

Fewer schemes have four or more flats on one section (3%, against 11% nationally).

Carports appear in more leases (31% of schemes, against 13% nationally).

Fewer schemes refer to more than one flats plan (21%, against 36% nationally), usually because a plan was redrawn.

Scheme structureBell BlockNew Plymouth DistrictNew Zealand
Cross-lease schemes (shared sections)581,09487,651
Two-flat schemes89.7%66.6%76.2%
Three-flat schemes6.9%17.6%12.2%
Four or more flats3.4%15.8%11.4%
Typical section size (from the titles, not a survey)744 m²809 m²908 m²
Typical land per flat352 m²337 m²408 m²
Schemes with a garage written into a lease22.4%38.9%28.4%
Schemes with a carport in a lease31.0%15.5%13.3%
Schemes with a separate exclusive-use area6.9%7.8%4.5%
Schemes referring to more than one flats plan (usually redrawn; not by itself a problem)20.7%27.6%35.6%
Median year of earliest current title198819901988
Two-flat schemes on 700 m² or more3043054,978

New Plymouth District suburbs with the most cross-lease titles

SuburbCross-lease titlesShare
Westown38614.5%
New Plymouth33310.9%
Strandon23118.5%
Waitara1955.5%
Merrilands18110.3%
Fitzroy16317.1%
Moturoa15715.0%
Lower Vogeltown14222.6%
Vogeltown13316.6%
Spotswood12710.9%

Sources and limits