Harcourts sells former P-lab at auction for $77,000, auction sale rates above 50% in all regions except Bay of Plenty

This Housing NZ house at Kawakawa sold for $77,000.

A Housing New Zealand house that had been used as a P-lab was sold at auction by Harcourts for $77,000 last week.

The two bedroom house in Kawakawa (pictured) was on a 1204 square metre section in a street of family homes on the edge of the small Northland town.

The house had been decomtaminated prior to sale and an independent testing laboratory had certified that it was no longer contaminated by methamphetamine or the chemicals used to make it, and the house had been declared fit for domestic occupancy.

However it had been stripped of wall and floor coverings as part of the cleaning process and would need substantial redecoration.

It had a rating valuation of $109,000.

Harcourts auction clearance rates (the percentage of homes that sold) last week ranged from a low of 48% in the Bay of Plenty to a high of 67%  in Northland.

In Auckland Harcourts put 61 homes up for auction of which 35 were sold and 26 passed in, giving a clearance rate of 57% and prices ranged form $413,000 for a two bedroom house in Tuakau to $2.175 million for rural villa in Waiatarua.

In the Bay of Plenty the clearnce rate was 48% and in the Waikato it was 55%.

In the lower North Island the clearance rate was 57% and in Chrstchurch it was 62%.

See below for Harcourts’ full auction results from last week: