Nestled in the heart of Linwood, Christchurch, at 2/426 Worcester Street, this residential ownership home unit boasts 3 bedrooms, 1 bathroom, and a single carpark. Constructed in 1977 with concrete walls and tiled roofing, the property stands firm with a good wall and roof condition. It operates on a Cross-Lease title and offers a comfortable 80 square meters of floor area. The capital value has seen a substantial increase from $240,000 in 2019 to $380,000 in 2022, reflecting a growth rate of 58.33%. The property is situated in a level contour and is equipped with a heat pump for separate living area comfort, an open-plan kitchen and dining, and a fully fenced patio area for easy care.
As for valuation, the HouGarden AVM estimates the property at $362,500, while the latest sale records show transactions at $390,000 in 2024 and $190,000 in 2007. The property's proximity to the CBD adds to its allure, with a convenient lifestyle on offer.
For families with school-aged children, the property falls within the zones of several reputable schools. Middleton Grange School rates a high decile 9, Hillview Christian School stands at decile 7, and Hagley Community College at decile 6. Other options include Marian College, Christchurch East School, and Te Aratai College, all within reach and catering to various educational levels.
Updated on October 23, 2024