42 Essex Street, Marchwiel, Timaru

Nestled at 42 Essex Street, Marchwiel, Timaru, this charming residential dwelling, built in 1950, boasts a freehold title. It features 3 bedrooms, 1 bathroom, and a single carpark. The property has a floor area of 98 square meters and is situated on a generous 756 square meter section. The exterior walls are constructed with fibrous cement, while the roof is made of tiles, both in average condition. The contour of the land is level, adding to the ease of living in this tranquil setting.

As for the financials, the capital value has seen a significant increase from $265,000 in 2020 to $340,000 in 2023, indicating a growth rate of 28.3%. The HouGarden AVM estimates the property's value at $325,000. The latest sale history includes a transaction on March 8, 2024, for $430,000, a substantial leap from the sale in December 2000 for $66,750.

Educationally, the property falls within the zones of several reputable schools. St Joseph's School (Timaru) is a full primary with a decile rating of 7. Mountainview High School caters to secondary students with a decile rating of 6. Oceanview Heights School is a full primary with a decile rating of 2. Additionally, Craighead Diocesan School and Roncalli College, both secondary schools, have decile ratings of 9 and 7 respectively, offering a range of educational options for families.

Updated on April 11, 2024