Located at 25 Fairfield Avenue, Addington, Christchurch, this residential dwelling boasts a freehold ownership type with a land area of 615 square meters and a floor area of 109 square meters. Constructed in 1910, the property features 3 bedrooms and is characterized by roughcast wall construction and an iron roof, both in average condition. The property is situated on a level contour, enhancing its appeal and accessibility.
Over the years, the capital value of this property has seen a significant increase, from $350,000 in August 2018 to $590,000 in August 2021, marking a 68.57% growth. The HouGarden AVM estimates its value at $577,500, while the latest sale on January 23, 2024, was recorded at $530,000, up from $220,000 on December 14, 2005. This steady growth in value underscores the property's investment potential.
The property is zoned for several reputable schools, including Villa Maria College and St Thomas of Canterbury College, both secondary schools with decile ratings of 9 and 8, respectively. Additionally, it is within the zones for Middleton Grange School (decile 9), Hillmorton High School (decile 4), Christchurch South Karamata Intermediate (decile 8), Addington School (decile 3), Hillview Christian School (decile 7), Christchurch Adventist School (decile 5), and Hagley Community College (decile 6), offering a wide range of educational options for families.