20436/36c Welles Street, Christchurch Central, Christchurch

Nestled in the heart of Christchurch Central at 20436/36c Welles Street, this residential apartment complex, built in 2018, boasts 2 bedrooms, 1 bathroom, and a single carpark. The property features concrete walls in good condition and an iron roof, also well-maintained. With a floor area of 73 square meters, it sits on a level contour and is governed by a Unit Title. The property has shown a significant Capital Value (CV) increase from $475,000 in August 2019 to $620,000 in August 2022, reflecting a growth rate of 30.53%.

According to the latest market data, the HouGarden AVM estimates the property's value at $592,500. The most recent sale occurred on February 20, 2024, at $650,000, following a previous sale on January 14, 2019, at $499,000, indicating a consistent upward trend in the property's market value.

For families with school-aged children, the property falls within the catchment area of several reputable schools. Middleton Grange School, catering to Years 11-13, is a composite school with a decile rating of 9. Other schools in the zone include Hillview Christian School (decile 7), Christchurch Adventist School (decile 5), Christchurch East School (a full primary with decile 3), Hagley Community College (secondary, decile 6), Marian College (secondary, decile 8), and Te Aratai College for Years 7&8 (secondary, decile 3).

Updated on April 10, 2024