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Sold: $850,000

Sold on 2024 Year 2024 Month 09 Day 05

2/198g Gloucester Street, Christchurch Central, Christchurch

2
1
84m2

Nestled in a serene cul-de-sac at 2/198g Gloucester Street, Christchurch Central, this residential apartment complex boasts a modern design, built in 2022 with mixed materials for the walls and iron for the roof. The 84 square meter floor area is home to 2 bedrooms, 1 bathroom, and a single carpark. It is governed by a Unit Title, ensuring a good level of privacy and autonomy. The property is in a good condition both in walls and roof, sitting on a level contour.

With a Capital Value (CV) of $860,000 as of August 2022, this property has seen a significant increase of 26.47% from its $680,000 CV in August 2019. The HouGarden AVM estimates the property's value at $867,500, while the latest sale records show transactions at $850,000 in September 2024 and $679,000 in May 2020.

For families with school-aged children, the property falls within the catchment area of several reputable schools. Middleton Grange School (Years 11-13) and Marian College (Year 9-15) both have a decile rating of 9 and 8 respectively, indicating a high standard of education. Other schools in the zone include Hillview Christian School (decile 7), Christchurch Adventist School (decile 5), Christchurch East School (decile 3), Hagley Community College (Year 9-15, decile 6), and Te Aratai College (Year 7&8, decile 3).

Updated on October 02, 2024

Council Data

Last update : 2025 01 15
Improvement value$525,000Reduced by 0% from year 2019
Land value$335,000Increased by 109% from year 2019
CV(Year 2022 Month 08)$860,000Increased by 26% from year 2019
DeckYes
View typeNo appreciable view
ContourLevel
Floor area84m²
Decade of construction2022
Title913483
Type of titleUnit Title
Legal descriptionUNIT 28 DP 542441 ON LOT 305 DP 524104 HAVING SHARE IN 7807 M2
CouncilChristchurch
Estate descriptionSTFH,1/1,PRINCIPAL UNIT 28 DEPOSITED PLAN 542441 AND ACCESSORY UNIT 89 DEPOSITED PLAN 542441
ConstructionExternal Walls: Mixed Materials
Roof: Iron
ConditionExternal Walls: Good
Roof: Good
ZoningCommercial Central City Business

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Christchurch East School
0.56 km
Primary
1-8
Government
Co-Educational
EQI: 467
3
Marian College
1.03 km
Secondary
9-15
Government
Single Sex-Girls
EQI: 434
8
Te Puna Wai o Waipapa - Hagley College
1.67 km
Secondary
9-15
Government
Co-Educational
EQI: 472
6
Te Aratai College
2.26 km
Secondary
7-15
Government
Co-Educational
EQI: 518
3
Hillview Christian School
2.96 km
Combined
1-13
Government
Co-Educational
EQI: 421
7
Christchurch Adventist School
4.24 km
Combined
1-13
Government
Co-Educational
EQI: 438
5
Middleton Grange School
5.27 km
Combined
1-13
Government
Co-Educational
EQI: 406
9

Property history

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For developers

Unitary plan:Commercial Central City Business
Land:-
Title:Unit Title

Surrounding facilities

Gloucester Street Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
6/197 Hereford Street, Christchurch Central
0.17 km
3
3
219m2
Year 2024 Month 10 Day 30
-
Council approved
0.17 km
3
224m2
Year 2024 Month 10 Day 24
$2,010,000
Council approved
0.04 km
3
160m2
Year 2024 Month 09 Day 28
$1,275,000
Council approved
0.04 km
3
162m2
Year 2024 Month 09 Day 19
$1,250,000
Council approved
0.04 km
3
162m2
Year 2024 Month 09 Day 17
$1,237,000
Council approved

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