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Sold: $545,000

Sold on 2024 Year 2024 Month 01 Day 26

2/263 Gloucester Street, Christchurch Central, Christchurch

2
1
89m2
64m2

Nestled in the heart of Christchurch Central at 2/263 Gloucester Street, this modern residential unit boasts 2 bedrooms, 1 bathroom, and spans across a floor area of 89 square meters on a 64 square meter land parcel. With its freehold ownership type, the property features mixed materials for its walls and an iron roof, both in good condition. Built in 2021, it sits on level ground, making it a contemporary choice for homeowners.

Since its last government valuation in August 2018 at $475,000, the property has seen a significant capital value increase of approximately 34.74%, reaching $640,000 by August 2021. The HouGarden AVM estimates its value at $612,500. The property's sale history includes a recent transaction on January 26, 2024, for $545,000, following a previous sale on November 16, 2020, for $520,000, showcasing a steady appreciation in its market value.

Located within a desirable school zone, the property offers access to a range of educational institutions including Middleton Grange School (Years 11 - 13) with a decile rating of 9, Hillview Christian School and Christchurch Adventist School with decile ratings of 7 and 5 respectively, among others. This makes it an ideal location for families prioritizing quality education.

Updated on April 06, 2024.

Council Data

Last update : 2025 01 15
Improvement value$415,000Increased by 16% from year 2019
Land value$225,000Increased by 87% from year 2019
CV(Year 2022 Month 08)$640,000Increased by 34% from year 2019
DeckYes
View typeNo appreciable view
ContourLevel
Land area64m²
Floor area89m²
Decade of construction2021
Title990600
Type of titleFreehold
Legal descriptionLOT 30 DP 560806
CouncilChristchurch
Estate descriptionFSIM,1/1,LOT 30 DEPOSITED PLAN 560806,64m2
ConstructionExternal Walls: Mixed Materials
Roof: Iron
ConditionExternal Walls: Good
Roof: Good
ZoningResidential Visitor Accommodation Zone

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Christchurch East School
0.27 km
Primary
1-8
Government
Co-Educational
EQI: 467
3
Marian College
1.08 km
Secondary
9-15
Government
Single Sex-Girls
EQI: 434
8
Te Puna Wai o Waipapa - Hagley College
1.98 km
Secondary
9-15
Government
Co-Educational
EQI: 472
6
Te Aratai College
2.04 km
Secondary
7-15
Government
Co-Educational
EQI: 518
3
Hillview Christian School
2.99 km
Combined
1-13
Government
Co-Educational
EQI: 421
7
Christchurch Adventist School
4.33 km
Combined
1-13
Government
Co-Educational
EQI: 438
5
Middleton Grange School
5.58 km
Combined
1-13
Government
Co-Educational
EQI: 406
9

Property history

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For developers

Unitary plan:Residential Visitor Accommodation Zone
Land:64m²
Title:Freehold

Surrounding facilities

Gloucester Street Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
3/318 Barbadoes Street, Christchurch Central
0.11 km
2
1
58m2
Year 2024 Month 12 Day 09
-
Council approved
2/255 Gloucester Street, Christchurch Central
0.04 km
2
1
87m2
Year 2024 Month 09 Day 18
$555,000
Council approved
5/221 Armagh Street, Christchurch Central
0.13 km
1
1
56m2
Year 2024 Month 08 Day 28
-
Council approved
0.13 km
1
1
56m2
Year 2024 Month 08 Day 24
$410,000
Council approved
4/261 Gloucester Street, Christchurch Central
0.02 km
2
2
88m2
Year 2024 Month 08 Day 21
-
Council approved

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