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Sold: $1,740,000

Sold on 2024 Year 2024 Month 07 Day 04

329b Cambridge Terrace, Christchurch Central, Christchurch

5
279m2
258m2

Nestled at 329b Cambridge Terrace, Christchurch Central, this residential ownership home unit boasts 4 bedrooms and 1 carpark. Constructed in 2023 with a floor area of 279sqm and a land area of 258sqm, the property features a freehold title, iron roof, and mixed-material walls in good condition. The property stands on level contour, enhancing its appeal.

With a current Capital Value (CV) of $1,500,000 as of August 2022, the property's value has shown a significant increase, evident by the latest sale on July 4, 2024, for $1,740,000. The HouGarden AVM estimates the property's worth at $1,465,000, showcasing a promising investment opportunity.

For families with school-aged children, the property falls within the catchment area of several reputable schools. Middleton Grange School (Years 11-13) rates a high decile 9, Hillview Christian School a decile 7, while Mairehau High School and Hagley Community College are both at decile 6 and 8 respectively. Other schools in the zone include Christchurch Adventist School, Christchurch East School, and Marian College.

Updated on August 28, 2024

Council Data

Last update : 2024 12 11
Improvement value$1,060,000
Land value$440,000
CV(Year 2022 Month 08)$1,500,000
DeckYes
View typeFocal Point Of view - Water
ContourLevel
Land area258m²
Floor area279m²
Decade of construction2023
Title1072456
Type of titleFreehold
Legal descriptionLOT 2 DP 578783
CouncilChristchurch
Estate descriptionFSIM,1/1,LOT 2 DEPOSITED PLAN 578783,258m2
ConstructionExternal Walls: Mixed Materials
Roof: Iron
ConditionExternal Walls: Good
Roof: Good
ZoningResidential Central City

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Christchurch East School
0.62 km
Primary
1-8
Government
Co-Educational
EQI: 467
3
Marian College
1.59 km
Secondary
9-15
Government
Single Sex-Girls
EQI: 434
8
Te Puna Wai o Waipapa - Hagley College
2.23 km
Secondary
9-15
Government
Co-Educational
EQI: 472
6
Mairehau High School
3.43 km
Secondary
9-15
Government
Co-Educational
EQI: 519
4
Hillview Christian School
3.50 km
Combined
1-13
Government
Co-Educational
EQI: 421
7
Christchurch Adventist School
3.92 km
Combined
1-13
Government
Co-Educational
EQI: 438
5
Middleton Grange School
5.64 km
Combined
1-13
Government
Co-Educational
EQI: 406
9

Property history

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For developers

Unitary plan:Residential Central City
Land:258m²
Title:Freehold

Surrounding facilities

Cambridge Terrace Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
209/226 Salisbury Street, Christchurch Central
0.03 km
3
1
-m2
Year 2024 Month 09 Day 18
-
Council approved
209/226 Salisbury Street, Christchurch Central
0.01 km
3
1
64m2
Year 2024 Month 09 Day 04
$512,500
Council approved
6/239 Salisbury Street, Christchurch Central
0.04 km
2
1
-m2
Year 2024 Month 08 Day 23
$612,500
Council approved
244 Salisbury Street, Christchurch Central
0.05 km
3
173m2
Year 2024 Month 08 Day 20
$1,315,000
Council approved
329A Cambridge Terrace, Christchurch Central
0.01 km
4
4
-m2
Year 2024 Month 07 Day 15
-
Council approved

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