Nestled in the heart of Christchurch Central at 4/279 Worcester Street, this residential ownership home unit boasts 2 bedrooms, 1 bathroom, and a single carpark. Constructed with durable brick walls and an iron roof, the property stands on level contour with a floor area of 70 square meters. The cross-lease title adds to the property's allure, while the good condition of both walls and roof ensure low maintenance. The property has seen a significant Capital Value (CV) increase of 2.67% from $150,000 in 2019 to the current $550,000 as of 2022, echoing the rapid growth of the 'City of the Future'.
With a HouGarden AVM of $542,500, the latest sale history showcases a transaction at $550,000 in 2024, following a previous sale at $426,500 in 2022. These numbers are a testament to the property's consistent appeal and investment potential.
For families with school-aged children, the property falls within the catchment area of several esteemed institutions. Middleton Grange School rates a high decile 9, Hillview Christian School a decile 7, while Christchurch Adventist School stands at a decile 5. Other schools in the zone include Christchurch East School, Hagley Community College, Marian College, and Te Aratai College, catering to various educational needs and levels.
Updated on November 07, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
0.07 km | 1 | 1 | 40m2 | Year 2024 Month 11 Day 27 | $326,000 | Council approved | ||
 | 0.07 km | 1 | 1 | 40m2 | Year 2024 Month 10 Day 11 | $350,000 | Council approved | |
 | 0.11 km | 3 | 118m2 | Year 2024 Month 09 Day 25 | $680,000 | Council approved | ||
 | 0.06 km | 1 | 1 | 36m2 | Year 2024 Month 08 Day 18 | $325,000 | Council approved | |
 | 0.05 km | 2 | 1 | 74m2 | Year 2024 Month 07 Day 31 | $565,000 | Council approved |