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Sold: $609,000

Sold on 2024 Year 2024 Month 04 Day 09

2/128 Tancred Street, Linwood, Christchurch

2
1
93m2
136m2

Nestled in the tranquility of a quiet cul-de-sac at 2/128 Tancred Street, Linwood, Christchurch, this residential ownership home unit boasts a freehold title. The property features 2 bedrooms, 1 bathroom, and a single carpark, spread across a floor area of 93 square meters on a level plot of 136 square meters. Constructed with a mix of materials for the walls and iron for the roof, this 2024-built home is in good condition both inside and out. The capital value as of August 2022 is $570,000, reflecting a promising investment in a rapidly appreciating property market.

History shows a consistent rise in the property's value, with the latest sale on April 9, 2024, fetching $609,000. This marks a substantial increase from the government's valuation, further supported by the HouGarden AVM, indicating a strong capital value growth percentage. The property's allure is enhanced by its solid construction and well-maintained condition, making it an attractive prospect for potential buyers.

For families with children, the property falls within a highly sought-after school zone. The local schools boast impressive decile ratings, ensuring access to quality education. This combination of a desirable location, a strong property value growth history, and a reputable school network makes this property an excellent choice for both investors and families.

Updated on May 01, 2024

Council Data

Last update : 2024 12 11
Improvement value$370,000
Land value$200,000
CV(Year 2022 Month 08)$570,000
DeckYes
View typeNo appreciable view
ContourLevel
Land area136m²
Floor area93m²
Decade of construction2024
Title1164417
Type of titleFreehold
Legal descriptionLOTS 20,21 DP 599313
CouncilChristchurch
Estate descriptionFSIM,1/1,LOT 21 DEPOSITED PLAN 599313,672m2
ConstructionExternal Walls: Mixed Materials
Roof: Iron
ConditionExternal Walls: Good
Roof: Good
ZoningResidential Suburban Density Transition

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Whītau School
0.72 km
Primary
1-6
Government
Co-Educational
EQI: 513
2
Linwood Avenue School
1.02 km
Primary
1-6
Government
Co-Educational
EQI: 511
2
Te Aratai College
1.17 km
Secondary
7-15
Government
Co-Educational
EQI: 518
3
Christchurch East School
1.58 km
Primary
1-8
Government
Co-Educational
EQI: 467
3
Pareawa Banks Avenue School
1.76 km
Primary
1-6
Government
Co-Educational
EQI: 463
4
Bromley School
1.84 km
Primary
1-6
Government
Co-Educational
EQI: 515
3
Catholic Cathedral College
2.03 km
Secondary
7-15
Government
Co-Educational
EQI: 456
4
Te Waka Unua School
2.04 km
Primary
1-8
Government
Co-Educational
EQI: 512
2
Marian College
2.15 km
Secondary
9-15
Government
Single Sex-Girls
EQI: 434
8
Te Oraka
2.21 km
Secondary
7-8
Government
Co-Educational
EQI: 514
4

Property history

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For developers

Unitary plan:Residential Suburban Density Transition
Land:136m²
Title:Freehold

Surrounding facilities

Tancred Street Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
149 Tancred Street, Linwood
0.09 km
3
2
-m2
Year 2024 Month 11 Day 22
$695,000
Council approved
25 Rochester Street, Linwood
0.12 km
3
1
130m2
Year 2024 Month 08 Day 28
-
Council approved
1/141 Tancred Street, Linwood
0.09 km
2
120m2
Year 2024 Month 08 Day 06
$540,000
Council approved
9/132 Tancred Street, Linwood
0.03 km
2
1
-m2
Year 2024 Month 07 Day 03
-
Council approved
0.07 km
3
133m2
Year 2024 Month 06 Day 25
$695,000
Council approved

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