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Sold: $450,000

Sold on 2024 Year 2024 Month 11 Day 13

4/557 Gloucester Street, Linwood, Christchurch

3
1
85m2

Nestled in a serene cul-de-sac at 4/557 Gloucester Street, Linwood, Christchurch, this residential ownership home unit boasts 3 bedrooms, 1 bathroom, and a single carpark. Constructed in 1976 with concrete walls and tiled roofing, both the walls and roof are in good condition. The property sits on a level contour and has a floor area of 85 square meters. It is registered under a Cross-Lease title.

As per the government valuation, the capital value has seen a significant increase from $250,000 in August 2019 to $395,000 in August 2022, marking a growth of 58%. The HouGarden AVM estimates the property's value at $362,500. The latest sale records show transactions at $450,000 in November 2024 and $200,500 in September 2010.

For families with school-aged children, the property falls within the catchment area of several schools. Middleton Grange School (Years 11-13) is a composite school with a decile rating of 9. Hillview Christian School has a decile rating of 7, while Linwood North School stands at a decile rating of 2. Other nearby schools include Christchurch Adventist School (decile 5), Hagley Community College (decile 6), Marian College (decile 8), and Te Aratai College (Year 7&8) with a decile rating of 3.

Updated on December 18, 2024

Council Data

Last update : 2025 02 05
Improvement value$190,000Increased by 39% from year 2019
Land value$205,000Increased by 79% from year 2019
CV(Year 2022 Month 08)$395,000Increased by 57% from year 2019
DeckYes
View typeNo appreciable view
ContourLevel
Floor area85m²
Decade of construction1976
TitleCB16F/1435
Type of titleCross-Lease
Legal descriptionFLAT 4 DP 38485 ON LOT 218 DP 420 HAVING SHARE IN 1012 M2
CouncilChristchurch
Estate descriptionFSIM,1/4,LOT 218 DEPOSITED PLAN 420,1011m2
ConstructionExternal Walls: Concrete
Roof: Tiles
ConditionExternal Walls: Good
Roof: Good
ZoningResidential Medium Density

Similar Properties

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Te Aratai College
1.00 km
Secondary
7-15
Government
Co-Educational
EQI: 518
3
Whītau School
1.01 km
Primary
1-6
Government
Co-Educational
EQI: 513
2
Marian College
1.86 km
Secondary
9-15
Government
Single Sex-Girls
EQI: 434
8
Hillview Christian School
3.09 km
Combined
1-13
Government
Co-Educational
EQI: 421
7
Te Puna Wai o Waipapa - Hagley College
3.49 km
Secondary
9-15
Government
Co-Educational
EQI: 472
6
Christchurch Adventist School
5.48 km
Combined
1-13
Government
Co-Educational
EQI: 438
5
Middleton Grange School
7.17 km
Combined
1-13
Government
Co-Educational
EQI: 406
9

Property history

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For developers

Unitary plan:Residential Medium Density
Land:-
Title:Cross-Lease

Surrounding facilities

Gloucester Street Neighborhood and Surrounding Data

Mortgage

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