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1/125 Prestons Road, Redwood, Christchurch, 3 Bedrooms, 0 Bathrooms, House

Sold: Sold price unknown

Sold on 2024 Year 2024 Month 10 Day 25

1/125 Prestons Road, Redwood, Christchurch

3
110m2

Nestled in the heart of Redwood, Christchurch, this delightful townhouse at 1/125 Prestons Road is a gem for first-time buyers, investors, or those looking to downsize. Constructed in 1979 with concrete walls and tiled roofing, this 110sqm residential unit exudes a sense of solid, well-maintained living. It boasts 3 bedrooms, a modernized bathroom with both bath and shower, and a separate toilet for convenience. The open-plan kitchen and dining area flow into a spacious lounge, while additional features include a single garage, separate laundry, and a water filter system. The property sits on a level contour and is located in a quiet cul-de-sac, making it a serene retreat. The capital value has seen a staggering increase of 51.6% from $310,000 in 2019 to $470,000 in 2022, with a HouGarden AVM estimate of $465,000. The latest sale history shows a sale price of $516,000 in 2020 and $290,000 in 2015, indicating a robust market trend. Educationally, the property falls within the zones of esteemed schools such as Christ the King School (Decile 8) and Villa Maria College (Decile 9), ensuring quality education for the family.

Updated on November 06, 2024

Council Data

Last update : 2024 12 11
Improvement value$265,000Increased by 49% from year 2019
Land value$205,000Increased by 54% from year 2019
CV(Year 2022 Month 08)$470,000Increased by 51% from year 2019
View typeNo appreciable view
ContourLevel
Floor area110m²
Decade of construction1979
TitleCB19A/1364
Type of titleCross-Lease
Legal descriptionFLAT 1 DP 41985 ON LOT 42 DP 37577 HAVING SHARE IN 621 M2
CouncilChristchurch
Estate descriptionFSIM,1/2,FLAT 1 DEPOSITED PLAN 41985
ConstructionExternal Walls: Concrete
Roof: Tiles
ConditionExternal Walls: Good
Roof: Good
ZoningResidential Suburban

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Redwood School (Christchurch)
0.56 km
Primary
1-6
Government
Co-Educational
EQI: 436
8
St Joseph's School (Papanui)
1.99 km
Primary
1-8
Government
Co-Educational
EQI: 392
9
Casebrook Intermediate
2.19 km
Secondary
7-8
Government
Co-Educational
EQI: 461
6
Papanui High School
2.59 km
Secondary
9-15
Government
Co-Educational
EQI: 462
7
Christchurch Adventist School
3.10 km
Combined
1-13
Government
Co-Educational
EQI: 438
5
Emmanuel Christian School
3.31 km
Combined
1-10
Government
Co-Educational
EQI: 419
8
Christ The King School (Burnside)
5.74 km
Primary
1-8
Government
Co-Educational
EQI: 370
8
Te Puna Wai o Waipapa - Hagley College
7.03 km
Secondary
9-15
Government
Co-Educational
EQI: 472
6
Marian College
7.35 km
Secondary
9-15
Government
Single Sex-Girls
EQI: 434
8
Villa Maria College
7.79 km
Secondary
7-15
Government
Single Sex-Girls
EQI: 407
9
Middleton Grange School
8.09 km
Combined
1-13
Government
Co-Educational
EQI: 406
9

Property history

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For developers

Unitary plan:Residential Suburban
Land:-
Title:Cross-Lease

Surrounding facilities

Prestons Road Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
23 Cherrywood Place, Redwood
0.15 km
5
2
280m2
Year 2024 Month 11 Day 07
-
Council approved
45 Dunbarton Street, Redwood
0.28 km
3
160m2
Year 2024 Month 10 Day 31
$721,500
Council approved
20 Cherrywood Place, Redwood
0.15 km
4
230m2
Year 2024 Month 09 Day 26
$850,000
Council approved
1/131 Prestons Road, Redwood
0.29 km
3
160m2
Year 2024 Month 09 Day 18
$691,000
Council approved
2B Wakelin Place, Redwood
0.17 km
2
1
120m2
Year 2024 Month 07 Day 26
-
Council approved

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