4/402 Gloucester Street, Linwood, Christchurch

Located at 4/402 Gloucester Street, Linwood, Christchurch, this residential property features a sunny and spacious lounge, a functional kitchen with space for a washing machine, and a good-sized bedroom with a built-in wardrobe. The ensuite bathroom includes a separate shower, hand basin, and toilet. Notably, the unit is situated close to Eastgate Mall, buses, and CPIT, offering off-street parking. The interior boasts brown carpet that is only 1 year old, and a fridge is provided. The property, built in 1960, has brick walls in good condition and an iron roof also in good condition. It spans a floor area of 40 square meters on a level contour, under a Cross-Lease ownership type.

The capital value of the property has seen a significant increase, from $155,000 in August 2019 to $280,000 in August 2022, marking an 80.65% growth. The latest sale was recorded on January 23, 2024, for $260,000, following a previous sale on October 11, 2007, for $133,000. The HouGarden AVM estimates the property's value at $270,000.

The property is zoned for several schools, including Middleton Grange School (Years 11 - 13) with a decile rating of 9, Hillview Christian School and Christchurch Adventist School with decile ratings of 7 and 5 respectively, Christchurch East School (decile 3), Hagley Community College (decile 6), Marian College (decile 8), and Te Aratai College (Year 7&8) with a decile rating of 3.

Updated on April 06, 2024.