2 Newbridge Place, Ilam, Christchurch

Nestled in the serene 2 Newbridge Place, Ilam, Christchurch, this residential ownership home unit boasts 2 bedrooms, 1 bathroom, and a single carpark. Constructed in 1960 with concrete walls and tiled roofing, the property sits on a level contour with average wall and roof conditions. It has a floor area of 89 square meters and is under a Cross-Lease ownership type.

As per the valuation records, the Capital Value (CV) has seen a rapid increase from $390,000 in August 2019 to $540,000 in August 2022, marking a growth of 38.46%. The HouGarden AVM estimates the property's worth at $542,500, closely matching the latest sale price of $545,000 on August 22, 2024.

For families with school-going children, the property falls within the zone of several reputable schools. Ilam School is a Contributing school with a decile rating of 6. Other options include St Patrick's School (Bryndwr) with a decile of 10, Villa Maria College at 9, and Kirkwood Intermediate at 7. Additionally, St Thomas of Canterbury College, Riccarton High School, Middleton Grange School, Christchurch Adventist School, and Hagley Community College are all within reach, catering to various educational needs.

Updated on September 18, 2024