Nestled at 4 Chedworth Avenue, Bishopdale, Christchurch, this freehold property is a Residential - Dwelling with a rich history. Built in 1960, the house boasts 5 bedrooms, a carpark, 180 square meters of floor area, and is set on a spacious 844 square meter plot. The exterior walls are made of concrete in good condition, while the roof is constructed of iron, also in good condition. This property presents an opportunity for creativity, with potential for updates or even dividing into two units for a dual income. The current Capital Value (CV) as of August 2022 is $730,000, showing a significant increase of 44.55% from the CV in August 2019 of $505,000. The HouGarden AVM estimates the property's value at $725,000.
With a CV growth rate that outpaces the market average, this property has a history of recent sales and a promising investment outlook. The AVM estimate and the CV increase reflect the property's rising value and potential for further growth.
For families, the property falls within a desirable school zone. It is close to several high-performing schools such as Cotswold Matahae School (Decile 8), Breens Intermediate (Decile 7), Christ the King School (Decile 8), and St Patrick's School (Decile 10), among others. This makes it an ideal choice for those seeking quality education for their children.
Updated on November 28, 2024