Nestled in the serene Saint Albans, Christchurch, at 4/444 Madras Street, this residential ownership home unit boasts 2 bedrooms, 1 bathroom, and a single carpark. Constructed in 1960 with brick walls and an iron roof, the property sits on a level contour with average wall and roof conditions. It is under a Cross-Lease ownership type and has a floor area of 70 square meters.
As per the property's valuation, the Capital Value (CV) has seen a significant increase from $285,000 in August 2019 to $420,000 in August 2022, reflecting a growth of 47.37%. The HouGarden AVM estimates the property's value at $382,500. The latest sale history includes a transaction on October 22, 2024, for $440,500, and a previous one on February 6, 2019, for $289,000.
For families with school-aged children, the property falls within the catchment area of several reputable schools. Middleton Grange School (Years 11-13) is a composite school with a decile rating of 9. Emmanuel Christian School caters to Year 1-10 with a decile rating of 8. Other schools in the zone include Christchurch Adventist School (decile 5), Mairehau High School (Year 9-15, decile 4), Christchurch East School (Full Primary, decile 3), Hagley Community College (Year 9-15, decile 6), and Marian College (Year 9-15, decile 8).
Updated on December 11, 2024