Nestled in the tranquility of a quiet cul-de-sac at 2/5 Chokebore Place, Sockburn, Christchurch, this residential ownership home unit boasts 2 bedrooms, a single carpark, and a floor area of 150 square meters. Constructed in 1980 with sturdy brick walls and an iron roof, both in good condition, this cross-lease property sits on a level contour. The capital value has seen a significant increase of 20.41% from $490,000 in 2019 to $590,000 as of 2022, with a HouGarden AVM estimate of $537,500. The latest sale history shows a transaction at $585,000 in 2024, a substantial rise from the $250,000 sale in 2016.
With regards to the government's valuation, the property has demonstrated strong growth potential. The recent capital value increase is a testament to the investment appeal of this property. The HouGarden AVM provides a current market estimate, reflecting the property's continuous rise in value.
For families with school-aged children, the property falls within the zones of several reputable schools. Avonhead School is a full primary with a decile rating of 7. Other secondary options include Villa Maria College (decile 9), St Thomas of Canterbury College (decile 8), and Riccarton High School (decile 6). Middleton Grange School and Christchurch Adventist School offer composite education, with decile ratings of 9 and 5 respectively, while Hagley Community College provides secondary education with a decile rating of 6.
Updated on December 18, 2024