2/38 Meadow Street, Papanui, Christchurch

Nestled in a serene environment at 2/38 Meadow Street, Papanui, Christchurch, this residential dwelling boasts a charming presence with its wooden exterior walls and tiled roof, constructed in the year 1950. Offering 2 bedrooms, a single carpark, and a generous floor area of 120 square meters, this property is held under a Cross-Lease ownership type.

With a current Capital Value (CV) of $550,000 as of August 2022, the property has shown a remarkable increase of 37.5% from its previous CV of $400,000 in August 2019. The HouGarden AVM estimates the property's value at $542,500, while the latest sale history records a transaction at $610,000 on October 15, 2024, a significant leap from the $116,000 sale in May 1994.

For families with school-aged children, the property falls within a highly sought-after school zone. Christ the King School is a Full Primary with a decile rating of 8, while Heaton Normal Intermediate and Villa Maria College, both with a decile rating of 9, cater to intermediate and secondary students respectively. Other notable schools in the area include Middleton Grange School, Emmanuel Christian School, and St Joseph's School, each offering a high-quality education.

Updated on November 20, 2024