5/487 Hereford Street, Linwood, Christchurch

Nestled in a serene cul-de-sac at 5/487 Hereford Street, Linwood, Christchurch, this residential ownership home unit boasts 2 bedrooms, a single carpark, and a generous floor area of 120 square meters. Constructed in 1996, the property features roughcast walls and an iron roof, both in average condition. It sits on a level contour and is held under a Cross-Lease title.

As for the financials, the capital value has seen a substantial increase from $310,000 in August 2019 to $465,000 in August 2022, reflecting a 50% growth. The HouGarden AVM estimates the property's worth at $432,500. Notably, the latest sale was recorded on May 2, 2024, at $280,000, following a previous sale in April 2002 at $141,000.

For families with school-aged children, the property falls within the catchment area of several reputable schools. Middleton Grange School, a composite school with a decile rating of 9, caters to Years 11-13. Other schools in the zone include Hillview Christian School (decile 7), Christchurch Adventist School (decile 5), Christchurch East School (a full primary with decile 3), Hagley Community College (secondary, decile 6), Marian College (secondary, decile 8), and Te Aratai College for Years 7 & 8 (decile 3).

Updated on May 22, 2024