Nestled at 7 Penrith Avenue, Somerfield, Christchurch, this charming residential dwelling on a freehold title was built in 1940. It boasts 3 bedrooms, 1 bathroom, a single carpark, and a floor area of 107 square meters on a levelled land area of 607 square meters. The home features wooden walls and an iron roof in average condition, and it has been thoughtfully updated to include modern amenities such as ceiling, wall, and underfloor insulation, a moisture barrier, under tile heating in the ensuite, a home ventilation system, and three heat pumps for year-round comfort.
With a current Capital Value (CV) of $780,000 as of August 2022, this property has shown a remarkable CV increase of 50% since August 2019. The HouGarden AVM estimates the property's value at $725,000, while the latest sale history includes transactions at $505,000 in 2015 and $450,000 in 2013. This indicates a consistent and impressive growth in the property's value.
For families with school-aged children, this property is zoned for the highly sought-after Somerfield Primary, Christchurch South Karamata Intermediate, and Cashmere High School, all with high decile ratings. Other nearby schools include Villa Maria College, St Thomas of Canterbury College, Middleton Grange School, Hillview Christian School, Christchurch Adventist School, and Hagley Community College, offering a range of educational options.
Updated on June 07, 2024
Wāhi Tiriti | Tawhiti | Tau Rūma Moe | Tau Rūma Horoi | Rohe Whare | Wā Hokona | Utu Hokona | Pūtake Raraunga | |
|---|---|---|---|---|---|---|---|---|
 | 0.28 km | 3 | 1 | -m2 | 2024 05 14 | $825,000 | Council approved | |
0.13 km | 3 | 1 | 104m2 | 2024 05 02 | $655,000 | Council approved | ||
0.24 km | 3 | 1 | 86m2 | 2024 01 30 | $615,000 | Council approved | ||
0.02 km | 3 | 149m2 | 2024 01 24 | $745,000 | Council approved | |||
 | 0.16 km | 2 | 1 | 85m2 | 2024 01 19 | $665,000 | Council approved |