Nestled in the serene Lyttelton, Christchurch, 16 Ripon Street stands as a charming residential dwelling on a freehold site. Constructed in 1920 with wood walls and an iron roof, this 84sqm home with a floor area of 84sqm and a land area of 561sqm, boasts 2 bedrooms and 1 bathroom. The property, with a fair condition for both walls and roof, is situated on an easy/moderate rise contour. The absence of car parks adds to the tranquility of this quiet cul-de-sac.
As for the financials, the capital value has seen a rapid increase from $355,000 in August 2019 to $530,000 in August 2022, indicating a growth of 49.30%. The HouGarden AVM estimates the property at $510,000, while the latest sale on March 6, 2024, was at $460,000.
For families with children, the property falls within the zones of several esteemed schools. Middleton Grange School (Years 11-13) and Lyttelton Primary School both have a decile rating of 9, Hillview Christian School stands at a decile of 7, Marian College at 8, while Christchurch Adventist School and Te Aratai College (Year 7&8) are rated at 5 and 3 respectively.
Updated on April 11, 2024