1/50 Chipping Lane, Redwood, Christchurch

Located at 1/50 Chipping Lane, Redwood, Christchurch, this sunny and stylish home is a gem in the heart of the city. With 3 bedrooms, 1 bathroom, and parking for 1 car, this property spans a floor area of 100m². Constructed in 1977, the home boasts concrete walls in good condition and a tile roof also in good condition. It's a Cross-Lease property categorized under Residential - Ownership home units. The level property contour adds to its charm, making it a perfect blend of comfort and convenience.

The property has seen a significant increase in capital value, from $360,000 in August 2019 to $520,000 in August 2022, marking a 44.44% growth. The HouGarden AVM estimates its value at $500,000, while the latest sale on January 20, 2024, was at $485,000, up from $370,000 back on August 11, 2015. This steady growth in value highlights its desirability and the potential for further appreciation.

Education is a priority, and this home is zoned for several high-decile schools, including Christ the King School (Christchurch) and Villa Maria College, both with a decile of 9. Other notable schools in the vicinity include Middleton Grange School (Years 11 - 13), Emmanuel Christian School, and Papanui High School, ensuring a range of quality education options for families.

Updated on April 06, 2024.