5 Sowerby Place, Richmond Hill, Christchurch

Nestled at 5 Sowerby Place, Richmond Hill, Christchurch, this Residential - Dwelling is a 3-bedroom haven that stands on a Freehold title. Constructed in 2021 with wood walls and an iron roof, both in good condition, this property is designed for sustainable living with its energy-efficient features, including a heat pump and heavily insulated envelope. The 164sqm floor area is complemented by a 920sqm section with an easy/moderate rise contour, offering a serene and private setting.

With a Capital Value (CV) that has seen a remarkable increase of 57.63% from $830,000 in August 2019 to $1,300,000 in August 2022, and a HouGarden AVM of $1,210,000, the property's latest sale history is marked at $1,350,000 in April 2024, a significant jump from the previous sale of $270,000 in January 2019. This is a clear indicator of the property's growing value and investment potential.

For families with children, the property falls within the catchment area of several high-performing schools, including Sumner School (Decile 10), Middleton Grange School (Decile 9), and Marian College (Decile 8), ensuring access to quality education. The proximity to these educational institutions adds to the appeal of this coastal haven.

Updated on May 08, 2024