Nestled in a serene cul-de-sac at 2/394 Armagh Street, Linwood, Christchurch, this residential ownership home unit boasts 2 bedrooms, 1 bathroom, and a single carpark. Constructed in 1960 with concrete walls and tiled roofing, the property sits on a level contour with average wall and roof conditions. It is a cross-lease with a floor area of 60 square meters.
As per the property's financials, the capital value has seen a substantial increase from $185,000 in August 2019 to $315,000 in August 2022, reflecting a growth rate of 70.27%. The HouGarden AVM estimates the property's value at $305,000. The latest sale history includes transactions at $300,000 in September 2024 and $190,000 in November 2017.
For families with school-aged children, the property falls within the catchment area of several reputable schools. Middleton Grange School, catering to Years 11-13, is a composite school with a decile rating of 9. 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 (secondary, decile 3).
Updated on October 09, 2024