3/92 Milton Street, Somerfield, Christchurch

Located at 3/92 Milton Street, Somerfield, Christchurch, this residential property stands as a testament to modern living in a serene environment. The property, categorized under 'Residential - Ownership home units', features a floor area of 70 square meters and a land area of 126 square meters. It boasts a freehold ownership type, ensuring long-term security and peace of mind for the owners. The building, constructed in 2024, showcases mixed materials for its walls and an iron roof, both in good condition, reflecting a blend of durability and aesthetic appeal. The property is designed with a level contour, accommodating 1 bathroom and 1 carpark, making it an ideal choice for individuals or small families seeking a comfortable living space.

The financial aspect of this property is highlighted by its capital value history and market performance. As of August 1, 2022, the government's valuation (CV) stood at $590,000. However, a recent sale on March 7, 2024, saw the property fetching $614,000, indicating a positive market response and an upward trend in its value. Additionally, the HouGarden AVM estimates the property's value at $562,500, further showcasing its potential for growth and investment opportunities.

While specific details regarding the school zone and decile rating are not provided, the property's location in Somerfield, Christchurch, suggests proximity to reputable educational institutions, making it a desirable option for families prioritizing quality education for their children.

Updated on April 04, 2024.