Nestled in the tranquility of a quiet cul-de-sac at 1/189a England Street, Linwood, Christchurch, this residential ownership home unit boasts a freehold title. The property features 2 bedrooms, 1 bathroom, and a single carpark, all set on a level contour with a floor area of 86 square meters and a land area of 131 square meters. Constructed with mixed materials for the walls and iron for the roof, this 2024-built home is in good condition both inside and out. The capital value as of August 2022 is $615,000, reflecting a solid investment in a growing property market.
History shows a consistent rise in value, with the latest sale on July 15, 2024, fetching $550,000, and a HouGarden AVM estimate of $597,500. The capital value growth percentage is a testament to the property's increasing worth and potential as a long-term investment.
For families with children, the school zone is a significant draw, with highly-rated institutions that promise a quality education. The decile scores of the schools in the area are a clear indicator of the high standards of education on offer.
Updated on August 28, 2024