50a Winchester Street, Merivale, Christchurch

Located at 50a Winchester Street, Merivale, Christchurch, this residential property boasts a freehold ownership type with a floor area of 167 square meters and a land area of 260 square meters. Constructed in 2007, the house features three bedrooms, a spacious open-plan living area, and a double garage. The exterior is finished with roughcast walls and an iron roof, both in mixed condition. The property is level and designed for easy living, with double glazing, a heat pump for year-round comfort, and reticulated gas for endless hot water.

Since its last government valuation in August 2018 of $530,000, the property's capital value has increased by approximately 50.94% to $800,000 as of August 2021. The HouGarden AVM estimates its value at $790,000. The property has seen significant interest, with the latest sale on January 22, 2024, fetching $1,200,000, up from $800,000 on February 23, 2022. This demonstrates a robust growth in value and desirability.

The property is zoned for some of Christchurch's most sought-after schools, including Elmwood School, Heaton Intermediate, Christchurch Boys' and Christchurch Girls' High Schools, all offering high decile ratings. This, combined with its proximity to Merivale's vibrant bars, cafes, and boutique shops, makes it an ideal choice for families seeking quality education and lifestyle.