156 Richardson Terrace, Woolston, Christchurch

This delightful residence located at 156 Richardson Terrace, Woolston, Christchurch, encapsulates the perfect blend of classic charm and modern conveniences. Built in 1930, the property features three spacious double bedrooms, complemented by a sleepout at the rear, offering additional space for guests or a home office. The house is constructed with brick walls and an iron roof, both in good condition, ensuring durability and timeless appeal. The property spans a generous land area of 1065 square meters with a floor area of 163 square meters, boasting easy/moderate rise contour. Ownership is freehold, providing complete control over this beautiful piece of land.

The property has seen a significant increase in capital value, from $530,000 in August 2019 to $1,020,000 in August 2022, marking an impressive 92.45% growth. The HouGarden AVM estimates the property's value at $1,005,000. Historical sales data reveals a steady appreciation in value, with sales recorded at $195,500 in March 2000 and $415,000 in July 2009. This trend underscores the property's excellent investment potential and desirability.

Located in a sought-after school zone, the property offers access to a range of educational institutions, including Opawa Primary School, Middleton Grange School (Years 11 - 13) with a decile rating of 9, Hillview Christian School and Christchurch Adventist School with deciles of 7 and 5 respectively, among others. This makes it an ideal home for families seeking quality education for their children. The serene setting near the Heathcote River, combined with the convenience of being just a short stroll from Opawa Village and a 4-minute drive to New World Woolston, adds to the property's allure.

Updated on March 22, 2024