124 properties · Letts Gully, Alexandra

Letts Gully Road, Letts Gully

Letts Gully Road in Letts Gully has 124 properties, valued by the council between $460,000 and $3,140,000 with a median of $1,115,000 (Letts Gully: $1,110,000). More of its homes were built in the 2000s than in any other decade. We estimate its homes at a median $1,200,000. 7 sold in the last twelve months, for a median $1,230,000. The highest sale in 2026 was 160A Letts Gully Road, at $1,530,000.

$1.11mmedian council valuation
$1.2mour median estimate
$1.23mmedian sale, last 12 months · 7 sales
2000median year built
AlexandraLetts Gully ×Letts Gully Road ×

124 properties on Letts Gully Road, Letts Gully

Highest and lowest on Letts Gully Road

Highest-valued home340 Letts Gully Road$3,140,000council valuation · 5 bed · 477 m² floor · 15.8 ha land
Lowest-valued home24 Letts Gully Road$460,000council valuation · 3 bed · 160 m² floor · 1,047 m² land
Highest sale in 2026160A Letts Gully Road$1,530,000sold 26 Jan 2026 · 4 bed · 367 m² floor · 19,305 m² land

Property values on Letts Gully Road

The council values Letts Gully Road's 114 rated properties between $460,000 and $3,140,000. The middle half sit between about $772,000 and $1,419,500; the median is $1,115,000 and the mean $1,136,491.

Lowest: $460k$460kLowest10%: $540k20%: $642k20%30%: $902k40%: $1.01m40%Median: $1.11m60%: $1.22m60%70%: $1.34m80%: $1.5m80%90%: $1.67mHighest: $3.14m$3.14mHighest
BedroomsHomesMedian council valueSold, last 12 monthsMedian sale
11$480k0—
26$580k1—
339$1.0m2—
440$1.41m3$1.25m
5+8$1.48m1—

Council rating valuations: the council's figure for apportioning rates, not a market appraisal.

Letts Gully Road compared with Letts Gully

Letts Gully Road's median council value is about the same as Letts Gully's.

Letts Gully RoadLetts GullyAlexandra
Median council value$1.11m$1.11m$770k
Median sale, last 12 months$1.23m$1.1m$768k
Sold in the last 12 months5.6%5.2%5.1%
Time between sales5.4 yrs5.8 yrs7.7 yrs
Median section20,310 m²20,260 m²936 m²
Median year built200020001980
Council value per m² of floor$7k$7k$5k

Letts Gully Road house prices over time

Median sale price by year; 2026 is the year so far. A year with fewer than two sales has no bar.

2016: $470k (13 sales)$470k20162017: $293k (11 sales)2018: $543k (12 sales)20182019: $707k (9 sales)2020: $707k (14 sales)20202021: $883k (12 sales)2022: $700k (4 sales)20222023: $1.05m (7 sales)2024: $933k (4 sales)20242025: $970k (3 sales)2026: $1.24m (6 sales, this year so far)$1.24m2026
Sales by year as a table
YearSalesMedian pricePer m² floor
20266$1,240,000$6,242
20253$970,000$8,791
20244$932,500$6,789
20237$1,050,000$5,517
20224$700,000$6,173
202112$882,500$6,204
202014$706,750$4,443
20199$707,000$4,333
201812$542,500$3,680
201711$293,000$3,500
201613$470,000$2,737

Recent sales on Letts Gully Road

The homes on Letts Gully Road

Letts Gully Road has 116 houses and 8 sections. More were built in the 2000s than in any other decade (21%).

1910s: 1 (1 home)11930s: 1 (1 home)1930s1950s: 10 (10 homes)1960s: 5 (5 homes)1960s1970s: 7 (7 homes)1980s: 13 (13 homes)1980s1990s: 10 (10 homes)2000s: 21 (21 homes)212000s2010s: 21 (21 homes)2020s: 12 (12 homes)122020s

How long owners stay on Letts Gully Road

Homes on Letts Gully Road that resold in the last five years had been held a median 5.4 years (Letts Gully: 5.8 years).

Time between a home's sales, for 24 resales in the last five years. A home not sold since our records begin is not counted, so owners who stay longest are under-represented.

Building and resource consents on Letts Gully Road

33building consents in the last 5 years
  • 282 Letts Gully Road1 Jul 2026 · Building consentRbw - construction of a single-storey detached dwg comprising master bdrm with ensuite, 2 bedrooms, 1 bath, 1 wc, & internal gge, a solid fuel heater, on-site wastewater system & stormwa
  • 300 Letts Gully Road1 Jul 2026 · Building consentNew freestanding metro mega rad fireplace
  • 249 Letts Gully Road1 Jul 2026 · Building consentNew freestanding fireplace housing - detached
  • 14 Letts Gully Road1 May 2026 · Building consentNew septic tank & disposal field. New woodsman Brunner mk outbuildings
  • 67 Letts Gully Road1 Apr 2026 · Building consentConstruction of dwg - relocate prefabricated building, foundations & services only

More streets in Letts Gully

Every street in Letts Gully, and the suburb's house prices and sales.

Sales and valuations as at 11 September 2026, from council and LINZ records. Medians resting on fewer than 3 sales are not shown.