9 properties · Elgin, Ashburton

River Road, Elgin

River Road in Elgin has 9 properties, valued by the council between $580,000 and $1,190,000 with a median of $770,000 (Elgin: $720,000). More of its homes were built in the 1950s than in any other decade. We estimate its homes at a median $823,000. 1 sold in the last twelve months.

$770kmedian council valuation
$823kour median estimate
1sold in the last 12 months
1970median year built

Highest and lowest on River Road

Highest-valued home18 River Road$1,190,000council valuation · 4 bed · 291 m² floor · 89,537 m² land
Lowest-valued home224 River Road$580,000council valuation · 3 bed · 140 m² floor · 25,444 m² land
Highest sale, last 12 months18 River Road$1,460,000sold 30 Sept 2025 · 4 bed · 291 m² floor · 89,537 m² land

Property values on River Road

The council values River Road's 7 rated properties between $580,000 and $1,190,000. The middle half sit between about $690,000 and $830,000; the median is $770,000 and the mean $797,143.

Lowest: $580k$580kLowest10%: $628k20%: $672k20%30%: $708k40%: $740k40%Median: $770k60%: $800k60%70%: $824k80%: $836k80%90%: $980kHighest: $1.19m$1.19mHighest
BedroomsHomesMedian council valueSold, last 12 monthsMedian sale
21$660k0—
33$820k0—
43$770k1—

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

River Road compared with Elgin

River Road's median council value is 7% above Elgin's.

River RoadElginAshburton
Median council value$770k$720k$530k
Sold in the last 12 months11.1%15.4%4.9%
Median section48,230 m²4,000 m²831 m²
Median year built197020001970
Council value per m² of floor$5k$4k$4k

Recent sales on River Road

  • 18 River Road$1,460,00030 Sept 2025 · 4 bed · 291 m² floor · 89,537 m² land
  • 224 River Road$480,00024 Dec 2020 · 3 bed · 140 m² floor · 25,444 m² land
  • 218 River Road$200,0001 Jul 2019 · 2 bed · 80 m² floor · 48,230 m² land
  • 230 River Road$385,0001 Aug 2015 · 3 bed · 156 m² floor · 10,446 m² land
  • 48 River Road$360,00018 Mar 2005 · 3 bed · 160 m² floor · 80,937 m² land
  • 230 River Road$135,00020 Jun 2003 · 3 bed · 156 m² floor · 10,446 m² land
  • 48 River Road$210,0009 Jun 2001 · 3 bed · 160 m² floor · 80,937 m² land
  • 230 River Road$90,00026 Nov 1992 · 3 bed · 156 m² floor · 10,446 m² land
  • 13 River Road$77,62511 Jul 1991 · 4 bed · 160 m² floor · 76,510 m² land
  • 13 River Road$50,00023 Sept 1987 · 4 bed · 160 m² floor · 76,510 m² land
  • 48 River Road$95,00021 Oct 1985 · 3 bed · 160 m² floor · 80,937 m² land
  • 13 River Road$56,50029 Apr 1985 · 4 bed · 160 m² floor · 76,510 m² land
  • 18 River Road$65,00023 Jan 1984 · 4 bed · 291 m² floor · 89,537 m² land
  • 18 River Road$55,0008 Aug 1983 · 4 bed · 291 m² floor · 89,537 m² land
  • 18 River Road$48,00015 Jul 1981 · 4 bed · 291 m² floor · 89,537 m² land

The homes on River Road

River Road has 9 houses. More were built in the 1950s than in any other decade (29%).

1930s: 1 (1 home)11930s1950s: 2 (2 homes)21950s1970s: 1 (1 home)1970s1980s: 1 (1 home)1980s2010s: 1 (1 home)2010s2020s: 1 (1 home)12020s

Building and resource consents on River Road

5resource consents in the last 5 years
  • 236 River Road24 Jun 2024 · Resource consentTo take and use groundwater
  • 13 River Road4 Apr 2024 · Resource consentLand use consent at 13 River Road, Elgin to address the non-compliances associated with the establishment of a new telecommunications facility, zoned Rural B.
  • 236 River Road7 Sept 2023 · Resource consents127 Application to vary conditions 1 of LUC23/0040 land use consent at 282 River Road, Ashburton, to erect a building which exceeds maximum floor area (500m2), with flood hazard and site coverage rel
  • 236 River Road19 Jun 2023 · Resource consentLand use consent at 282 River Road, Ashburton, to erect a building which exceeds maximum floor area (500m2), with flood hazard and site coverage related non-compliances, zoned Rural B
  • 230 River Road13 Oct 2022 · Resource consentLand use consent at 230 River Road to address the non compliant 20m internal boundary setbacks on relocated dwelling. (Rule 3.9.5). Zoned Rural B

River Road in other suburbs

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