Margate Avenue in Flaxmere has 64 properties, valued by the council between $200,000 and $655,000 with a median of $460,000 (Flaxmere: $460,000). More of its homes were built in the 1970s than in any other decade. We estimate its homes at a median $472,000. 3 sold in the last twelve months, for a median $530,000. The highest sale in 2026 was 7 Margate Avenue, at $550,000.
AerialNot listedThe council values Margate Avenue's 59 rated properties between $200,000 and $655,000. The middle half sit between about $452,500 and $508,000; the median is $460,000 and the mean $477,203.
| Bedrooms | Homes | Median council value | Sold, last 12 months | Median sale |
|---|---|---|---|---|
| 2 | 4 | $403k | 0 | — |
| 3 | 52 | $460k | 3 | $530k |
| 4 | 3 | $490k | 0 | — |
Council rating valuations: the council's figure for apportioning rates, not a market appraisal.
Margate Avenue's median council value is about the same as Flaxmere's.
| Margate Avenue | Flaxmere | Hastings | |
|---|---|---|---|
| Median council value | $460k | $460k | $600k |
| Median sale, last 12 months | $530k | $495k | $630k |
| Sold in the last 12 months | 4.7% | 2.9% | 3.5% |
| Time between sales | 8.6 yrs | 9.2 yrs | 8.2 yrs |
| Median section | 734 m² | 700 m² | 711 m² |
| Median year built | 1980 | 1970 | 1960 |
| Council value per m² of floor | $5k | $4k | $5k |
Median sale price by year; 2026 is the year so far. A year with fewer than two sales has no bar.
| Year | Sales | Median price | Per m² floor |
|---|---|---|---|
| 2026 | 2 | $540,000 | $5,402 |
| 2025 | 3 | $435,000 | $5,012 |
| 2024 | 4 | $605,000 | $4,471 |
| 2023 | 2 | $527,500 | $5,351 |
| 2022 | 2 | $462,500 | $4,872 |
| 2019 | 4 | $312,000 | $3,509 |
| 2018 | 3 | $280,000 | $2,800 |
| 2017 | 3 | $240,000 | $2,376 |
| 2016 | 3 | $197,000 | $2,373 |
Margate Avenue has 62 houses and 1 unit or townhouse. More were built in the 1970s than in any other decade (42%).
Homes on Margate Avenue that resold in the last five years had been held a median 8.6 years (Flaxmere: 9.2 years).
Time between a home's sales, for 11 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.
Every street in Flaxmere, 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.