
Margate Place in Flaxmere has 18 properties, valued by the council between $415,000 and $550,000 with a median of $475,000 (Flaxmere: $460,000). Most of its homes were built in the 1970s. We estimate its homes at a median $486,000. The last sale we have was in November 2022, for $620,000.


















The council values Margate Place's 17 rated properties between $415,000 and $550,000. The middle half sit between about $450,000 and $522,000; the median is $475,000 and the mean $482,647.
| Bedrooms | Homes | Median council value | Sold, last 12 months | Median sale |
|---|---|---|---|---|
| 3 | 16 | $465k | 0 | — |
| 4 | 1 | $550k | 0 | — |
Council rating valuations: the council's figure for apportioning rates, not a market appraisal.
Margate Place's median council value is 3% above Flaxmere's.
| Margate Place | Flaxmere | Hastings | |
|---|---|---|---|
| Median council value | $475k | $460k | $600k |
| Median section | 740 m² | 700 m² | 711 m² |
| Median year built | 1970 | 1970 | 1960 |
| Council value per m² of floor | $5k | $4k | $5k |
Margate Place has 17 houses. Most were built in the 1970s (53%).
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.