20 properties · Belmont, Lower Hutt

Picasso Grove, Belmont

Picasso Grove in Belmont has 20 properties, valued by the council between $290,000 and $1,040,000 with a median of $725,000 (Belmont: $840,000). More of its homes were built in the 1970s than in any other decade. We estimate its homes at a median $725,000. 1 sold in the last twelve months. The highest sale in 2026 was 5 Picasso Grove, at $810,000.

$725kmedian council valuation
$725kour median estimate
1sold in the last 12 months
1980median year built
Lower HuttBelmont ×Picasso Grove ×

20 properties on Picasso Grove, Belmont

Highest and lowest on Picasso Grove

Highest-valued home3 Picasso Grove$1,040,000council valuation · 3 bed · 184 m² floor · 1,314 m² land
Lowest-valued home8 Picasso Grove$290,000council valuation · 2,171 m² land
Highest sale in 20265 Picasso Grove$810,000sold 21 Feb 2026 · 5 bed · 130 m² floor · 775 m² land

Property values on Picasso Grove

The council values Picasso Grove's 20 rated properties between $290,000 and $1,040,000. The middle half sit between about $640,000 and $845,500; the median is $725,000 and the mean $734,500.

Lowest: $290k$290kLowest10%: $587k20%: $616k20%30%: $664k40%: $676k40%Median: $725k60%: $758k60%70%: $833k80%: $858k80%90%: $943kHighest: $1.04m$1.04mHighest
BedroomsHomesMedian council valueSold, last 12 monthsMedian sale
22$575k0—
310$700k0—
46$800k0—
5+1$840k1—

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

Picasso Grove compared with Belmont

Picasso Grove's median council value is 14% below Belmont's.

Picasso GroveBelmontLower Hutt
Median council value$725k$840k$800k
Sold in the last 12 months5%3.2%1.5%
Median section524 m²918 m²577 m²
Median year built198019701960
Council value per m² of floor$5k$5k$6k

Picasso Grove 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: $561k (2 sales)$561k2018: $610k (3 sales)20182019: too few sales to say (1 sale)2020: $822k (2 sales)$822k20202021: too few sales to say (1 sale)2022: too few sales to say (1 sale)20222023: too few sales to say (1 sale)2024: $604k (2 sales)$604k20242025: too few sales to say (1 sale)2026: too few sales to say (1 sale, this year so far)2026
Sales by year as a table
YearSalesMedian pricePer m² floor
20261$810,000$6,231
20251$760,000$5,429
20242$604,250$3,702
20231$710,000$4,438
20221$735,000$9,545
20211$807,750$6,731
20202$821,500$4,992
20191$753,000$3,138
20183$610,000$3,607
20162$561,000$2,780

Recent sales on Picasso Grove

The homes on Picasso Grove

Picasso Grove has 19 houses and 1 section. More were built in the 1970s than in any other decade (47%).

1970s: 9 (9 homes)91970s1980s: 8 (8 homes)1980s2000s: 1 (1 home)2000s2010s: 1 (1 home)12010s

Building and resource consents on Picasso Grove

3building consents in the last 5 years
  • 25 Picasso Grove1 Mar 2025 · Building consentHousing (detached dwg) - install new freestanding maxen cargill 350 woodburner
  • 20 Picasso Grove1 May 2022 · Building consentRbw - housing � internal extension to basement area to create rumpus room & bathrm (comply NZ)
  • 3 Picasso Grove1 Jan 2022 · Building consentRbw - housing - add/alterations, add bdrm, ensuite, & dressing space to existing first floor level (complynz)

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