156 properties · Petone, Lower Hutt

Richmond Street, Petone

Richmond Street in Petone has 156 properties, valued by the council between $390,000 and $1,840,000 with a median of $790,000 (Petone: $790,000). More of its homes were built in the 1910s than in any other decade. We estimate its homes at a median $754,500. 4 sold in the last twelve months, for a median $628,500. The highest sale in 2026 was 51 Richmond Street, at $870,000.

$790kmedian council valuation
$755kour median estimate
$629kmedian sale, last 12 months · 4 sales
1910median year built
Lower HuttPetone ×Richmond Street ×

156 properties on Richmond Street, Petone

Highest and lowest on Richmond Street

Highest-valued home56 Richmond Street$1,840,000council valuation · 1 bed · 450 m² floor · 779 m² land
Lowest-valued home7/61 Richmond Street$390,000council valuation · 1 bed · 40 m² floor
Highest sale in 202651 Richmond Street$870,000sold 1 Mar 2026 · 3 bed · 113 m² floor · 501 m² land

Property values on Richmond Street

The council values Richmond Street's 143 rated properties between $390,000 and $1,840,000. The middle half sit between about $685,000 and $917,000; the median is $790,000 and the mean $804,301.

Lowest: $390k$390kLowest10%: $552k20%: $670k20%30%: $700k40%: $760k40%Median: $790k60%: $832k60%70%: $884k80%: $950k80%90%: $1.05mHighest: $1.84m$1.84mHighest
BedroomsHomesMedian council valueSold, last 12 monthsMedian sale
17$425k0—
221$590k3$575k
388$795k1—
420$945k0—
5+4$955k0—

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

Richmond Street compared with Petone

Richmond Street's median council value is about the same as Petone's.

Richmond StreetPetoneLower Hutt
Median council value$790k$790k$800k
Median sale, last 12 months$629k$760k$790k
Sold in the last 12 months2.6%2.3%1.5%
Time between sales9.8 yrs9.0 yrs9.7 yrs
Median section395 m²390 m²577 m²
Median year built191019201960
Council value per m² of floor$7k$7k$6k

Richmond Street 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: $716k (7 sales)$716k20162017: too few sales to say (1 sale)2018: $744k (4 sales)20182019: $847k (9 sales)2020: $901k (12 sales)20202021: $728k (6 sales)2022: $1.1m (11 sales)$1.1m20222023: $732k (3 sales)2024: $744k (10 sales)20242025: $894k (4 sales)2026: $575k (3 sales, this year so far)$575k2026
Sales by year as a table
YearSalesMedian pricePer m² floor
20263$575,000$7,188
20254$894,250$8,314
202410$743,500$8,247
20233$732,000$8,133
202211$1,098,000$8,446
20216$727,500$10,845
202012$900,775$7,668
20199$847,000$6,758
20184$743,650$6,055
20171$741,000$4,631
20167$716,000$5,020

Recent sales on Richmond Street

The homes on Richmond Street

Richmond Street has 119 houses, 21 units and townhouses and 12 apartments. More were built in the 1910s than in any other decade (29%).

1890s: 1 (1 home)11890s1900s: 30 (30 homes)1910s: 42 (42 homes)421910s1920s: 16 (16 homes)1950s: 3 (3 homes)1950s1960s: 2 (2 homes)1970s: 13 (13 homes)1970s1980s: 22 (22 homes)1990s: 8 (8 homes)1990s2010s: 2 (2 homes)2020s: 4 (4 homes)42020s

How long owners stay on Richmond Street

Homes on Richmond Street that resold in the last five years had been held a median 9.8 years (Petone: 9.0 years).

Time between a home's sales, for 30 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 Richmond Street

2resource consents in the last 5 years
  • 38 Richmond Street13 Aug 2024 · Resource consentExtension to visitor accommodation, and alterations to condition 1 of RM090238 as varied by RM160062 and condition 1 of Decision 2 RM160062.
  • 55 Richmond Street14 Jan 2022 · Resource consent3 new 1-bedroom studio dwelling units.

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