AerialNot listedMerlot Drive in Greenmeadows has 74 properties, valued by the council between $680,000 and $1,490,000 with a median of $1,140,000 (Greenmeadows: $760,000). Most of its homes were built in the 2000s. We estimate its homes at a median $1,100,000. 4 sold in the last twelve months, for a median $1,035,000. The highest sale in 2026 was 80 Merlot Drive, at $1,060,000.
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AerialNot listedThe council values Merlot Drive's 73 rated properties between $680,000 and $1,490,000. The middle half sit between about $1,105,000 and $1,205,000; the median is $1,140,000 and the mean $1,161,781.
| Bedrooms | Homes | Median council value | Sold, last 12 months | Median sale |
|---|---|---|---|---|
| 3 | 5 | $1.1m | 1 | — |
| 4 | 63 | $1.14m | 3 | $1.06m |
| 5+ | 4 | $1.28m | 0 | — |
Council rating valuations: the council's figure for apportioning rates, not a market appraisal.
Merlot Drive's median council value is 50% above Greenmeadows's.
| Merlot Drive | Greenmeadows | Napier | |
|---|---|---|---|
| Median council value | $1.14m | $760k | $700k |
| Median sale, last 12 months | $1.03m | $801k | $712k |
| Sold in the last 12 months | 5.4% | 4% | 3.5% |
| Time between sales | 10.8 yrs | 10.0 yrs | 8.6 yrs |
| Median section | 705 m² | 658 m² | 680 m² |
| Median year built | 2000 | 1980 | 1970 |
| Council value per m² of floor | $5k | $5k | $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 | 3 | $1,010,000 | $4,417 |
| 2025 | 3 | $1,107,000 | $5,149 |
| 2024 | 4 | $1,290,000 | $5,021 |
| 2023 | 5 | $1,270,000 | $4,942 |
| 2022 | 2 | $1,540,034 | $5,940 |
| 2021 | 1 | $1,150,000 | $4,137 |
| 2020 | 4 | $945,250 | $4,040 |
| 2019 | 6 | $920,000 | $3,730 |
| 2018 | 3 | $860,000 | $3,704 |
| 2017 | 1 | $963,000 | $2,589 |
| 2016 | 8 | $695,000 | $2,775 |
Merlot Drive has 73 houses and 1 section. Most were built in the 2000s (97%).
Homes on Merlot Drive that resold in the last five years had been held a median 10.8 years (Greenmeadows: 10.0 years).
Time between a home's sales, for 17 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 Greenmeadows, 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.