13 properties · Marewa, Napier

Ballance Place, Marewa

Ballance Place in Marewa has 13 properties, valued by the council between $375,000 and $550,000 with a median of $465,000 (Marewa: $540,000). More of its homes were built in the 1950s than in any other decade. We estimate its homes at a median $490,000. The last sale we have was in August 2023, for $465,000.

$465kmedian council valuation
$490kour median estimate
2000median year built
NapierMarewa ×Ballance Place ×

Highest and lowest on Ballance Place

Highest-valued home3 Ballance Place$550,000council valuation · 5 bed · 162 m² floor · 576 m² land
Lowest-valued home3A Ballance Place$375,000council valuation · 1 bed · 54 m² floor · 320 m² land

Property values on Ballance Place

The council values Ballance Place's 13 rated properties between $375,000 and $550,000. The middle half sit between about $460,000 and $518,500; the median is $465,000 and the mean $480,000.

Lowest: $375k$375kLowest10%: $447k20%: $457k20%30%: $463k40%: $465k40%Median: $465k60%: $471k60%70%: $505k80%: $532k80%90%: $540kHighest: $550k$550kHighest
BedroomsHomesMedian council valueSold, last 12 monthsMedian sale
12$418k0—
34$530k0—
5+1$550k0—

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

Ballance Place compared with Marewa

Ballance Place's median council value is 14% below Marewa's.

Ballance PlaceMarewaNapier
Median council value$465k$540k$700k
Median section260 m²703 m²680 m²
Median year built200019501970
Council value per m² of floor$6k$5k$5k

Ballance Place house prices over time

Median sale price by year; 2023 is the year so far. A year with fewer than two sales has no bar.

2016: $280k (3 sales)$280k20162019: $465k (2 sales)20192021: $604k (2 sales)$604k20212022: too few sales to say (1 sale)20222023: too few sales to say (1 sale, this year so far)2023
Sales by year as a table
YearSalesMedian pricePer m² floor
20231$465,000$9,118
20221$910,000$11,519
20212$604,000$7,852
20192$465,000$5,054
20163$280,000$2,492

Recent sales on Ballance Place

The homes on Ballance Place

Ballance Place has 12 houses and 1 unit or townhouse. More were built in the 1950s than in any other decade (46%).

1950s: 6 (6 homes)61950s2000s: 1 (1 home)2000s2020s: 6 (6 homes)62020s

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