Estimate $1.07m – $1.42m
4
3 Observatory Terrace, Britannia Heights
4 properties · Britannia Heights, Nelson
Observatory Terrace, Britannia Heights
Observatory Terrace in Britannia Heights has 4 properties, valued by the council between $960,000 and $1,310,000 with a median of $1,160,000 (Britannia Heights: $1,315,000). Most of its homes were built in the 1990s. We estimate its homes at a median $1,110,000. The last sale we have was in March 2018, for $727,500.
$1.16mmedian council valuation
$1.11mour median estimate
1995median year built
4 properties on Observatory Terrace, Britannia Heights
Highest and lowest on Observatory Terrace
Highest-valued home3 Observatory Terrace$1,310,000council valuation · 4 bed · 195 m² floor · 2,362 m² land
Lowest-valued home4 Observatory Terrace$960,000council valuation · 3 bed · 163 m² floor · 757 m² land
Property values on Observatory Terrace
| Bedrooms | Homes | Median council value | Sold, last 12 months | Median sale |
|---|---|---|---|---|
| 3 | 2 | $1.02m | 0 | — |
| 4 | 1 | $1.31m | 0 | — |
| 5+ | 1 | $1.24m | 0 | — |
Council rating valuations: the council's figure for apportioning rates, not a market appraisal.
Observatory Terrace compared with Britannia Heights
Observatory Terrace's median council value is 12% below Britannia Heights's.
| Observatory Terrace | Britannia Heights | Nelson | |
|---|---|---|---|
| Median council value | $1.16m | $1.31m | $700k |
| Median section | 1,648 m² | 851 m² | 695 m² |
| Median year built | 1995 | 1990 | 1970 |
| Council value per m² of floor | $6k | $6k | $5k |
Recent sales on Observatory Terrace
- 5 Observatory Terrace$727,50022 Mar 2018 · 3 bed · 149 m² floor · 933 m² land
- 4 Observatory Terrace$600,00027 Jul 2017 · 3 bed · 163 m² floor · 757 m² land
- 5 Observatory Terrace$145,0007 Aug 2009 · 3 bed · 149 m² floor · 933 m² land
- 5 Observatory Terrace$144,00022 Nov 2006 · 3 bed · 149 m² floor · 933 m² land
- 4 Observatory Terrace$430,00014 Dec 2005 · 3 bed · 163 m² floor · 757 m² land
- 4 Observatory Terrace$366,5004 Jan 2003 · 3 bed · 163 m² floor · 757 m² land
- 3 Observatory Terrace$71,00029 Mar 2000 · 4 bed · 195 m² floor · 2,362 m² land
- 4 Observatory Terrace$65,00025 Sept 1998 · 3 bed · 163 m² floor · 757 m² land
- 4 Observatory Terrace$69,00019 May 1997 · 3 bed · 163 m² floor · 757 m² land
- 3 Observatory Terrace$85,00031 Oct 1996 · 4 bed · 195 m² floor · 2,362 m² land
- 5 Observatory Terrace$60,0009 Feb 1995 · 3 bed · 149 m² floor · 933 m² land
- 6 Observatory Terrace$87,00018 Jul 1994 · 5 bed · 470 m² floor · 23,750 m² land
- 3 Observatory Terrace$95,00021 Oct 1993 · 4 bed · 195 m² floor · 2,362 m² land
The homes on Observatory Terrace
Observatory Terrace has 4 houses. Most were built in the 1990s (50%).
More streets in Britannia Heights
- Princes Drive142
- The Cliffs64
- Commodore Place27
- Richardson Street27
- Heemskerck Place25
- Zeehaen Place25
- Moncrieff Avenue24
- Whitby Road21
- Istana Place19
- Moana Avenue13
- Windsor Drive11
- Crown Terrace9
Every street in Britannia Heights, 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.