142 properties · Britannia Heights, Nelson

Princes Drive, Britannia Heights

Princes Drive in Britannia Heights has 142 properties, valued by the council between $435,000 and $3,800,000 with a median of $1,160,000 (Britannia Heights: $1,315,000). More of its homes were built in the 1990s than in any other decade. We estimate its homes at a median $1,090,000. 2 sold in the last twelve months. The highest sale in 2026 was 278 Princes Drive, at $1,550,000.

$1.16mmedian council valuation
$1.09mour median estimate
2sold in the last 12 months
1980median year built
NelsonBritannia Heights ×Princes Drive ×

142 properties on Princes Drive, Britannia Heights

Highest and lowest on Princes Drive

Highest-valued home306 Princes Drive$3,800,000council valuation · 4 bed · 425 m² floor · 8,800 m² land
Lowest-valued home125 Princes Drive$435,000council valuation · 1,411 m² land
Highest sale in 2026278 Princes Drive$1,550,000sold 28 Apr 2026 · 4 bed · 183 m² floor · 961 m² land

Property values on Princes Drive

The council values Princes Drive's 133 rated properties between $435,000 and $3,800,000. The middle half sit between about $793,000 and $1,544,000; the median is $1,160,000 and the mean $1,269,211.

Lowest: $435k$435kLowest10%: $586k20%: $720k20%30%: $866k40%: $1.05m40%Median: $1.16m60%: $1.29m60%70%: $1.43m80%: $1.66m80%90%: $2.15mHighest: $3.8m$3.8mHighest
BedroomsHomesMedian council valueSold, last 12 monthsMedian sale
12$895k0—
27$650k0—
347$860k1—
450$1.38m1—
5+20$1.68m0—

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

Princes Drive compared with Britannia Heights

Princes Drive's median council value is 12% below Britannia Heights's.

Princes DriveBritannia HeightsNelson
Median council value$1.16m$1.31m$700k
Sold in the last 12 months1.4%1.1%3.6%
Time between sales9.4 yrs10.2 yrs8.7 yrs
Median section879 m²851 m²695 m²
Median year built198019901970
Council value per m² of floor$6k$6k$5k

Princes Drive 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: $735k (7 sales)$735k20162017: $475k (7 sales)2018: $840k (11 sales)20182019: $815k (6 sales)2020: $639k (6 sales)20202021: $1.42m (8 sales)$1.42m2022: $1.41m (4 sales)20222023: $870k (6 sales)2024: $1.35m (4 sales)20242025: $1.05m (4 sales)$1.05m2026: too few sales to say (1 sale, this year so far)2026
Sales by year as a table
YearSalesMedian pricePer m² floor
20261$1,550,000$8,470
20254$1,050,000$5,210
20244$1,352,500$5,836
20236$870,000$6,706
20224$1,410,000$5,676
20218$1,417,500$5,604
20206$638,500$4,750
20196$815,000$4,047
201811$840,000$4,318
20177$475,000$3,792
20167$735,000$3,210

Recent sales on Princes Drive

The homes on Princes Drive

Princes Drive has 123 houses, 10 units and townhouses and 4 sections. More were built in the 1990s than in any other decade (20%).

1930s: 2 (2 homes)21940s: 6 (6 homes)1940s1950s: 18 (18 homes)1960s: 16 (16 homes)1960s1970s: 8 (8 homes)1980s: 22 (22 homes)1980s1990s: 26 (26 homes)262000s: 19 (19 homes)2000s2010s: 11 (11 homes)2020s: 1 (1 home)12020s

How long owners stay on Princes Drive

Homes on Princes Drive that resold in the last five years had been held a median 9.4 years (Britannia Heights: 10.2 years).

Time between a home's sales, for 21 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 Princes Drive

1building consents in the last 5 years
3resource consents in the last 5 years
  • 153 Princes Drive1 Apr 2024 · Building consentAmendment: extend suspended ceiling, repair damaged beam, revise window details
  • 318 Princes Drive11 Apr 2024 · Resource consentRetrospective resource consent for earthworks to construct four retaining walls (landscaping) up to 1.5m in height, at 318 Princes Drive. (Read with RM235210)
  • 364 Princes Drive16 Jun 2023 · Resource consentTo construct a new dwelling exceeding maximum building height
  • 175A Princes Drive13 Dec 2021 · Resource consentTo construct a deck which will breach REr.35 Daylight admission , REr.36 Decks and terraces and REr.34 Building over alongside drains and water mains

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