9 properties · Hokowhitu, Palmerston North

Te Ara Lane, Hokowhitu

Te Ara Lane in Hokowhitu has 9 properties, valued by the council between $445,000 and $1,465,000 with a median of $1,200,000 (Hokowhitu: $720,000). Most of its homes were built in the 2020s. We estimate its homes at a median $1,280,000. The last sale we have was in September 2023, for $1,650,000.

$1.2mmedian council valuation
$1.28mour median estimate
2020median year built
Palmerston NorthHokowhitu ×Te Ara Lane ×

9 properties on Te Ara Lane, Hokowhitu

Highest and lowest on Te Ara Lane

Highest-valued home7 Te Ara Lane$1,465,000council valuation · 292 m² floor · 459 m² land
Lowest-valued home5 Te Ara Lane$445,000council valuation · 415 m² land

Property values on Te Ara Lane

The council values Te Ara Lane's 9 rated properties between $445,000 and $1,465,000. The middle half sit between about $627,000 and $1,390,000; the median is $1,200,000 and the mean $1,049,444.

Lowest: $445k$445kLowest10%: $473k20%: $483k20%30%: $771k40%: $1.2m40%Median: $1.2m60%: $1.35m60%70%: $1.39m80%: $1.39m80%90%: $1.41mHighest: $1.47m$1.47mHighest
BedroomsHomesMedian council valueSold, last 12 monthsMedian sale
34$1.39m0—

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

Te Ara Lane compared with Hokowhitu

Te Ara Lane's median council value is 67% above Hokowhitu's.

Te Ara LaneHokowhituPalmerston North
Median council value$1.2m$720k$610k
Median section459 m²653 m²678 m²
Median year built202019601970
Council value per m² of floor$6k$5k$4k

Te Ara Lane 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.

2019: $467k (2 sales)$467k20192020: $522k (6 sales)20202021: $1.55m (3 sales)20212022: $603k (2 sales)20222023: $1.65m (2 sales, this year so far)$1.65m2023
Sales by year as a table
YearSalesMedian pricePer m² floor
20232$1,650,000$8,506
20222$602,500$2,140
20213$1,550,000$6,458
20206$521,793$2,174
20192$467,391$2,409

Recent sales on Te Ara Lane

  • 3 Te Ara Lane$1,650,0007 Sept 2023 · 196 m² floor · 414 m² land
  • 1 Te Ara Lane$1,650,00028 Jul 2023 · 3 bed · 192 m² floor · 459 m² land
  • 2 Te Ara Lane$580,00026 Jul 2022 · 411 m² land
  • 7 Te Ara Lane$625,00024 Feb 2022 · 292 m² floor · 459 m² land
  • 8 Te Ara Lane$1,600,0008 Jul 2021 · 3 bed · 240 m² floor · 517 m² land
  • 6 Te Ara Lane$1,550,00026 May 2021 · 3 bed · 240 m² floor · 518 m² land
  • 4 Te Ara Lane$1,500,00010 Feb 2021 · 3 bed · 240 m² floor · 517 m² land
  • 10 Te Ara Lane$600,00011 Dec 2020 · 404 m² land
  • 2 Te Ara Lane$585,0002 Oct 2020 · 411 m² land
  • 5 Te Ara Lane$475,00028 Sept 2020 · 415 m² land
  • 4 Te Ara Lane$521,84717 Sept 2020 · 3 bed · 240 m² floor · 517 m² land
  • 8 Te Ara Lane$521,73917 Sept 2020 · 3 bed · 240 m² floor · 517 m² land
  • 7 Te Ara Lane$450,00016 Sept 2020 · 292 m² floor · 459 m² land
  • 1 Te Ara Lane$467,39117 Dec 2019 · 3 bed · 192 m² floor · 459 m² land
  • 3 Te Ara Lane$467,39117 Dec 2019 · 196 m² floor · 414 m² land

The homes on Te Ara Lane

Te Ara Lane has 6 houses and 3 sections. Most were built in the 2020s (100%).

Building and resource consents on Te Ara Lane

3building consents in the last 5 years
3resource consents in the last 5 years
  • 2 Te Ara Lane1 Jul 2026 · Building consentNew 4 bdrm dwg with 2 bathrooms & an internal access dbl gge
  • 3 Te Ara Lane1 Jul 2023 · Building consentRbw - proposed new dwg with longrun colorsteel roofing on trusses, brick veneer & palliside cladding on drained cavity over timber-framed walls, concrete ribraft slab, aluminium window & door joinery.
  • 7 Te Ara Lane1 Apr 2023 · Building consentConstruction of a 4 bdrm, 2 storey dwg
  • 10 Te Ara Lane25 Jan 2023 · Resource consentVariation 07 to SUB 4799-06 to create Lot 205 to be vested as Local Pu
  • 1 Te Ara Lane14 Oct 2022 · Resource consentVariation to SUB 4799 to increase lots unable to comply with minimum l
  • 7 Te Ara Lane19 Oct 2021 · Resource consentVariation of SUB 4799-04 to create an additional lot from lot 50

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