48 properties · Kelvin Grove, Palmerston North

Chestnut Close, Kelvin Grove

Chestnut Close in Kelvin Grove has 48 properties, valued by the council between $750,000 and $1,020,000 with a median of $850,000 (Kelvin Grove: $770,000). Most of its homes were built in the 2000s. We estimate its homes at a median $834,000. 4 sold in the last twelve months, for a median $932,500. The highest sale in 2026 was 2 Chestnut Close, at $950,000.

$850kmedian council valuation
$834kour median estimate
$933kmedian sale, last 12 months · 4 sales
2000median year built
Palmerston NorthKelvin Grove ×Chestnut Close ×

48 properties on Chestnut Close, Kelvin Grove

Highest and lowest on Chestnut Close

Highest-valued home11 Chestnut Close$1,020,000council valuation · 4 bed · 266 m² floor · 825 m² land
Lowest-valued home15 Chestnut Close$750,000council valuation · 4 bed · 157 m² floor · 751 m² land
Highest sale in 20262 Chestnut Close$950,000sold 8 Apr 2026 · 4 bed · 242 m² floor · 680 m² land

Property values on Chestnut Close

The council values Chestnut Close's 48 rated properties between $750,000 and $1,020,000. The middle half sit between about $825,500 and $880,000; the median is $850,000 and the mean $858,229.

Lowest: $750k$750kLowest10%: $807k20%: $820k20%30%: $831k40%: $840k40%Median: $850k60%: $860k60%70%: $870k80%: $890k80%90%: $922kHighest: $1.02m$1.02mHighest
BedroomsHomesMedian council valueSold, last 12 monthsMedian sale
34$835k0—
443$850k4$933k
5+1$820k0—

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

Chestnut Close compared with Kelvin Grove

Chestnut Close's median council value is 10% above Kelvin Grove's.

Chestnut CloseKelvin GrovePalmerston North
Median council value$850k$770k$610k
Median sale, last 12 months$933k$758k$625k
Sold in the last 12 months8.3%5.4%4%
Time between sales7.1 yrs7.6 yrs7.8 yrs
Median section759 m²675 m²678 m²
Median year built200020001970
Council value per m² of floor$4k$4k$4k

Chestnut Close 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: $471k (8 sales)$471k20162017: $568k (4 sales)2018: $582k (4 sales)20182019: $655k (3 sales)2020: $780k (5 sales)20202021: $970k (4 sales)2022: $988k (2 sales)$988k20222023: too few sales to say (1 sale)2024: $863k (5 sales)20242025: $870k (5 sales)2026: $930k (3 sales, this year so far)$930k2026
Sales by year as a table
YearSalesMedian pricePer m² floor
20263$930,000$4,009
20255$870,000$4,030
20245$863,000$4,229
20231$1,055,000$3,996
20222$987,500$4,841
20214$970,000$5,097
20205$780,000$3,502
20193$655,000$3,137
20184$582,138$2,630
20174$567,500$2,624
20168$471,250$2,241

Recent sales on Chestnut Close

The homes on Chestnut Close

Chestnut Close has 48 houses. Most were built in the 2000s (58%).

2000s: 28 (28 homes)282000s2010s: 20 (20 homes)202010s

How long owners stay on Chestnut Close

Homes on Chestnut Close that resold in the last five years had been held a median 7.1 years (Kelvin Grove: 7.6 years).

Time between a home's sales, for 18 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 Chestnut Close

2building consents in the last 5 years
  • 26 Chestnut Close1 Nov 2025 · Building consentConstruction of a new rumpus room & covered outdoor area
  • 33 Chestnut Close1 Mar 2022 · Building consentConstruction of a serene 9 narellan swimming pool

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