26 properties · Terrace End, Palmerston North

Balmoral Drive, Terrace End

Balmoral Drive in Terrace End has 26 properties, valued by the council between $565,000 and $1,460,000 with a median of $1,070,000 (Terrace End: $610,000). Most of its homes were built in the 2000s. We estimate its homes at a median $1,070,000. 3 sold in the last twelve months, for a median $1,103,000. The highest sale in 2026 was 31 Balmoral Drive, at $1,200,000.

$1.07mmedian council valuation
$1.07mour median estimate
$1.1mmedian sale, last 12 months · 3 sales
2000median year built
Palmerston NorthTerrace End ×Balmoral Drive ×

26 properties on Balmoral Drive, Terrace End

Highest and lowest on Balmoral Drive

Highest-valued home20 Balmoral Drive$1,460,000council valuation · 5 bed · 332 m² floor · 781 m² land
Lowest-valued home17 Balmoral Drive$565,000council valuation · 853 m² land
Highest sale in 202631 Balmoral Drive$1,200,000sold 2 Apr 2026 · 5 bed · 344 m² floor · 825 m² land

Property values on Balmoral Drive

The council values Balmoral Drive's 25 rated properties between $565,000 and $1,460,000. The middle half sit between about $1,035,000 and $1,164,000; the median is $1,070,000 and the mean $1,091,200.

Lowest: $565k$565kLowest10%: $954k20%: $1.01m20%30%: $1.06m40%: $1.07m40%Median: $1.07m60%: $1.11m60%70%: $1.15m80%: $1.18m80%90%: $1.22mHighest: $1.46m$1.46mHighest
BedroomsHomesMedian council valueSold, last 12 monthsMedian sale
31$940k0—
416$1.07m1—
5+7$1.2m2—

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

Balmoral Drive compared with Terrace End

Balmoral Drive's median council value is 75% above Terrace End's.

Balmoral DriveTerrace EndPalmerston North
Median council value$1.07m$610k$610k
Median sale, last 12 months$1.1m$630k$625k
Sold in the last 12 months11.5%3.8%4%
Median section763 m²628 m²678 m²
Median year built200019601970
Council value per m² of floor$4k$5k$4k

Balmoral 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.

2017: $745k (3 sales)$745k20172018: too few sales to say (1 sale)20182019: $905k (2 sales)20192020: $835k (2 sales)20202021: $1.23m (2 sales)$1.23m20212023: $1.04m (2 sales)20232025: too few sales to say (1 sale)20252026: $1.1m (3 sales, this year so far)$1.1m2026
Sales by year as a table
YearSalesMedian pricePer m² floor
20263$1,103,000$3,488
20251$1,150,000$4,078
20232$1,040,000$3,819
20212$1,230,000$4,171
20202$835,000$2,786
20192$905,000$3,103
20181$801,000$2,820
20173$745,000$2,589

Recent sales on Balmoral Drive

The homes on Balmoral Drive

Balmoral Drive has 25 houses and 1 section. Most were built in the 2000s (50%).

1990s: 8 (8 homes)81990s2000s: 12 (12 homes)122000s2010s: 2 (2 homes)2010s2020s: 2 (2 homes)22020s

Building and resource consents on Balmoral Drive

1building consents in the last 5 years
  • 15 Balmoral Drive1 Nov 2022 · Building consentInstallation of swimming pool fencing & exempt 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.