20 properties · Terrace End, Palmerston North

Patea Place, Terrace End

Patea Place in Terrace End has 20 properties, valued by the council between $495,000 and $770,000 with a median of $570,000 (Terrace End: $610,000). Most of its homes were built in the 1960s. We estimate its homes at a median $558,000. 1 sold in the last twelve months. The highest sale in 2026 was 6 Patea Place, at $630,000.

$570kmedian council valuation
$558kour median estimate
1sold in the last 12 months
1960median year built
Palmerston NorthTerrace End ×Patea Place ×

20 properties on Patea Place, Terrace End

Highest and lowest on Patea Place

Highest-valued home2A Patea Place$770,000council valuation · 3 bed · 170 m² floor · 505 m² land
Lowest-valued home3 Patea Place$495,000council valuation · 3 bed · 114 m² floor · 431 m² land
Highest sale in 20266 Patea Place$630,000sold 15 Jul 2026 · 3 bed · 105 m² floor · 1,206 m² land

Property values on Patea Place

The council values Patea Place's 16 rated properties between $495,000 and $770,000. The middle half sit between about $532,500 and $637,500; the median is $570,000 and the mean $592,813.

Lowest: $495k$495kLowest10%: $520k20%: $530k20%30%: $535k40%: $570k40%Median: $570k60%: $570k60%70%: $625k80%: $650k80%90%: $700kHighest: $770k$770kHighest
BedroomsHomesMedian council valueSold, last 12 monthsMedian sale
315$570k1—
41$660k0—

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

Patea Place compared with Terrace End

Patea Place's median council value is 7% below Terrace End's.

Patea PlaceTerrace EndPalmerston North
Median council value$570k$610k$610k
Sold in the last 12 months5%3.8%4%
Median section644 m²628 m²678 m²
Median year built196019601970
Council value per m² of floor$5k$5k$4k

Recent sales on Patea Place

  • 6 Patea Place$630,00015 Jul 2026 · 3 bed · 105 m² floor · 1,206 m² land
  • 2A Patea Place$770,00011 Apr 2025 · 3 bed · 170 m² floor · 505 m² land
  • 17 Patea Place$755,00019 Oct 2023 · 3 bed · 120 m² floor · 617 m² land
  • 2 Patea Place$620,0003 Oct 2022 · 3 bed · 126 m² floor · 459 m² land
  • 6 Patea Place$360,00012 Aug 2016 · 3 bed · 105 m² floor · 1,206 m² land
  • 17 Patea Place$265,00025 Feb 2012 · 3 bed · 120 m² floor · 617 m² land
  • 17 Patea Place$258,0008 Aug 2010 · 3 bed · 120 m² floor · 617 m² land
  • 8B Patea Place$230,0001 Feb 2010 · 3 bed · 127 m² floor · 652 m² land
  • 18 Patea Place$328,00017 Sept 2008 · 3 bed · 158 m² floor · 673 m² land
  • 17 Patea Place$210,0009 Sept 2008 · 3 bed · 120 m² floor · 617 m² land
  • 6 Patea Place$270,00029 Jun 2007 · 3 bed · 105 m² floor · 1,206 m² land
  • 2A Patea Place$312,0006 Jun 2007 · 3 bed · 170 m² floor · 505 m² land
  • 2 Patea Place$312,0006 Jun 2007 · 3 bed · 126 m² floor · 459 m² land
  • 7 Patea Place$162,00017 Mar 2004 · 3 bed · 129 m² floor · 1,022 m² land
  • 18 Patea Place$223,00024 Nov 2003 · 3 bed · 158 m² floor · 673 m² land
  • 10 Patea Place$100,00019 Mar 2001 · 3 bed · 108 m² floor · 898 m² land
  • 8B Patea Place$115,00024 Jul 2000 · 3 bed · 127 m² floor · 652 m² land
  • 6 Patea Place$122,75023 Oct 1998 · 3 bed · 105 m² floor · 1,206 m² land
  • 7 Patea Place$103,50018 Sept 1998 · 3 bed · 129 m² floor · 1,022 m² land
  • 11 Patea Place$129,75017 Mar 1998 · 4 bed · 203 m² floor · 918 m² land

The homes on Patea Place

Patea Place has 17 houses and 3 units and townhouses. Most were built in the 1960s (63%).

1960s: 10 (10 homes)101960s1970s: 3 (3 homes)1970s1980s: 1 (1 home)1980s1990s: 1 (1 home)1990s2010s: 1 (1 home)12010s

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