34 properties · Lower Shotover, Queenstown

Cheltenham Road, Lower Shotover

Cheltenham Road in Lower Shotover has 34 properties, valued by the council between $1,125,000 and $1,770,000 with a median of $1,425,000 (Lower Shotover: $1,550,000). Most of its homes were built in the 2010s. We estimate its homes at a median $1,540,000. The last sale we have was in January 2025, for $1,550,000.

$1.43mmedian council valuation
$1.54mour median estimate
2010median year built
QueenstownLower Shotover ×Cheltenham Road ×

34 properties on Cheltenham Road, Lower Shotover

Highest and lowest on Cheltenham Road

Highest-valued home33 Cheltenham Road$1,770,000council valuation · 4 bed · 223 m² floor · 754 m² land
Lowest-valued home13 Cheltenham Road$1,125,000council valuation · 4 bed · 166 m² floor · 404 m² land

Property values on Cheltenham Road

The council values Cheltenham Road's 34 rated properties between $1,125,000 and $1,770,000. The middle half sit between about $1,255,000 and $1,565,000; the median is $1,425,000 and the mean $1,413,971.

Lowest: $1.13m$1.13mLowest10%: $1.18m20%: $1.22m20%30%: $1.29m40%: $1.36m40%Median: $1.43m60%: $1.47m60%70%: $1.55m80%: $1.58m80%90%: $1.64mHighest: $1.77m$1.77mHighest
BedroomsHomesMedian council valueSold, last 12 monthsMedian sale
11$1.58m0—
21$1.56m0—
37$1.19m0—
423$1.47m0—
5+1$1.58m0—

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

Cheltenham Road compared with Lower Shotover

Cheltenham Road's median council value is 8% below Lower Shotover's.

Cheltenham RoadLower ShotoverQueenstown
Median council value$1.43m$1.55m$1.55m
Time between sales3.9 yrs6.2 yrs6.2 yrs
Median section478 m²735 m²720 m²
Median year built201020102010
Council value per m² of floor$8k$8k$9k

Cheltenham Road house prices over time

Median sale price by year; 2025 is the year so far. A year with fewer than two sales has no bar.

2016: $375k (5 sales)$375k2017: too few sales to say (1 sale)20172018: too few sales to say (1 sale)2019: $994k (6 sales)20192020: $1.02m (4 sales)2021: $1.26m (6 sales)$1.26m20212022: $1.05m (5 sales)2023: $1.15m (3 sales)$1.15m20232024: too few sales to say (1 sale)2025: too few sales to say (1 sale, this year so far)2025
Sales by year as a table
YearSalesMedian pricePer m² floor
20251$1,550,000$7,561
20241$1,300,000$7,738
20233$1,153,000$7,420
20225$1,050,000$6,704
20216$1,264,250$6,623
20204$1,024,000$4,860
20196$993,750$5,517
20181$905,000$4,892
20171$859,000$4,799
20165$375,000$1,984

Recent sales on Cheltenham Road

The homes on Cheltenham Road

Cheltenham Road has 33 houses and 1 section. Most were built in the 2010s (97%).

2010s: 32 (32 homes)322010s2020s: 1 (1 home)12020s

How long owners stay on Cheltenham Road

Homes on Cheltenham Road that resold in the last five years had been held a median 3.9 years (Lower Shotover: 6.2 years).

Time between a home's sales, for 12 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 Cheltenham Road

2building consents in the last 5 years
  • 39 Cheltenham Road4 Jun 2026 · Building consentNew res dwg one bdrm
  • 22 Cheltenham Road10 Jul 2025 · Building consentAlteration to existing dwelling: Addition of bedroom and bathroom

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