Wallace Street in Kensington has 27 properties, valued by the council between $340,000 and $475,000 with a median of $420,000 (Kensington: $405,000). Most of its homes were built in the 1950s. We estimate its homes at a median $439,000. The last sale we have was in June 2025, for $430,000.
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AerialNot listedThe council values Wallace Street's 25 rated properties between $340,000 and $475,000. The middle half sit between about $387,000 and $435,000; the median is $420,000 and the mean $409,600.
| Bedrooms | Homes | Median council value | Sold, last 12 months | Median sale |
|---|---|---|---|---|
| 2 | 5 | $400k | 0 | — |
| 3 | 20 | $430k | 0 | — |
Council rating valuations: the council's figure for apportioning rates, not a market appraisal.
Wallace Street's median council value is 4% above Kensington's.
| Wallace Street | Kensington | Timaru | |
|---|---|---|---|
| Median council value | $420k | $405k | $500k |
| Median section | 521 m² | 686 m² | 754 m² |
| Median year built | 1950 | 1950 | 1960 |
| Council value per m² of floor | $4k | $4k | $4k |
Median sale price by year; 2025 is the year so far. A year with fewer than two sales has no bar.
| Year | Sales | Median price | Per m² floor |
|---|---|---|---|
| 2025 | 1 | $430,000 | $3,583 |
| 2024 | 1 | $440,000 | $4,356 |
| 2023 | 1 | $429,000 | $3,900 |
| 2022 | 3 | $376,000 | $3,808 |
| 2021 | 1 | $388,500 | $3,238 |
| 2019 | 4 | $331,006 | $3,416 |
| 2018 | 3 | $302,000 | $2,865 |
| 2017 | 3 | $309,000 | $2,617 |
| 2016 | 4 | $270,750 | $2,787 |
Wallace Street has 23 houses and 4 units and townhouses. Most were built in the 1950s (72%).
Every street in Kensington, and the suburb's house prices and sales.
Sales and valuations as at 11 September 2026, from council and LINZ records. Medians resting on fewer than 3 sales are not shown.