AerialNot listedGrants Road in Marchwiel has 81 properties, valued by the council between $170,000 and $910,000 with a median of $430,000 (Marchwiel: $450,000). More of its homes were built in the 1950s than in any other decade. We estimate its homes at a median $451,000. 3 sold in the last twelve months, for a median $425,000.
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AerialNot listedThe council values Grants Road's 70 rated properties between $170,000 and $910,000. The middle half sit between about $376,750 and $468,500; the median is $430,000 and the mean $430,571.
| Bedrooms | Homes | Median council value | Sold, last 12 months | Median sale |
|---|---|---|---|---|
| 2 | 6 | $363k | 1 | — |
| 3 | 55 | $430k | 2 | — |
| 4 | 4 | $495k | 0 | — |
| 5+ | 2 | $495k | 0 | — |
Council rating valuations: the council's figure for apportioning rates, not a market appraisal.
Grants Road's median council value is 4% below Marchwiel's.
| Grants Road | Marchwiel | Timaru | |
|---|---|---|---|
| Median council value | $430k | $450k | $500k |
| Median sale, last 12 months | $425k | $484k | $535k |
| Sold in the last 12 months | 3.7% | 5.1% | 4.1% |
| Time between sales | 7.2 yrs | 8.3 yrs | 8.2 yrs |
| Median section | 693 m² | 728 m² | 754 m² |
| Median year built | 1950 | 1960 | 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 | 9 | $425,000 | $4,396 |
| 2024 | 3 | $500,000 | $3,773 |
| 2023 | 7 | $510,000 | $3,900 |
| 2022 | 3 | $527,500 | $4,538 |
| 2021 | 7 | $365,000 | $3,029 |
| 2020 | 6 | $310,000 | $3,060 |
| 2019 | 5 | $348,000 | $3,412 |
| 2018 | 3 | $355,000 | $2,731 |
| 2017 | 3 | $307,500 | $2,427 |
| 2016 | 3 | $320,000 | $2,608 |
Grants Road has 76 houses and 5 units and townhouses. More were built in the 1950s than in any other decade (43%).
Homes on Grants Road that resold in the last five years had been held a median 7.2 years (Marchwiel: 8.3 years).
Time between a home's sales, for 21 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.
Every street in Marchwiel, 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.