Estimate $1.24m – $1.65m
17 Lancewood Terrace, Oceanview
21 properties · Oceanview, Timaru
Lancewood Terrace, Oceanview
Lancewood Terrace in Oceanview has 21 properties, valued by the council between $310,000 and $1,450,000 with a median of $930,000 (Oceanview: $520,000). Most of its homes were built in the 2010s. We estimate its homes at a median $951,000. 4 sold in the last twelve months, for a median $1,078,750. The highest sale in 2026 was 14 Lancewood Terrace, at $1,210,000.
$930kmedian council valuation
$951kour median estimate
$1.08mmedian sale, last 12 months · 4 sales
2010median year built
21 properties on Lancewood Terrace, Oceanview
Estimate $1.07m – $1.35m
4
5 Lancewood Terrace, Oceanview
Estimate $1.08m – $1.37m
4
14 Lancewood Terrace, Oceanview
Estimate $999k – $1.33m
5
1 Lancewood Terrace, Oceanview
Estimate $970k – $1.23m
21 Lancewood Terrace, Oceanview
Estimate $974k – $1.23m
3
7 Lancewood Terrace, Oceanview
Estimate $911k – $1.21m
13 Lancewood Terrace, Oceanview
Estimate $863k – $1.15m
4
23 Lancewood Terrace, Oceanview
Estimate $897k – $1.14m
4
11 Lancewood Terrace, Oceanview
Estimate $820k – $1.09m
19A Lancewood Terrace, Oceanview
Estimate $853k – $1.08m
4
12 Lancewood Terrace, Oceanview
Estimate $815k – $1.03m
4
4 Lancewood Terrace, Oceanview
Estimate $762k – $1.01m
3
8 Lancewood Terrace, Oceanview
Estimate $763k – $1.02m
19 Lancewood Terrace, Oceanview
Estimate $753k – $1.00m
4
10 Lancewood Terrace, Oceanview
Estimate $754k – $1.00m
9 Lancewood Terrace, Oceanview
Estimate $793k – $1.00m
4
6 Lancewood Terrace, Oceanview
Estimate $818k – $1.04m
21A Lancewood Terrace, Oceanview
Estimate $688k – $872k
4
3 Lancewood Terrace, Oceanview
Estimate $574k – $763k
17A Lancewood Terrace, Oceanview
Estimate $260k – $346k
15 Lancewood Terrace, Oceanview
Highest and lowest on Lancewood Terrace
Highest sale in 202614 Lancewood Terrace$1,210,000sold 7 Jul 2026 · 4 bed · 313 m² floor · 1,094 m² land
Property values on Lancewood Terrace
The council values Lancewood Terrace's 21 rated properties between $310,000 and $1,450,000. The middle half sit between about $860,000 and $1,080,000; the median is $930,000 and the mean $948,571.
| Bedrooms | Homes | Median council value | Sold, last 12 months | Median sale |
|---|---|---|---|---|
| 3 | 2 | $980k | 1 | — |
| 4 | 9 | $930k | 1 | — |
| 5+ | 1 | $1.17m | 0 | — |
Council rating valuations: the council's figure for apportioning rates, not a market appraisal.
Lancewood Terrace compared with Oceanview
Lancewood Terrace's median council value is 79% above Oceanview's.
| Lancewood Terrace | Oceanview | Timaru | |
|---|---|---|---|
| Median council value | $930k | $520k | $500k |
| Median sale, last 12 months | $1.08m | $583k | $535k |
| Sold in the last 12 months | 19% | 8.2% | 4.1% |
| Time between sales | 5.0 yrs | 5.5 yrs | 8.2 yrs |
| Median section | 882 m² | 710 m² | 754 m² |
| Median year built | 2010 | 1970 | 1960 |
| Council value per m² of floor | $4k | $4k | $4k |
Lancewood Terrace 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.
Sales by year as a table
| Year | Sales | Median price | Per m² floor |
|---|---|---|---|
| 2026 | 2 | $1,155,000 | $4,254 |
| 2025 | 3 | $1,057,500 | $4,352 |
| 2023 | 1 | $950,000 | $4,095 |
| 2022 | 1 | $320,000 | $1,600 |
| 2021 | 6 | $255,000 | $1,711 |
| 2020 | 5 | $235,000 | $1,291 |
| 2019 | 3 | $225,000 | $1,125 |
| 2018 | 2 | $212,250 | $1,051 |
| 2017 | 5 | $240,000 | $2,032 |
| 2016 | 4 | $218,500 | $863 |
Recent sales on Lancewood Terrace
- 14 Lancewood Terrace$1,210,0007 Jul 2026 · 4 bed · 313 m² floor · 1,094 m² land
- 7 Lancewood Terrace$1,100,0009 Feb 2026 · 3 bed · 237 m² floor · 914 m² land
- 21A Lancewood Terrace$1,057,5009 Oct 2025 · 173 m² floor · 1,047 m² land
- 21 Lancewood Terrace$1,057,5002 Oct 2025 · 243 m² floor · 866 m² land
- 5 Lancewood Terrace$1,165,00029 Apr 2025 · 4 bed · 307 m² floor · 894 m² land
- 12 Lancewood Terrace$950,0008 May 2023 · 4 bed · 232 m² floor · 882 m² land
- 9 Lancewood Terrace$320,00013 Oct 2022 · 200 m² floor · 701 m² land
- 4 Lancewood Terrace$850,0006 Oct 2021 · 4 bed · 213 m² floor · 824 m² land
- 6 Lancewood Terrace$850,00024 Aug 2021 · 4 bed · 182 m² floor · 702 m² land
- 15 Lancewood Terrace$250,00010 Jun 2021 · 762 m² land
- 13 Lancewood Terrace$260,0006 Jun 2021 · 220 m² floor · 809 m² land
- 21A Lancewood Terrace$200,00012 Apr 2021 · 173 m² floor · 1,047 m² land
- 17A Lancewood Terrace$219,0007 Apr 2021 · 128 m² floor · 483 m² land
- 12 Lancewood Terrace$890,00010 Dec 2020 · 4 bed · 232 m² floor · 882 m² land
- 9 Lancewood Terrace$270,0009 Nov 2020 · 200 m² floor · 701 m² land
- 21 Lancewood Terrace$225,00028 Oct 2020 · 243 m² floor · 866 m² land
- 6 Lancewood Terrace$235,00024 Jul 2020 · 4 bed · 182 m² floor · 702 m² land
- 19 Lancewood Terrace$210,00021 Jun 2020 · 214 m² floor · 1,233 m² land
- 9 Lancewood Terrace$225,00027 Mar 2019 · 200 m² floor · 701 m² land
- 10 Lancewood Terrace$240,00015 Feb 2019 · 4 bed · 202 m² floor · 985 m² land
The homes on Lancewood Terrace
Lancewood Terrace has 20 houses and 1 section. Most were built in the 2010s (70%).
How long owners stay on Lancewood Terrace
Homes on Lancewood Terrace that resold in the last five years had been held a median 5.0 years (Oceanview: 5.5 years).
Time between a home's sales, for 8 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 Lancewood Terrace
1resource consents in the last 5 years
- 23 Lancewood Terrace19 Sept 2022 · Resource consentCutting through Recession Plane.
More streets in Oceanview
- Jellicoe Street90
- Cook Street42
- Dampier Street29
- Ellesmere Place24
- Mahoneys Hill Road24
- Tasman Street22
- Mueller Drive20
- Burnett Street18
- Godley Place16
- Beaumont Street14
- Winston Place13
- Hilton Highway6
Every street in Oceanview, 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.