43 properties · Newlands, Wellington

Cheltenham Terrace, Newlands

Cheltenham Terrace in Newlands has 43 properties, valued by the council between $485,000 and $880,000 with a median of $750,000 (Newlands: $800,000). Most of its homes were built in the 1980s. We estimate its homes at a median $723,000. The last sale we have was in September 2025, for $413,500.

$750kmedian council valuation
$723kour median estimate
1980median year built
WellingtonNewlands ×Cheltenham Terrace ×

43 properties on Cheltenham Terrace, Newlands

Highest and lowest on Cheltenham Terrace

Highest-valued home22 Cheltenham Terrace$880,000council valuation · 4 bed · 160 m² floor · 1,251 m² land
Lowest-valued home27A Cheltenham Terrace$485,000council valuation · 2 bed · 83 m² floor

Property values on Cheltenham Terrace

The council values Cheltenham Terrace's 34 rated properties between $485,000 and $880,000. The middle half sit between about $588,000 and $779,000; the median is $750,000 and the mean $702,059.

Lowest: $485k$485kLowest10%: $570k20%: $576k20%30%: $600k40%: $706k40%Median: $750k60%: $750k60%70%: $760k80%: $798k80%90%: $844kHighest: $880k$880kHighest
BedroomsHomesMedian council valueSold, last 12 monthsMedian sale
28$570k0—
324$750k0—
42$850k0—

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

Cheltenham Terrace compared with Newlands

Cheltenham Terrace's median council value is 6% below Newlands's.

Cheltenham TerraceNewlandsWellington
Median council value$750k$800k$900k
Median section500 m²534 m²570 m²
Median year built198019701970
Council value per m² of floor$7k$6k$6k

Cheltenham Terrace 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: too few sales to say (1 sale)20162017: $473k (4 sales)$473k2018: $555k (3 sales)20182019: $630k (3 sales)2020: $578k (4 sales)20202021: too few sales to say (1 sale)2022: $855k (2 sales)$855k20222024: $770k (2 sales)2025: $515k (3 sales, this year so far)$515k2025
Sales by year as a table
YearSalesMedian pricePer m² floor
20253$515,000$6,059
20242$770,000$8,875
20222$855,000$9,403
20211$752,751$9,409
20204$578,430$6,814
20193$630,000$5,250
20183$555,000$5,100
20174$473,000$5,656
20161$370,000$4,625

Recent sales on Cheltenham Terrace

The homes on Cheltenham Terrace

Cheltenham Terrace has 22 houses and 14 units and townhouses. Most were built in the 1980s (71%).

1970s: 10 (10 homes)101970s1980s: 24 (24 homes)241980s

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