22 properties · Newlands, Wellington

Promontory Crescent, Newlands

Promontory Crescent in Newlands has 22 properties, valued by the council between $730,000 and $1,690,000 with a median of $1,250,000 (Newlands: $800,000). Most of its homes were built in the 2010s. We estimate its homes at a median $1,240,000. The last sale we have was in April 2025, for $1,675,000.

$1.25mmedian council valuation
$1.24mour median estimate
2010median year built
WellingtonNewlands ×Promontory Crescent ×

22 properties on Promontory Crescent, Newlands

Highest and lowest on Promontory Crescent

Highest-valued home23 Promontory Crescent$1,690,000council valuation · 4 bed · 219 m² floor · 644 m² land
Lowest-valued home27 Promontory Crescent$730,000council valuation · 673 m² land

Property values on Promontory Crescent

The council values Promontory Crescent's 21 rated properties between $730,000 and $1,690,000. The middle half sit between about $1,125,000 and $1,445,000; the median is $1,250,000 and the mean $1,248,571.

Lowest: $730k$730kLowest10%: $900k20%: $1.11m20%30%: $1.14m40%: $1.18m40%Median: $1.25m60%: $1.35m60%70%: $1.43m80%: $1.46m80%90%: $1.48mHighest: $1.69m$1.69mHighest
BedroomsHomesMedian council valueSold, last 12 monthsMedian sale
31$1.11m0—
415$1.26m0—
5+2$1.45m0—

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

Promontory Crescent compared with Newlands

Promontory Crescent's median council value is 56% above Newlands's.

Promontory CrescentNewlandsWellington
Median council value$1.25m$800k$900k
Median section630 m²534 m²569 m²
Median year built201019701970
Council value per m² of floor$6k$6k$6k

Promontory Crescent 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: $391k (11 sales)$391k20172018: $953k (8 sales)20182021: too few sales to say (1 sale)20212022: too few sales to say (1 sale)20222023: $1.24m (3 sales)$1.24m20232024: too few sales to say (1 sale)20242025: too few sales to say (1 sale, this year so far)2025
Sales by year as a table
YearSalesMedian pricePer m² floor
20251$1,675,000$5,898
20241$700,000—
20233$1,242,000$6,958
20221$1,830,000$8,356
20211$1,800,000$7,826
20188$952,653$4,601
201711$391,304$1,725
20161$300,000$1,485

Recent sales on Promontory Crescent

The homes on Promontory Crescent

Promontory Crescent has 20 houses and 2 sections. Most were built in the 2010s (74%).

2010s: 14 (14 homes)142010s2020s: 5 (5 homes)52020s

Building and resource consents on Promontory Crescent

4building consents in the last 5 years
  • 3 Promontory Crescent1 Oct 2025 · Building consentR3 - new two-storey detached dwg.
  • 14 Promontory Crescent1 Jun 2024 · Building consentR2 - extension including 2 bedrooms, bathrm to existing 2 storey detached dwg.
  • 29 Promontory Crescent1 May 2023 · Building consentR1 - proposed additions for new living space, kitchen & covered outdoor area
  • 3 Promontory Crescent1 Dec 2021 · Building consentR3 - new two storey detached dwg. Retaining walls & parapet roof

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