7 properties · Ngaio, Wellington

Preston Way, Ngaio

Preston Way in Ngaio has 7 properties, valued by the council between $740,000 and $1,180,000 with a median of $1,050,000 (Ngaio: $950,000). More of its homes were built in the 1960s than in any other decade. We estimate its homes at a median $986,000. The last sale we have was in May 2021, for $1,131,000.

$1.05mmedian council valuation
$986kour median estimate
1970median year built

Highest and lowest on Preston Way

Highest-valued home7 Preston Way$1,180,000council valuation · 4 bed · 189 m² floor · 810 m² land
Lowest-valued home6 Preston Way$740,000council valuation · 3 bed · 110 m² floor · 552 m² land

Property values on Preston Way

The council values Preston Way's 7 rated properties between $740,000 and $1,180,000. The middle half sit between about $810,000 and $1,130,000; the median is $1,050,000 and the mean $978,571.

Lowest: $740k$740kLowest10%: $764k20%: $792k20%30%: $828k40%: $924k40%Median: $1.05m60%: $1.09m60%70%: $1.12m80%: $1.14m80%90%: $1.16mHighest: $1.18m$1.18mHighest
BedroomsHomesMedian council valueSold, last 12 monthsMedian sale
32$760k0—
45$1.11m0—

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

Preston Way compared with Ngaio

Preston Way's median council value is 11% above Ngaio's.

Preston WayNgaioWellington
Median council value$1.05m$950k$900k
Median section787 m²591 m²569 m²
Median year built197019601970
Council value per m² of floor$6k$7k$6k

Recent sales on Preston Way

  • 9 Preston Way$1,131,0006 May 2021 · 4 bed · 140 m² floor · 787 m² land
  • 8 Preston Way$1,185,00016 Jun 2020 · 4 bed · 160 m² floor · 955 m² land
  • 8 Preston Way$955,00014 Mar 2017 · 4 bed · 160 m² floor · 955 m² land
  • 11 Preston Way$645,50012 May 2015 · 4 bed · 210 m² floor · 834 m² land
  • 8 Preston Way$520,00013 Feb 2013 · 4 bed · 160 m² floor · 955 m² land
  • 9 Preston Way$485,0008 Feb 2011 · 4 bed · 140 m² floor · 787 m² land
  • 7 Preston Way$635,00020 Apr 2009 · 4 bed · 189 m² floor · 810 m² land
  • 7 Preston Way$640,00028 Jun 2007 · 4 bed · 189 m² floor · 810 m² land
  • 9 Preston Way$391,0006 Dec 2006 · 4 bed · 140 m² floor · 787 m² land
  • 11 Preston Way$605,00022 Aug 2006 · 4 bed · 210 m² floor · 834 m² land
  • 9 Preston Way$205,00023 Oct 2001 · 4 bed · 140 m² floor · 787 m² land
  • 11 Preston Way$380,00028 Jul 2001 · 4 bed · 210 m² floor · 834 m² land
  • 11 Preston Way$45,00026 May 1999 · 4 bed · 210 m² floor · 834 m² land
  • 7 Preston Way$270,0006 Oct 1998 · 4 bed · 189 m² floor · 810 m² land
  • 7 Preston Way$252,50024 May 1997 · 4 bed · 189 m² floor · 810 m² land
  • 7 Preston Way$175,00029 Mar 1996 · 4 bed · 189 m² floor · 810 m² land
  • 9 Preston Way$127,00015 Feb 1994 · 4 bed · 140 m² floor · 787 m² land
  • 6 Preston Way$131,50010 Sept 1993 · 3 bed · 110 m² floor · 552 m² land
  • 3 Preston Way$135,00010 May 1991 · 4 bed · 186 m² floor · 534 m² land
  • 4 Preston Way$154,00015 Dec 1989 · 3 bed · 113 m² floor · 604 m² land

The homes on Preston Way

Preston Way has 7 houses. More were built in the 1960s than in any other decade (43%).

1960s: 3 (3 homes)31960s1970s: 3 (3 homes)1970s2000s: 1 (1 home)12000s

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