9 properties · Te Ārai, Wellsford

Lake Road, Te Ārai

Lake Road in Te Ārai has 9 properties, valued by the council between $810,000 and $5,325,000 with a median of $1,550,000 (Te Ārai: $1,412,500). More of its homes were built in the 2000s than in any other decade. We estimate its homes at a median $1,335,000. The last sale we have was in March 2023, for $1,405,000.

$1.55mmedian council valuation
$1.33mour median estimate
2000median year built

Highest and lowest on Lake Road

Highest-valued home114 Lake Road$5,325,000council valuation · 1,626,272 m² land
Lowest-valued home110 Lake Road$810,000council valuation · 4 bed · 170 m² floor · 10,318 m² land

Property values on Lake Road

The council values Lake Road's 7 rated properties between $810,000 and $5,325,000. The middle half sit between about $1,225,000 and $2,050,000; the median is $1,550,000 and the mean $2,033,571.

Lowest: $810k$810kLowest10%: $1.06m20%: $1.23m20%30%: $1.23m40%: $1.35m40%Median: $1.55m60%: $1.85m60%70%: $2.05m80%: $2.05m80%90%: $3.36mHighest: $5.33m$5.33mHighest
BedroomsHomesMedian council valueSold, last 12 monthsMedian sale
32$1.39m0—
42$1.02m0—
5+2$2.05m0—

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

Lake Road compared with Te Ārai

Lake Road's median council value is 10% above Te Ārai's.

Lake RoadTe ĀraiWellsford
Median council value$1.55m$1.41m$830k
Median section18,157 m²18,072 m²10,435 m²
Median year built200020001980
Council value per m² of floor$7k$7k$6k

Recent sales on Lake Road

  • 55 Lake Road$1,405,00015 Mar 2023 · 3 bed · 137 m² floor · 16,854 m² land
  • 110 Lake Road$540,0005 Dec 2019 · 4 bed · 170 m² floor · 10,318 m² land
  • 55 Lake Road$280,00022 May 2016 · 3 bed · 137 m² floor · 16,854 m² land
  • 65A Lake Road$300,0007 Jun 2005 · 4 bed · 163 m² floor · 12,036 m² land
  • 48 Lake Road$275,0002 Oct 2002 · 5 bed · 328 m² floor · 47,770 m² land
  • 21 Lake Road$345,0008 Feb 1999 · 5 bed · 388 m² floor · 72,050 m² land
  • 110 Lake Road$140,00029 Sept 1996 · 4 bed · 170 m² floor · 10,318 m² land
  • 21 Lake Road$52,0008 Mar 1990 · 5 bed · 388 m² floor · 72,050 m² land

The homes on Lake Road

Lake Road has 9 houses. More were built in the 2000s than in any other decade (33%).

1960s: 1 (1 home)11960s1990s: 1 (1 home)1990s2000s: 2 (2 homes)22000s2010s: 2 (2 homes)22010s

Building and resource consents on Lake Road

3resource consents in the last 5 years
  • 55 Lake Road20 Dec 2023 · Resource consentTo construct a new swimming pool, deck and retaining within the Outstanding Natural Landscapes overlay area, and infringing the minimum side yard in the Rural Production Zone.
  • 114 Lake Road18 Mar 2022 · Resource consentTo undertake a boundary adjustment between two adjoining rural sites
  • 205 Lake Road27 Jan 2022 · Resource consentUse of part of the site as a contractors yard.

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