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
TimaruOceanview ×Lancewood Terrace ×

21 properties on Lancewood Terrace, Oceanview

Highest and lowest on Lancewood Terrace

Highest-valued home17 Lancewood Terrace$1,450,000council valuation · 254 m² floor · 483 m² land
Lowest-valued home15 Lancewood Terrace$310,000council valuation · 762 m² land
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.

Lowest: $310k$310kLowest10%: $790k20%: $850k20%30%: $870k40%: $880k40%Median: $930k60%: $960k60%70%: $1.06m80%: $1.1m80%90%: $1.2mHighest: $1.45m$1.45mHighest
BedroomsHomesMedian council valueSold, last 12 monthsMedian sale
32$980k1—
49$930k1—
5+1$1.17m0—

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 TerraceOceanviewTimaru
Median council value$930k$520k$495k
Median sale, last 12 months$1.08m$583k$534k
Sold in the last 12 months19%8.2%4.1%
Time between sales5.0 yrs5.5 yrs8.2 yrs
Median section882 m²714 m²754 m²
Median year built201019701960
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.

2016: $219k (4 sales)$219k2017: $240k (5 sales)20172018: $212k (2 sales)2019: $225k (3 sales)20192020: $235k (5 sales)2021: $255k (6 sales)20212022: too few sales to say (1 sale)2023: too few sales to say (1 sale)20232025: $1.06m (3 sales)2026: $1.16m (2 sales, this year so far)$1.16m2026
Sales by year as a table
YearSalesMedian pricePer m² floor
20262$1,155,000$4,254
20253$1,057,500$4,352
20231$950,000$4,095
20221$320,000$1,600
20216$255,000$1,711
20205$235,000$1,291
20193$225,000$1,125
20182$212,250$1,051
20175$240,000$2,032
20164$218,500$863

Recent sales on Lancewood Terrace

The homes on Lancewood Terrace

Lancewood Terrace has 20 houses and 1 section. Most were built in the 2010s (70%).

2010s: 14 (14 homes)142010s2020s: 6 (6 homes)62020s

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

12building consents in the last 5 years
1resource consents in the last 5 years

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

Agents who sold on Lancewood Terrace

The real estate agents credited on Lancewood Terrace sales since 2016, most first. Selling here? These are the agents who have sold your neighbours' homes. A count of sales, not a rating. Every agent who sold in Oceanview.

  1. Julian BlanchardHarcourts Timaru
    13 sales on Lancewood Terrace · last Oct 2025
  2. Lee-Anne JohnsRaine & Horne Timaru
    2 sales on Lancewood Terrace · last Feb 2026
  3. Tracey ShawHarcourts Timaru
    1 sale on Lancewood Terrace · last May 2023

29 sales on Lancewood Terrace since 2016; 16 of them name an agent we can show, and the counts here are taken from those.

Every address on Lancewood Terrace

21

About property on Lancewood Terrace, Oceanview

Every property in Lancewood Terrace, Oceanview, whether it is for sale or not: homes, sections, farms, lifestyle blocks, shops, offices and industrial land. Each is listed from the council rating roll and Toitū Te Whenua LINZ, with the listing beside it when an agent is marketing it.

Each property has its own page: our estimate of its value beside the council rating valuation, past sale prices, the title and land area, zoning and hazards, building consents, and what it would cost to own.

Listings are published by the agents who market them. Addresses, land details and rating valuations come from Toitū Te Whenua Land Information New Zealand and from the council. No ownership information is published.

Header photo: Tegan Conway on Unsplash (licence).