Estimate

38 Lerwick Terrace, Melrose, Wellington

HomesEstimate: $1.19M - $1.34M

4 Beds
2 Baths
4 Parks

Freehold

184m² more or less

573m² more or less

4 Bedrooms

2 Bathrooms

4 Garage parking

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HomesEstimate

Updated: 16 Apr 2026

$1.19M - $1.34M

What is the HomesEstimate?

RentEstimate

Updated: 02 Apr 2026

$620 - $810 /week

Rental yield

2.9%

What is rental yield?

These are computer-generated price estimates.
To understand your home’s value, get an appraisal from a local agent.

Sale history timeline

13 May 2026

Capital Value

$1,200,000

01 September 2024

Capital Value

$1,200,000

26 November 2023

Sold

$1,295,000

01 September 2021

Capital Value

$1,750,000

16 April 2021

Sold

$1,662,000

01 September 2018

Capital Value

$1,150,000

01 September 2015

Capital Value

$820,000

01 September 2012

Capital Value

$760,000

15 April 2005

Sold

$595,000

10 June 2002

Sold

$470,500

07 August 1998

Sold

$161,500

27 May 1997

Sold

$N/A

30 June 1994

Sold

$N/A

01 July 1993

Sold

$N/A

12 January 1990

Sold

$N/A

21 February 1987

Sold

$66,000

01 January 1920

Decade built

1920

Local Schools

IN ZONE lyall bay school
Freyberg Street
243 m
Contributing (Primary), State, 307 enrolled
IN ZONE evans bay intermediate
14 Kemp Street
916 m
Intermediate (Intermediate), State, 349 enrolled
IN ZONE wellington east girls' college
Austin Street
2.3 km
Secondary (Year 9-13) (Secondary), State, 1016 enrolled

IN ZONE wellington high school and com ed centre
Taranaki Street
2.8 km
Secondary (Year 9-13) (Secondary), State, 1679 enrolled
IN ZONE st oran's college
550 High Street
16.8 km
Secondary (Year 7-13) (Intermediate & Secondary), State : Integrated, 507 enrolled
IN ZONE hutt international boys' school
Granville Street
28.8 km
Secondary (Year 7-13) (Intermediate & Secondary), State : Integrated, 655 enrolled
UNZONED st catherines college (kilbirnie)
14 Upper Bourke Street
512 m
Secondary (Year 9-13) (Secondary), State : Integrated, 207 enrolled
UNZONED st patrick's school (kilbirnie)
5 Childers Terrace
638 m
Full Primary (Primary & Intermediate), State : Integrated, 124 enrolled
UNZONED rongotai college
Coutts Street
742 m
Secondary (Year 9-13) (Secondary), State, 726 enrolled
UNZONED lyall bay kindergarten
89 Apu Crescent
774 m
Free Kindergarten (Early Childhood), Community based, 54 enrolled
UNZONED te kōhanga reo o ngā mokopuna
168 Coutts Street
806 m
Te Kōhanga Reo (Early Childhood), Community based, 18 enrolled
UNZONED te kōhanga reo o te kaahui
135 - 137 Owen Street
867 m
Te Kōhanga Reo (Early Childhood), Community based, 27 enrolled
UNZONED st patrick's college (kilbirnie)
581 Evans Bay Parade
1 km
Secondary (Year 9-13) (Secondary), State : Integrated, 731 enrolled
UNZONED wellington south kindergarten
103 Owen Street
1.1 km
Free Kindergarten (Early Childhood), Community based, 28 enrolled
UNZONED south wellington intermediate
30 Waripori Street
1.1 km
Intermediate (Intermediate), State, 373 enrolled
UNZONED newtown playcentre
3 Harper Street
1.1 km
Playcentre (Early Childhood), Community based, 24 enrolled
OUT OF ZONE houghton valley school
110 Houghton Bay Road
1.3 km
Contributing (Primary), State, 188 enrolled
UNZONED st annes school (newtown)
14 Daniell Street
1.5 km
Full Primary (Primary & Intermediate), State : Integrated, 213 enrolled
OUT OF ZONE berhampore school
105 Britomart Street
1.5 km
Contributing (Primary), State, 267 enrolled
OUT OF ZONE kilbirnie school
72 Hamilton Road
1.6 km
Contributing (Primary), State, 197 enrolled
UNZONED st francis de sales school (is bay)
11 Mersey Street
2.2 km
Full Primary (Primary & Intermediate), State : Integrated, 204 enrolled
UNZONED scots college
1 Monorgan Road
2.3 km
Composite (Year 1-13) (Primary, Intermediate & Secondary), Private : Fully Registered, 1136 enrolled
OUT OF ZONE wellington college
Dufferin Street
2.3 km
Secondary (Year 9-13) (Secondary), State, 1940 enrolled

While we've done our best to correctly list schools in this location, school zone information may not be exact, so please double check with the school.