Estimate

40 Lerwick Terrace, Melrose, Wellington

HomesEstimate: $1.08M - $1.22M

4 Beds
2 Baths
2 Parks

Ownership type (Council record): Freehold

Floor Area (Council record): 174m² more or less

Land area (Council record): 555m² more or less

Bedrooms (Council record): 4 Bedrooms

Bathrooms (Council record): 2 Bathrooms

Garage parking (Council record): 2 Garage parking

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HomesEstimate

Updated: 14 May 2026

$1.08M - $1.22M

What is the HomesEstimate?

RentEstimate

Updated: 02 May 2026

$700 - $930 /week

Rental yield

3.7%

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

01 September 2024
Capital Value
$1,090,000
01 September 2021
Capital Value
$1,470,000
01 September 2018
Capital Value
$980,000
01 September 2015
Capital Value
$690,000
01 September 2012
Capital Value
$630,000
08 April 2009
Sold
$625,000
S11
04 October 2004
Sold
$482,000
S11
03 May 2002
Sold
$346,000
S11
16 January 2000
Sold
$340,000
S12
09 August 1998
Sold
$185,000
S11
27 May 1997
Sold
$N/A
S13
30 June 1995
Sold
$N/A
S13
14 July 1994
Sold
$N/A
S13
19 December 1989
Sold
$150,000
S11
27 January 1987
Sold
$114,000
S11
15 August 1986
Sold
$N/A
S13
15 September 1983
Sold
$48,000
S11
16 April 1982
Sold
$36,000
S11
01 January 1920
Decade built
1920

Local Schools

IN ZONE lyall bay school
Freyberg Street
256 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
506 m
Secondary (Year 9-13) (Secondary), State : Integrated, 207 enrolled
UNZONED st patrick's school (kilbirnie)
5 Childers Terrace
636 m
Full Primary (Primary & Intermediate), State : Integrated, 124 enrolled
UNZONED rongotai college
Coutts Street
755 m
Secondary (Year 9-13) (Secondary), State, 726 enrolled
UNZONED lyall bay kindergarten
89 Apu Crescent
789 m
Free Kindergarten (Early Childhood), Community based, 54 enrolled
UNZONED te kōhanga reo o ngā mokopuna
168 Coutts Street
819 m
Te Kōhanga Reo (Early Childhood), Community based, 18 enrolled
UNZONED te kōhanga reo o te kaahui
135 - 137 Owen Street
852 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 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
OUT OF ZONE wellington college
Dufferin Street
2.3 km
Secondary (Year 9-13) (Secondary), State, 1940 enrolled
UNZONED scots college
1 Monorgan Road
2.3 km
Composite (Year 1-13) (Primary, Intermediate & Secondary), Private : Fully Registered, 1136 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.