Stoke, Nelson · Nelson City
Last sold Mar 2021
We estimate it would sell for $720,000 as at 5 October 2026, in a range of $647,000 to $820,000.
| Council valuation, Sept 2024 | $730,000 |
|---|---|
| Market movement in Nelson City since the council valuation | −0.9% |
| Apartments and houses in Nelson City | −0.1% |
| How Stoke sells against council values | +1.3% |
| Homes in this price range | −0.1% |
| Land as a share of the value | +0.2% |
| Nearby recent sales (15) | −1.7% |
| Our estimate | $720,000 |
We start from the council's rating valuation, move it by how sales in the area have moved since against their own council values, then by how properties like this one, nearby sales and its own last sale have done against the same arithmetic. Each step is an average of real sales. Tested every month against sales we had not seen: half land within about 6% of our estimate, and about 8 in 10 within the range. This is an automated estimate, not a registered valuation.
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Estimates from the floor area and typical New Zealand prices, not quotes. Power, gas and internet details from the Electricity Authority and Gas Industry Co registries and Chorus.
| Rent, 52 weeks | $33,540 |
|---|---|
| Empty between tenants 2 weeks | −$1,290 |
| Property management 9.2% incl. GST | −$2,967 |
| Maintenance 5% of rent | −$1,677 |
| Council rates this year | Not known |
| Landlord insurance the building | Not known |
| Net income before interest | $27,606 |
| Interest $504,000 at 6.00%, interest only | −$30,240 |
| Cash flow before tax | −$2,634 |
The rent covers the interest at rates up to 5.48%. That is -1.2% a year on a $216k deposit. A guide before tax and capital growth, from our estimates; not financial advice.
From the council’s rating records and the other sources noted on hover. Bedrooms and bathrooms may come from a past listing. Built is the decade the valuer records.
Owners and the parties to each instrument are not published on this page. Order the record of title to see them.
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What the council's published maps say about this land. A map is a model of a storm, not a record of one: a LIM or a flood report says more.
The hazard maps could not be read just now.
See whether a granny flat fits beside the house: the Building Act exemption, the national granny flat rules and the zone’s own. Then ask builders to price the shape you pick.
7 people looked at properties in Stoke this week.
Counts describe the records we hold for this territorial authority, not a market forecast. Our estimate above is automated, not a registered valuation; how it was reached is shown with it. Every council figure on this page can be checked against the council's own record.
The OwnBetter estimate is our own, from sales and council valuations, and is not a registered valuation.
A single search across NZ property records finds other titles in your name and in companies you are a director of. Most owners find at least one they had forgotten was held somewhere else.