Valuation No.

18010-02600

Location

32A Colville Street, Masterton

Legal Description

PT LOT 58 DP 1628

Certificate of Title

1186561

Ward No.

2

Zone

9A

Use

99

Category

RB

TORAS

111000

Property Area (hectares)

0.2792

Current Rating Valuation

As valued at 1 September 2023

Land Value

$195,000

Improvements Value

$5,000

Capital Value

$200,000

Nature of Improvements

New Rating Valuation

As valued at 1 September 2023

New Land Value

$500,000

New Improvements Value

$0

New Capital Value

$500,000

New Nature of Improvements

New Property Area (hectares)

0.4498

Rates Information

Current Rating Year

2024/2025

Current Year Rates Instalments

Instalment 1.

$454.80

Instalment 2.

$454.80

Instalment 3.

$454.90

Instalment 4.

$454.80

Current Year's Rates

$1,819.30

Previous Year's Rates

$1,649.20

Rates for Current Year 2024/2025

Type Description (Basis) Factor Rate Estimated Amt
001 Roading rate (L) 195,000.00 0.001273 $248.20
016 Civic Amenities rate (C) 200,000.00 0.000663 $132.60
026 Urban Wastewater rate (C) 200,000.00 0.000965 $193.00
031 Sundry Facilities rate (C) 200,000.00 0.000487 $97.40
041 Water rate (C) 200,000.00 0.000658 $131.60
046 Annual charge () 1.00 545.00 $545.00
056 Roading charge () 1.00 85.00 $85.00
086 GWRC General (C) 200,000.00 0.0005131 $102.60
091 GWRC Public Transport (C) 200,000.00 0.0003035 $60.70
101 GWRC Wellington Regional Economic Devleopment (U) 1.00 17.25 $17.30
111 Representation & Development (C) 200,000.00 0.000418 $83.60
121 Regulatory Services rate (C) 200,000.00 0.000557 $111.40
201 GWRC Te Kauru River Management (C) 200,000.00 0.0000544 $10.90
Total $1,819.30

History

Year Land Value Capital Value Annual Rates
2023/2024 $175,000 $180,000 $1,649.20
2022/2023 $175,000 $180,000 $1,536.20
2021/2022 $175,000 $180,000 $1,440.30
2020/2021 $107,000 $112,000 $1,224.90
2019/2020 $107,000 $112,000 $1,180.30
2018/2019 $107,000 $112,000 $1,127.40
2017/2018 $89,000 $94,000 $1,087.00
2016/2017 $89,000 $94,000 $1,081.90
2015/2016 $89,000 $94,000 $1,029.40
2014/2015 $89,000 $94,000 $1,016.30