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 Next Year 2025/2026

Type Description (Basis) Factor Rate Estimated Amt
001 Roading rate (L) 500,000.00 0.001536 $768.00
016 Civic Amenities rate (C) 500,000.00 0.000682 $341.00
026 Urban Wastewater rate (C) 500,000.00 0.000984 $492.00
031 Sundry Facilities rate (C) 500,000.00 0.000488 $244.00
041 Water rate (C) 500,000.00 0.000689 $344.50
046 Annual charge () 1.00 575.00 $575.00
056 Roading charge () 1.00 99.00 $99.00
086 GWRC General (C) 500,000.00 0.0005127 $256.35
091 GWRC Public Transport (C) 500,000.00 0.0003181 $159.05
096 GWRC Stadium Purposes (C) 500,000.00 0.0000009 $0.45
101 GWRC Wellington Regional Economic Devleopment (U) 1.00 17.25 $17.25
111 Representation & Development (C) 500,000.00 0.000441 $220.50
121 Regulatory Services rate (C) 500,000.00 0.000634 $317.00
201 GWRC Te Kauru River Management (C) 500,000.00 0.0000717 $35.85
Total $3,869.95

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