Valuation No.

18010-03700

Location

2 Mary Street, Masterton

Legal Description

LOT 1 D P 21170

Certificate of Title

884/27

Ward No.

2

Zone

9A

Use

91

Category

RD197

TORAS

121000

Property Area (hectares)

0.1025

Current Rating Valuation

As valued at 1 September 2023

Land Value

$250,000

Improvements Value

$195,000

Capital Value

$445,000

Nature of Improvements

New Rating Valuation

As valued at 1 September 2023

New Land Value

$250,000

New Improvements Value

$195,000

New Capital Value

$445,000

New Nature of Improvements

Rates Information

Current Rating Year

2024/2025

Current Year Rates Instalments

Instalment 1.

$893.80

Instalment 2.

$893.70

Instalment 3.

$893.80

Instalment 4.

$893.70

Current Year's Rates

$3,575.00

Previous Year's Rates

$3,386.00

Rates for Current Year 2024/2025

Type Description (Basis) Factor Rate Estimated Amt
001 Roading rate (L) 250,000.00 0.001273 $318.30
016 Civic Amenities rate (C) 445,000.00 0.000663 $295.00
026 Urban Wastewater rate (C) 445,000.00 0.000965 $429.40
031 Sundry Facilities rate (C) 445,000.00 0.000487 $216.70
041 Water rate (C) 445,000.00 0.000658 $292.80
046 Annual charge () 1.00 545.00 $545.00
056 Roading charge () 1.00 85.00 $85.00
061 Recycling Collection charge () 1.00 105.00 $105.00
066 Water Supply charge () 1.00 180.00 $180.00
070 Urban Wastewater charge () 1.00 269.00 $269.00
086 GWRC General (C) 445,000.00 0.0005131 $228.30
091 GWRC Public Transport (C) 445,000.00 0.0003035 $135.10
101 GWRC Wellington Regional Economic Devleopment (U) 1.00 17.25 $17.30
111 Representation & Development (C) 445,000.00 0.000418 $186.00
121 Regulatory Services rate (C) 445,000.00 0.000557 $247.90
201 GWRC Te Kauru River Management (C) 445,000.00 0.0000544 $24.20
Total $3,575.00

History

Year Land Value Capital Value Annual Rates
2023/2024 $225,000 $425,000 $3,386.00
2022/2023 $225,000 $425,000 $3,158.00
2021/2022 $225,000 $425,000 $2,931.10
2020/2021 $126,000 $290,000 $2,656.30
2019/2020 $126,000 $290,000 $2,606.70
2018/2019 $126,000 $290,000 $2,499.00
2017/2018 $105,000 $220,000 $2,391.40
2016/2017 $105,000 $220,000 $2,350.10
2015/2016 $105,000 $220,000 $2,287.90
2014/2015 $102,000 $190,000 $2,046.60