Valuation No.

18010-04401

Location

42 Colville Street, Masterton

Legal Description

LOT 1 DP 575125

Certificate of Title

1054267

Ward No.

2

Zone

9A

Use

91

Category

RD197

TORAS

111000

Property Area (hectares)

0.1422

Current Rating Valuation

As valued at 1 September 2023

Land Value

$295,000

Improvements Value

$125,000

Capital Value

$420,000

Nature of Improvements

New Rating Valuation

As valued at 1 September 2023

New Land Value

$295,000

New Improvements Value

$125,000

New Capital Value

$420,000

New Nature of Improvements

Rates Information

Current Rating Year

2024/2025

Current Year Rates Instalments

Instalment 1.

$879.20

Instalment 2.

$879.20

Instalment 3.

$879.30

Instalment 4.

$879.20

Current Year's Rates

$3,516.90

Previous Year's Rates

$3,326.30

Rates for Current Year 2024/2025

Type Description (Basis) Factor Rate Estimated Amt
001 Roading rate (L) 295,000.00 0.001273 $375.50
016 Civic Amenities rate (C) 420,000.00 0.000663 $278.50
026 Urban Wastewater rate (C) 420,000.00 0.000965 $405.30
031 Sundry Facilities rate (C) 420,000.00 0.000487 $204.50
041 Water rate (C) 420,000.00 0.000658 $276.40
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) 420,000.00 0.0005131 $215.50
091 GWRC Public Transport (C) 420,000.00 0.0003035 $127.50
101 GWRC Wellington Regional Economic Devleopment (U) 1.00 17.25 $17.30
111 Representation & Development (C) 420,000.00 0.000418 $175.60
121 Regulatory Services rate (C) 420,000.00 0.000557 $233.90
201 GWRC Te Kauru River Management (C) 420,000.00 0.0000544 $22.90
Total $3,516.90

History

Year Land Value Capital Value Annual Rates
2023/2024 $270,000 $400,000 $3,326.30
2022/2023 $270,000 $400,000 $3,102.40
2021/2022 $385,000 $500,000 $3,460.20
2020/2021 $215,000 $365,000 $3,244.90
2019/2020 $215,000 $365,000 $3,175.70
2018/2019 $215,000 $365,000 $3,048.90
2017/2018 $180,000 $285,000 $2,932.10
2016/2017 $180,000 $285,000 $2,874.10
2015/2016 $180,000 $285,000 $2,797.50
2014/2015 $180,000 $285,000 $2,712.20