Valuation No.

18010-04500

Location

38B Colville Street, Masterton

Legal Description

LOT 2 DP 574672 LOT 3 DP 496235

Certificate of Title

1051483

Ward No.

2

Zone

9A

Use

99

Category

RV

TORAS

111000

Property Area (hectares)

0.0880

Current Rating Valuation

As valued at 1 September 2023

Land Value

$200,000

Improvements Value

$30,000

Capital Value

$230,000

Nature of Improvements

New Rating Valuation

As valued at 1 September 2023

New Land Value

$200,000

New Improvements Value

$30,000

New Capital Value

$230,000

New Nature of Improvements

Rates Information

Current Rating Year

2024/2025

Current Year Rates Instalments

Instalment 1.

$329.20

Instalment 2.

$329.20

Instalment 3.

$329.30

Instalment 4.

$329.20

Current Year's Rates

$1,316.90

Previous Year's Rates

$5,640.20

Rates for Next Year 2025/2026

Type Description (Basis) Factor Rate Estimated Amt
001 Roading rate (L) 200,000.00 0.001536 $307.20
016 Civic Amenities rate (C) 230,000.00 0.000682 $156.86
026 Urban Wastewater rate (C) 230,000.00 0.000984 $226.32
031 Sundry Facilities rate (C) 230,000.00 0.000488 $112.24
041 Water rate (C) 230,000.00 0.000689 $158.47
086 GWRC General (C) 230,000.00 0.0005127 $117.92
091 GWRC Public Transport (C) 230,000.00 0.0003181 $73.16
096 GWRC Stadium Purposes (C) 230,000.00 0.0000009 $0.21
111 Representation & Development (C) 230,000.00 0.000441 $101.43
121 Regulatory Services rate (C) 230,000.00 0.000634 $145.82
201 GWRC Te Kauru River Management (C) 230,000.00 0.0000717 $16.49
Total $1,416.12

History

Year Land Value Capital Value Annual Rates
2023/2024 $305,000 $670,000 $5,640.20
2022/2023 $305,000 $670,000 $5,267.00
2021/2022 $305,000 $670,000 $4,887.60
2020/2021 $170,000 $520,000 $4,806.50
2019/2020 $170,000 $520,000 $4,725.10
2018/2019 $170,000 $170,000 $1,914.60
2017/2018 $140,000 $140,000 $1,465.10
2016/2017 $170,000 $325,000 $3,078.70
2015/2016 $170,000 $325,000 $2,994.00
2014/2015 $170,000 $330,000 $2,919.40