Valuation No.

18010-04800

Location

24 & 24A Colville Street, Masterton

Legal Description

LOT 1 DP 473892

Certificate of Title

648777

Ward No.

2

Zone

9A

Use

92

Category

RNXXX

TORAS

111000

Property Area (hectares)

0.0650

Current Rating Valuation

As valued at 1 September 2023

Land Value

$210,000

Improvements Value

$470,000

Capital Value

$680,000

Nature of Improvements

New Rating Valuation

As valued at 1 September 2023

New Land Value

$210,000

New Improvements Value

$470,000

New Capital Value

$680,000

New Nature of Improvements

Rates Information

Current Rating Year

2024/2025

Current Year Rates Instalments

Instalment 1.

$1,448.40

Instalment 2.

$1,448.40

Instalment 3.

$1,448.40

Instalment 4.

$1,448.30

Current Year's Rates

$5,793.50

Previous Year's Rates

$5,271.80

Rates for Next Year 2025/2026

Type Description (Basis) Factor Rate Estimated Amt
001 Roading rate (L) 210,000.00 0.001462 $307.02
016 Civic Amenities rate (C) 680,000.00 0.000682 $463.76
026 Urban Wastewater rate (C) 680,000.00 0.000987 $671.16
031 Sundry Facilities rate (C) 680,000.00 0.000503 $342.04
041 Water rate (C) 680,000.00 0.000701 $476.68
046 Annual charge () 2.00 571.40 $1,142.80
056 Roading charge () 2.00 102.40 $204.80
061 Recycling Collection charge () 2.00 99.00 $198.00
066 Water Supply charge () 2.00 192.40 $384.80
070 Urban Wastewater charge () 2.00 277.20 $554.40
086 GWRC General (C) 680,000.00 0.0005127 $348.64
091 GWRC Public Transport (C) 680,000.00 0.0003181 $216.31
096 GWRC Stadium Purposes (C) 680,000.00 0.0000009 $0.61
101 GWRC Wellington Regional Economic Devleopment (U) 1.00 17.25 $17.25
111 Representation & Development (C) 680,000.00 0.000433 $294.44
121 Regulatory Services rate (C) 680,000.00 0.000604 $410.72
201 GWRC Te Kauru River Management (C) 680,000.00 0.0000717 $48.76
Total $6,082.18

History

Year Land Value Capital Value Annual Rates
2023/2024 $190,000 $630,000 $5,271.80
2022/2023 $190,000 $630,000 $4,926.00
2021/2022 $190,000 $630,000 $4,567.00
2020/2021 $106,000 $490,000 $4,520.50
2019/2020 $106,000 $490,000 $4,452.00
2018/2019 $106,000 $490,000 $4,259.30
2017/2018 $88,000 $400,000 $4,270.50
2016/2017 $88,000 $400,000 $4,202.60
2015/2016 $88,000 $190,000 $2,089.50
2014/2015 $88,000 $150,000 $1,810.00