Valuation No.

18010-04902

Location

18 Colville Street, Masterton

Legal Description

LOT 2 DP 43880

Certificate of Title

Ward No.

2

Zone

9A

Use

91

Category

RD197

TORAS

111000

Property Area (hectares)

0.0673

Current Rating Valuation

As valued at 1 September 2023

Land Value

$220,000

Improvements Value

$260,000

Capital Value

$480,000

Nature of Improvements

New Rating Valuation

As valued at 1 September 2023

New Land Value

$220,000

New Improvements Value

$260,000

New Capital Value

$480,000

New Nature of Improvements

Rates Information

Current Rating Year

2024/2025

Current Year Rates Instalments

Instalment 1.

$1,090.80

Instalment 2.

$1,090.80

Instalment 3.

$1,090.80

Instalment 4.

$1,090.80

Current Year's Rates

$4,363.20

Previous Year's Rates

$4,165.60

Rates for Current Year 2024/2025

Type Description (Basis) Factor Rate Estimated Amt
001 Roading rate (L) 220,000.00 0.001273 $280.10
016 Civic Amenities rate (C) 480,000.00 0.000663 $318.20
026 Urban Wastewater rate (C) 480,000.00 0.000965 $463.20
031 Sundry Facilities rate (C) 480,000.00 0.000487 $233.80
041 Water rate (C) 480,000.00 0.000658 $315.80
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) 480,000.00 0.0005131 $246.30
091 GWRC Public Transport (C) 480,000.00 0.0003035 $145.70
101 GWRC Wellington Regional Economic Devleopment (U) 1.00 17.25 $17.30
105 Warm Greater Wellington Rate (U) 4,431.47 0.15000 $664.70
111 Representation & Development (C) 480,000.00 0.000418 $200.60
121 Regulatory Services rate (C) 480,000.00 0.000557 $267.40
201 GWRC Te Kauru River Management (C) 480,000.00 0.0000544 $26.10
Total $4,363.20

History

Year Land Value Capital Value Annual Rates
2023/2024 $200,000 $455,000 $4,165.60
2022/2023 $200,000 $455,000 $3,929.50
2021/2022 $200,000 $455,000 $3,691.70
2020/2021 $112,000 $320,000 $3,468.30
2019/2020 $112,000 $320,000 $3,419.70
2018/2019 $112,000 $320,000 $3,304.70
2017/2018 $93,000 $245,000 $3,176.10
2016/2017 $93,000 $245,000 $2,466.20
2015/2016 $93,000 $245,000 $2,398.80
2014/2015 $93,000 $245,000 $2,307.40