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

2025/2026

Current Year's Rates

$0.00

Previous Year's Rates

$4,363.20

Rates for Next Year 2026/2027

Type Description (Basis) Factor Rate Estimated Amt
001 Roading rate (L) 220,000.00 0.001462 $321.64
016 Civic Amenities rate (C) 480,000.00 0.000682 $327.36
026 Urban Wastewater rate (C) 480,000.00 0.000987 $473.76
031 Sundry Facilities rate (C) 480,000.00 0.000503 $241.44
041 Water rate (C) 480,000.00 0.000701 $336.48
046 Annual charge () 1.00 571.40 $571.40
056 Roading charge () 1.00 102.40 $102.40
061 Recycling Collection charge () 1.00 99.00 $99.00
066 Water Supply charge () 1.00 192.40 $192.40
070 Urban Wastewater charge () 1.00 277.20 $277.20
086 GWRC General (C) 480,000.00 0.0005127 $246.10
091 GWRC Public Transport (C) 480,000.00 0.0003181 $152.69
096 GWRC Stadium Purposes (C) 480,000.00 0.0000009 $0.43
101 GWRC Wellington Regional Economic Devleopment (U) 1.00 17.25 $17.25
105 Warm Greater Wellington Rate (U) 4,180.33 0.15000 $627.05
111 Representation & Development (C) 480,000.00 0.000433 $207.84
121 Regulatory Services rate (C) 480,000.00 0.000604 $289.92
201 GWRC Te Kauru River Management (C) 480,000.00 0.0000717 $34.42
Total $4,518.77

History

Year Land Value Capital Value Annual Rates
2024/2025 $220,000 $480,000 $4,363.20
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