Valuation No.

18010-04903

Location

16 Colville Street, Masterton

Legal Description

LOT 3 DP 43880

Certificate of Title

15B/1014

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.

$924.60

Instalment 2.

$924.60

Instalment 3.

$924.70

Instalment 4.

$924.60

Current Year's Rates

$3,698.50

Previous Year's Rates

$3,324.10

Rates for Next Year 2025/2026

Type Description (Basis) Factor Rate Estimated Amt
001 Roading rate (L) 220,000.00 0.001536 $337.92
016 Civic Amenities rate (C) 480,000.00 0.000682 $327.36
026 Urban Wastewater rate (C) 480,000.00 0.000984 $472.32
031 Sundry Facilities rate (C) 480,000.00 0.000488 $234.24
041 Water rate (C) 480,000.00 0.000689 $330.72
046 Annual charge () 1.00 575.00 $575.00
056 Roading charge () 1.00 99.00 $99.00
061 Recycling Collection charge () 1.00 104.00 $104.00
066 Water Supply charge () 1.00 190.00 $190.00
070 Urban Wastewater charge () 1.00 277.00 $277.00
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
111 Representation & Development (C) 480,000.00 0.000441 $211.68
121 Regulatory Services rate (C) 480,000.00 0.000634 $304.32
201 GWRC Te Kauru River Management (C) 480,000.00 0.0000717 $34.42
Total $3,914.44

History

Year Land Value Capital Value Annual Rates
2023/2024 $200,000 $420,000 $3,324.10
2022/2023 $200,000 $420,000 $3,101.00
2021/2022 $200,000 $420,000 $2,877.20
2020/2021 $112,000 $265,000 $2,487.90
2019/2020 $112,000 $265,000 $2,442.20
2018/2019 $112,000 $265,000 $2,340.30
2017/2018 $93,000 $195,000 $2,220.10
2016/2017 $93,000 $195,000 $2,184.00
2015/2016 $93,000 $195,000 $2,127.10
2014/2015 $93,000 $195,000 $2,051.70