Valuation No.

18010-05000

Location

12 Colville Street, Masterton

Legal Description

LOT 3 DP 529251

Certificate of Title

857310

Ward No.

2

Zone

9A

Use

91

Category

RD192

TORAS

111000

Property Area (hectares)

0.1827

Current Rating Valuation

As valued at 1 September 2023

Land Value

$320,000

Improvements Value

$380,000

Capital Value

$700,000

Nature of Improvements

New Rating Valuation

As valued at 1 September 2023

New Land Value

$320,000

New Improvements Value

$380,000

New Capital Value

$700,000

New Nature of Improvements

Rates Information

Current Rating Year

2024/2025

Current Year Rates Instalments

Instalment 1.

$1,210.50

Instalment 2.

$1,210.50

Instalment 3.

$1,210.60

Instalment 4.

$1,210.50

Current Year's Rates

$4,842.10

Previous Year's Rates

$4,708.30

Rates for Next Year 2025/2026

Type Description (Basis) Factor Rate Estimated Amt
001 Roading rate (L) 320,000.00 0.001536 $491.52
016 Civic Amenities rate (C) 700,000.00 0.000682 $477.40
026 Urban Wastewater rate (C) 700,000.00 0.000984 $688.80
031 Sundry Facilities rate (C) 700,000.00 0.000488 $341.60
041 Water rate (C) 700,000.00 0.000689 $482.30
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) 700,000.00 0.0005127 $358.89
091 GWRC Public Transport (C) 700,000.00 0.0003181 $222.67
096 GWRC Stadium Purposes (C) 700,000.00 0.0000009 $0.63
101 GWRC Wellington Regional Economic Devleopment (U) 1.00 17.25 $17.25
111 Representation & Development (C) 700,000.00 0.000441 $308.70
121 Regulatory Services rate (C) 700,000.00 0.000634 $443.80
201 GWRC Te Kauru River Management (C) 700,000.00 0.0000717 $50.19
Total $5,128.75

History

Year Land Value Capital Value Annual Rates
2023/2024 $290,000 $670,000 $4,708.30
2022/2023 $290,000 $670,000 $4,383.80
2021/2022 $290,000 $670,000 $4,063.60
2020/2021 $160,000 $430,000 $3,520.10
2019/2020 $210,000 $450,000 $3,651.10
2018/2019 $210,000 $450,000 $3,504.40
2017/2018 $175,000 $365,000 $3,387.40
2016/2017 $175,000 $365,000 $3,314.80
2015/2016 $175,000 $365,000 $3,221.60
2014/2015 $175,000 $365,000 $3,109.90