Valuation No.

18010-05002

Location

4 Colville Street, Masterton

Legal Description

LOT 2 DP 42076

Certificate of Title

Ward No.

2

Zone

9A

Use

91

Category

RD197

TORAS

111000

Property Area (hectares)

0.0720

Current Rating Valuation

As valued at 1 September 2023

Land Value

$205,000

Improvements Value

$305,000

Capital Value

$510,000

Nature of Improvements

New Rating Valuation

As valued at 1 September 2023

New Land Value

$205,000

New Improvements Value

$305,000

New Capital Value

$510,000

New Nature of Improvements

Rates Information

Current Rating Year

2024/2025

Current Year Rates Instalments

Instalment 1.

$954.50

Instalment 2.

$954.50

Instalment 3.

$954.60

Instalment 4.

$954.50

Current Year's Rates

$3,818.10

Previous Year's Rates

$3,452.50

Rates for Next Year 2025/2026

Type Description (Basis) Factor Rate Estimated Amt
001 Roading rate (L) 205,000.00 0.001536 $314.88
016 Civic Amenities rate (C) 510,000.00 0.000682 $347.82
026 Urban Wastewater rate (C) 510,000.00 0.000984 $501.84
031 Sundry Facilities rate (C) 510,000.00 0.000488 $248.88
041 Water rate (C) 510,000.00 0.000689 $351.39
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) 510,000.00 0.0005127 $261.48
091 GWRC Public Transport (C) 510,000.00 0.0003181 $162.23
096 GWRC Stadium Purposes (C) 510,000.00 0.0000009 $0.46
101 GWRC Wellington Regional Economic Devleopment (U) 1.00 17.25 $17.25
111 Representation & Development (C) 510,000.00 0.000441 $224.91
121 Regulatory Services rate (C) 510,000.00 0.000634 $323.34
201 GWRC Te Kauru River Management (C) 510,000.00 0.0000717 $36.57
Total $4,036.04

History

Year Land Value Capital Value Annual Rates
2023/2024 $185,000 $450,000 $3,452.50
2022/2023 $185,000 $450,000 $3,220.30
2021/2022 $185,000 $450,000 $2,986.10
2020/2021 $104,000 $315,000 $2,760.60
2019/2020 $104,000 $315,000 $2,713.90
2018/2019 $104,000 $315,000 $2,600.20
2017/2018 $87,000 $240,000 $2,469.20
2016/2017 $87,000 $240,000 $2,567.20
2015/2016 $87,000 $240,000 $2,501.10
2014/2015 $87,000 $240,000 $2,409.90