Valuation No.

18010-05005

Location

27 Oak Street, Masterton

Legal Description

LOT 5 DP 42076

Certificate of Title

14B/1252

Ward No.

2

Zone

9A

Use

91

Category

RD197

TORAS

111000

Property Area (hectares)

0.0737

Current Rating Valuation

As valued at 1 September 2023

Land Value

$205,000

Improvements Value

$295,000

Capital Value

$500,000

Nature of Improvements

New Rating Valuation

As valued at 1 September 2023

New Land Value

$205,000

New Improvements Value

$295,000

New Capital Value

$500,000

New Nature of Improvements

Rates Information

Current Rating Year

2024/2025

Current Year Rates Instalments

Instalment 1.

$943.00

Instalment 2.

$943.00

Instalment 3.

$943.00

Instalment 4.

$942.90

Current Year's Rates

$3,771.90

Previous Year's Rates

$3,602.90

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) 500,000.00 0.000682 $341.00
026 Urban Wastewater rate (C) 500,000.00 0.000984 $492.00
031 Sundry Facilities rate (C) 500,000.00 0.000488 $244.00
041 Water rate (C) 500,000.00 0.000689 $344.50
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) 500,000.00 0.0005127 $256.35
091 GWRC Public Transport (C) 500,000.00 0.0003181 $159.05
096 GWRC Stadium Purposes (C) 500,000.00 0.0000009 $0.45
101 GWRC Wellington Regional Economic Devleopment (U) 1.00 17.25 $17.25
111 Representation & Development (C) 500,000.00 0.000441 $220.50
121 Regulatory Services rate (C) 500,000.00 0.000634 $317.00
201 GWRC Te Kauru River Management (C) 500,000.00 0.0000717 $35.85
Total $3,987.83

History

Year Land Value Capital Value Annual Rates
2023/2024 $185,000 $480,000 $3,602.90
2022/2023 $185,000 $480,000 $3,359.50
2021/2022 $185,000 $480,000 $3,114.40
2020/2021 $104,000 $305,000 $2,703.30
2019/2020 $104,000 $305,000 $2,656.80
2018/2019 $104,000 $305,000 $2,545.70
2017/2018 $87,000 $230,000 $2,410.90
2016/2017 $87,000 $230,000 $2,368.80
2015/2016 $87,000 $230,000 $2,304.90
2014/2015 $87,000 $230,000 $2,216.80