Valuation No.

18010-05006

Location

29 Oak Street, Masterton

Legal Description

LOT 6 DP 42076

Certificate of Title

14B/1253

Ward No.

2

Zone

9A

Use

91

Category

RD198

TORAS

111000

Property Area (hectares)

0.0737

Current Rating Valuation

As valued at 1 September 2023

Land Value

$215,000

Improvements Value

$265,000

Capital Value

$480,000

Nature of Improvements

New Rating Valuation

As valued at 1 September 2023

New Land Value

$215,000

New Improvements Value

$265,000

New Capital Value

$480,000

New Nature of Improvements

Rates Information

Current Rating Year

2024/2025

Current Year Rates Instalments

Instalment 1.

$1,062.70

Instalment 2.

$1,062.70

Instalment 3.

$1,062.80

Instalment 4.

$1,062.70

Current Year's Rates

$4,250.90

Previous Year's Rates

$4,086.10

Rates for Next Year 2025/2026

Type Description (Basis) Factor Rate Estimated Amt
001 Roading rate (L) 215,000.00 0.001536 $330.24
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
105 Warm Greater Wellington Rate (U) 3,725.60 0.15000 $558.84
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 $4,465.60

History

Year Land Value Capital Value Annual Rates
2023/2024 $195,000 $455,000 $4,086.10
2022/2023 $195,000 $455,000 $3,850.70
2021/2022 $195,000 $455,000 $3,613.60
2020/2021 $107,000 $320,000 $3,387.80
2019/2020 $107,000 $320,000 $3,340.10
2018/2019 $107,000 $320,000 $3,225.20
2017/2018 $89,000 $245,000 $3,095.90
2016/2017 $89,000 $245,000 $3,050.90
2015/2016 $89,000 $245,000 $2,390.40
2014/2015 $89,000 $245,000 $2,298.20