Valuation No.

18010-05007B

Location

31 Oak Street, Masterton

Legal Description

FLAT 2 DP 46461 HAVING 1/2 INT IN 732 SQMETRES BEING LOT 7 DP 42076

Certificate of Title

17B/798

Ward No.

2

Zone

9A

Use

91

Category

RD197

TORAS

001200

Property Area (hectares)

0.0000

Current Rating Valuation

As valued at 1 September 2023

Land Value

$165,000

Improvements Value

$230,000

Capital Value

$395,000

Nature of Improvements

New Rating Valuation

As valued at 1 September 2023

New Land Value

$165,000

New Improvements Value

$230,000

New Capital Value

$395,000

New Nature of Improvements

Rates Information

Current Rating Year

2025/2026

Current Year Rates Instalments

Instalment 1.

$850.60

Instalment 2.

$850.60

Instalment 3.

$850.60

Instalment 4.

$850.50

Current Year's Rates

$3,402.30

Previous Year's Rates

$3,236.00

Rates for Current Year 2025/2026

Type Description (Basis) Factor Rate Estimated Amt
001 Roading rate (L) 165,000.00 0.001462 $241.20
016 Civic Amenities rate (C) 395,000.00 0.000682 $269.40
026 Urban Wastewater rate (C) 395,000.00 0.000987 $389.90
031 Sundry Facilities rate (C) 395,000.00 0.000503 $198.70
041 Water rate (C) 395,000.00 0.000701 $276.90
046 Annual charge () 1.00 571.40 $571.40
056 Roading charge () 1.00 102.40 $102.40
061 Recycling Collection charge () 1.00 99.00 $99.00
066 Water Supply charge () 1.00 192.40 $192.40
070 Urban Wastewater charge () 1.00 277.20 $277.20
086 GWRC General (C) 395,000.00 0.0005127 $202.50
091 GWRC Public Transport (C) 395,000.00 0.0003181 $125.70
096 GWRC Stadium Purposes (C) 395,000.00 0.0000009 $0.40
101 GWRC Wellington Regional Economic Devleopment (U) 1.00 17.25 $17.30
111 Representation & Development (C) 395,000.00 0.000433 $171.00
121 Regulatory Services rate (C) 395,000.00 0.000604 $238.60
201 GWRC Te Kauru River Management (C) 395,000.00 0.0000717 $28.30
Total $3,402.30

History

Year Land Value Capital Value Annual Rates
2024/2025 $165,000 $395,000 $3,236.00
2023/2024 $148,000 $375,000 $3,022.80
2022/2023 $148,000 $375,000 $2,822.00
2021/2022 $148,000 $375,000 $2,617.30
2020/2021 $82,000 $245,000 $2,320.00
2019/2020 $82,000 $245,000 $2,280.60
2018/2019 $82,000 $245,000 $2,183.80
2017/2018 $68,000 $175,000 $2,049.50
2016/2017 $68,000 $175,000 $2,018.80
2015/2016 $68,000 $175,000 $1,966.30