Valuation No.

18010-05013

Location

45 Oak Street, Masterton

Legal Description

LOT 13 DP 42076

Certificate of Title

14B/1260

Ward No.

2

Zone

9A

Use

91

Category

RD197

TORAS

111000

Property Area (hectares)

0.0404

Current Rating Valuation

As valued at 1 September 2023

Land Value

$175,000

Improvements Value

$225,000

Capital Value

$400,000

Nature of Improvements

New Rating Valuation

As valued at 1 September 2023

New Land Value

$175,000

New Improvements Value

$225,000

New Capital Value

$400,000

New Nature of Improvements

Rates Information

Current Rating Year

2024/2025

Current Year Rates Instalments

Instalment 1.

$817.90

Instalment 2.

$817.90

Instalment 3.

$818.00

Instalment 4.

$817.90

Current Year's Rates

$3,271.70

Previous Year's Rates

$3,190.50

Rates for Next Year 2025/2026

Type Description (Basis) Factor Rate Estimated Amt
001 Roading rate (L) 175,000.00 0.001536 $268.80
016 Civic Amenities rate (C) 400,000.00 0.000682 $272.80
026 Urban Wastewater rate (C) 400,000.00 0.000984 $393.60
031 Sundry Facilities rate (C) 400,000.00 0.000488 $195.20
041 Water rate (C) 400,000.00 0.000689 $275.60
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) 400,000.00 0.0005127 $205.08
091 GWRC Public Transport (C) 400,000.00 0.0003181 $127.24
096 GWRC Stadium Purposes (C) 400,000.00 0.0000009 $0.36
101 GWRC Wellington Regional Economic Devleopment (U) 1.00 17.25 $17.25
111 Representation & Development (C) 400,000.00 0.000441 $176.40
121 Regulatory Services rate (C) 400,000.00 0.000634 $253.60
201 GWRC Te Kauru River Management (C) 400,000.00 0.0000717 $28.68
Total $3,459.61

History

Year Land Value Capital Value Annual Rates
2023/2024 $160,000 $405,000 $3,190.50
2022/2023 $160,000 $405,000 $2,977.50
2021/2022 $160,000 $405,000 $2,761.00
2020/2021 $98,000 $270,000 $2,491.90
2019/2020 $98,000 $270,000 $2,448.20
2018/2019 $98,000 $270,000 $2,345.30
2017/2018 $82,000 $200,000 $2,225.30
2016/2017 $82,000 $200,000 $2,189.10
2015/2016 $82,000 $200,000 $2,131.20
2014/2015 $82,000 $200,000 $2,051.90