Valuation No.

18010-07500

Location

5 Colville Street, Masterton

Legal Description

LOT 2 D P 21439

Certificate of Title

12D/572

Ward No.

2

Zone

9A

Use

91

Category

RD198

TORAS

111000

Property Area (hectares)

0.0870

Current Rating Valuation

As valued at 1 September 2023

Land Value

$215,000

Improvements Value

$365,000

Capital Value

$580,000

Nature of Improvements

New Rating Valuation

As valued at 1 September 2023

New Land Value

$215,000

New Improvements Value

$365,000

New Capital Value

$580,000

New Nature of Improvements

Rates Information

Current Rating Year

2025/2026

Current Year Rates Instalments

Instalment 1.

$1,091.50

Instalment 2.

$1,091.40

Instalment 3.

$1,091.50

Instalment 4.

$1,091.40

Current Year's Rates

$4,365.80

Previous Year's Rates

$4,154.00

Rates for Current Year 2025/2026

Type Description (Basis) Factor Rate Estimated Amt
001 Roading rate (L) 215,000.00 0.001462 $314.30
016 Civic Amenities rate (C) 580,000.00 0.000682 $395.60
026 Urban Wastewater rate (C) 580,000.00 0.000987 $572.50
031 Sundry Facilities rate (C) 580,000.00 0.000503 $291.70
041 Water rate (C) 580,000.00 0.000701 $406.60
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) 580,000.00 0.0005127 $297.40
091 GWRC Public Transport (C) 580,000.00 0.0003181 $184.50
096 GWRC Stadium Purposes (C) 580,000.00 0.0000009 $0.50
101 GWRC Wellington Regional Economic Devleopment (U) 1.00 17.25 $17.30
111 Representation & Development (C) 580,000.00 0.000433 $251.10
121 Regulatory Services rate (C) 580,000.00 0.000604 $350.30
201 GWRC Te Kauru River Management (C) 580,000.00 0.0000717 $41.60
Total $4,365.80

History

Year Land Value Capital Value Annual Rates
2024/2025 $215,000 $580,000 $4,154.00
2023/2024 $195,000 $550,000 $3,968.20
2022/2023 $195,000 $550,000 $3,698.40
2021/2022 $195,000 $445,000 $2,977.80
2020/2021 $107,000 $310,000 $2,737.40
2019/2020 $107,000 $310,000 $2,690.10
2018/2019 $107,000 $310,000 $2,577.60
2017/2018 $89,000 $235,000 $2,444.50
2016/2017 $89,000 $235,000 $2,401.20
2015/2016 $89,000 $235,000 $2,336.00