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

2024/2025

Current Year Rates Instalments

Instalment 1.

$1,038.50

Instalment 2.

$1,038.50

Instalment 3.

$1,038.50

Instalment 4.

$1,038.50

Current Year's Rates

$4,154.00

Previous Year's Rates

$3,968.20

Rates for Current Year 2024/2025

Type Description (Basis) Factor Rate Estimated Amt
001 Roading rate (L) 215,000.00 0.001273 $273.70
016 Civic Amenities rate (C) 580,000.00 0.000663 $384.50
026 Urban Wastewater rate (C) 580,000.00 0.000965 $559.70
031 Sundry Facilities rate (C) 580,000.00 0.000487 $282.50
041 Water rate (C) 580,000.00 0.000658 $381.60
046 Annual charge () 1.00 545.00 $545.00
056 Roading charge () 1.00 85.00 $85.00
061 Recycling Collection charge () 1.00 105.00 $105.00
066 Water Supply charge () 1.00 180.00 $180.00
070 Urban Wastewater charge () 1.00 269.00 $269.00
086 GWRC General (C) 580,000.00 0.0005131 $297.60
091 GWRC Public Transport (C) 580,000.00 0.0003035 $176.00
101 GWRC Wellington Regional Economic Devleopment (U) 1.00 17.25 $17.30
111 Representation & Development (C) 580,000.00 0.000418 $242.40
121 Regulatory Services rate (C) 580,000.00 0.000557 $323.10
201 GWRC Te Kauru River Management (C) 580,000.00 0.0000544 $31.60
Total $4,154.00

History

Year Land Value Capital Value Annual Rates
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
2014/2015 $89,000 $220,000 $2,170.20