Valuation No.

18010-07600

Location

7 Colville Street, Masterton

Legal Description

LOT 1 D P 21439

Certificate of Title

C4/894

Ward No.

2

Zone

9A

Use

91

Category

RD196

TORAS

111000

Property Area (hectares)

0.0843

Current Rating Valuation

As valued at 1 September 2023

Land Value

$220,000

Improvements Value

$270,000

Capital Value

$490,000

Nature of Improvements

New Rating Valuation

As valued at 1 September 2023

New Land Value

$220,000

New Improvements Value

$270,000

New Capital Value

$490,000

New Nature of Improvements

Rates Information

Current Rating Year

2024/2025

Current Year Rates Instalments

Instalment 1.

$936.20

Instalment 2.

$936.20

Instalment 3.

$936.20

Instalment 4.

$936.10

Current Year's Rates

$3,744.70

Previous Year's Rates

$3,549.70

Rates for Next Year 2025/2026

Type Description (Basis) Factor Rate Estimated Amt
001 Roading rate (L) 220,000.00 0.001536 $337.92
016 Civic Amenities rate (C) 490,000.00 0.000682 $334.18
026 Urban Wastewater rate (C) 490,000.00 0.000984 $482.16
031 Sundry Facilities rate (C) 490,000.00 0.000488 $239.12
041 Water rate (C) 490,000.00 0.000689 $337.61
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) 490,000.00 0.0005127 $251.22
091 GWRC Public Transport (C) 490,000.00 0.0003181 $155.87
096 GWRC Stadium Purposes (C) 490,000.00 0.0000009 $0.44
101 GWRC Wellington Regional Economic Devleopment (U) 1.00 17.25 $17.25
111 Representation & Development (C) 490,000.00 0.000441 $216.09
121 Regulatory Services rate (C) 490,000.00 0.000634 $310.66
201 GWRC Te Kauru River Management (C) 490,000.00 0.0000717 $35.13
Total $3,962.66

History

Year Land Value Capital Value Annual Rates
2023/2024 $200,000 $465,000 $3,549.70
2022/2023 $200,000 $465,000 $3,310.20
2021/2022 $200,000 $465,000 $3,069.80
2020/2021 $112,000 $330,000 $2,860.90
2019/2020 $112,000 $330,000 $2,812.00
2018/2019 $112,000 $330,000 $2,694.60
2017/2018 $93,000 $255,000 $2,569.50
2016/2017 $93,000 $255,000 $2,522.50
2015/2016 $93,000 $255,000 $2,453.10
2014/2015 $93,000 $255,000 $2,358.40