Valuation No.

18010-08300

Location

37 Colville Street, Masterton

Legal Description

Lot 1 DP 402331

Certificate of Title

407441

Ward No.

2

Zone

9A

Use

91

Category

RD191

TORAS

111000

Property Area (hectares)

0.1521

Current Rating Valuation

As valued at 1 September 2023

Land Value

$280,000

Improvements Value

$430,000

Capital Value

$710,000

Nature of Improvements

New Rating Valuation

As valued at 1 September 2023

New Land Value

$280,000

New Improvements Value

$430,000

New Capital Value

$710,000

New Nature of Improvements

Rates Information

Current Rating Year

2025/2026

Current Year Rates Instalments

Instalment 1.

$1,271.60

Instalment 2.

$1,271.60

Instalment 3.

$1,271.70

Instalment 4.

$1,271.60

Current Year's Rates

$5,086.50

Previous Year's Rates

$4,837.30

Rates for Current Year 2025/2026

Type Description (Basis) Factor Rate Estimated Amt
001 Roading rate (L) 280,000.00 0.001462 $409.40
016 Civic Amenities rate (C) 710,000.00 0.000682 $484.20
026 Urban Wastewater rate (C) 710,000.00 0.000987 $700.80
031 Sundry Facilities rate (C) 710,000.00 0.000503 $357.10
041 Water rate (C) 710,000.00 0.000701 $497.70
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) 710,000.00 0.0005127 $364.00
091 GWRC Public Transport (C) 710,000.00 0.0003181 $225.90
096 GWRC Stadium Purposes (C) 710,000.00 0.0000009 $0.60
101 GWRC Wellington Regional Economic Devleopment (U) 1.00 17.25 $17.30
111 Representation & Development (C) 710,000.00 0.000433 $307.40
121 Regulatory Services rate (C) 710,000.00 0.000604 $428.80
201 GWRC Te Kauru River Management (C) 710,000.00 0.0000717 $50.90
Total $5,086.50

History

Year Land Value Capital Value Annual Rates
2024/2025 $280,000 $710,000 $4,837.30
2023/2024 $255,000 $680,000 $4,707.40
2022/2023 $255,000 $680,000 $4,383.00
2021/2022 $255,000 $680,000 $4,060.90
2020/2021 $142,000 $530,000 $4,062.00
2019/2020 $142,000 $530,000 $3,997.30
2018/2019 $142,000 $530,000 $3,832.50
2017/2018 $118,000 $435,000 $3,672.40
2016/2017 $118,000 $435,000 $3,590.00
2015/2016 $118,000 $435,000 $3,482.60