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

2024/2025

Current Year Rates Instalments

Instalment 1.

$1,209.30

Instalment 2.

$1,209.30

Instalment 3.

$1,209.40

Instalment 4.

$1,209.30

Current Year's Rates

$4,837.30

Previous Year's Rates

$4,707.40

Rates for Current Year 2024/2025

Type Description (Basis) Factor Rate Estimated Amt
001 Roading rate (L) 280,000.00 0.001273 $356.40
016 Civic Amenities rate (C) 710,000.00 0.000663 $470.70
026 Urban Wastewater rate (C) 710,000.00 0.000965 $685.20
031 Sundry Facilities rate (C) 710,000.00 0.000487 $345.80
041 Water rate (C) 710,000.00 0.000658 $467.20
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) 710,000.00 0.0005131 $364.30
091 GWRC Public Transport (C) 710,000.00 0.0003035 $215.50
101 GWRC Wellington Regional Economic Devleopment (U) 1.00 17.25 $17.30
111 Representation & Development (C) 710,000.00 0.000418 $296.80
121 Regulatory Services rate (C) 710,000.00 0.000557 $395.50
201 GWRC Te Kauru River Management (C) 710,000.00 0.0000544 $38.60
Total $4,837.30

History

Year Land Value Capital Value Annual Rates
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
2014/2015 $118,000 $435,000 $3,336.60