Valuation No.

18010-08600

Location

43 Colville Street, Masterton

Legal Description

LOT 2 DP 30635

Certificate of Title

7B/821

Ward No.

2

Zone

9A

Use

91

Category

RD197

TORAS

111000

Property Area (hectares)

0.0860

Current Rating Valuation

As valued at 1 September 2023

Land Value

$235,000

Improvements Value

$265,000

Capital Value

$500,000

Nature of Improvements

New Rating Valuation

As valued at 1 September 2023

New Land Value

$235,000

New Improvements Value

$265,000

New Capital Value

$500,000

New Nature of Improvements

Rates Information

Current Rating Year

2025/2026

Current Year Rates Instalments

Instalment 1.

$1,002.60

Instalment 2.

$1,002.50

Instalment 3.

$1,002.60

Instalment 4.

$1,002.50

Current Year's Rates

$4,010.20

Previous Year's Rates

$3,810.10

Rates for Current Year 2025/2026

Type Description (Basis) Factor Rate Estimated Amt
001 Roading rate (L) 235,000.00 0.001462 $343.60
016 Civic Amenities rate (C) 500,000.00 0.000682 $341.00
026 Urban Wastewater rate (C) 500,000.00 0.000987 $493.50
031 Sundry Facilities rate (C) 500,000.00 0.000503 $251.50
041 Water rate (C) 500,000.00 0.000701 $350.50
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) 500,000.00 0.0005127 $256.40
091 GWRC Public Transport (C) 500,000.00 0.0003181 $159.10
096 GWRC Stadium Purposes (C) 500,000.00 0.0000009 $0.50
101 GWRC Wellington Regional Economic Devleopment (U) 1.00 17.25 $17.30
111 Representation & Development (C) 500,000.00 0.000433 $216.50
121 Regulatory Services rate (C) 500,000.00 0.000604 $302.00
201 GWRC Te Kauru River Management (C) 500,000.00 0.0000717 $35.90
Total $4,010.20

History

Year Land Value Capital Value Annual Rates
2024/2025 $235,000 $500,000 $3,810.10
2023/2024 $215,000 $480,000 $3,646.80
2022/2023 $215,000 $480,000 $3,399.90
2021/2022 $215,000 $480,000 $3,153.40
2020/2021 $120,000 $345,000 $2,961.40
2019/2020 $120,000 $345,000 $2,910.00
2018/2019 $120,000 $345,000 $2,789.20
2017/2018 $100,000 $270,000 $2,672.00
2016/2017 $100,000 $270,000 $2,621.60
2015/2016 $100,000 $270,000 $2,549.00