Valuation No.

18010-10700

Location

74 Upper Plain Road, Masterton

Legal Description

LOT 3 DP 14539 LOT 5 DP 17204

Certificate of Title

440236

Ward No.

2

Zone

9A

Use

82

Category

CESB

TORAS

121000

Property Area (hectares)

0.6792

Current Rating Valuation

As valued at 1 September 2023

Land Value

$800,000

Improvements Value

$7,200,000

Capital Value

$8,000,000

Nature of Improvements

New Rating Valuation

As valued at 1 September 2023

New Land Value

$800,000

New Improvements Value

$7,200,000

New Capital Value

$8,000,000

New Nature of Improvements

Rates Information

Current Rating Year

2024/2025

Current Year Rates Instalments

Instalment 1.

$6,604.30

Instalment 2.

$6,604.20

Instalment 3.

$6,604.30

Instalment 4.

$6,604.20

Current Year's Rates

$26,417.00

Previous Year's Rates

$22,742.40

Rates for Current Year 2024/2025

Type Description (Basis) Factor Rate Estimated Amt
027 Urban Wastewater rate (C) 8,000,000.00 0.001930 $15,440.00
042 Water rate (C) 8,000,000.00 0.001316 $10,528.00
067 Water Supply charge () 1.00 180.00 $180.00
071 Urban Wastewater charge () 1.00 269.00 $269.00
Total $26,417.00

History

Year Land Value Capital Value Annual Rates
2023/2024 $680,000 $6,200,000 $22,742.40
2022/2023 $680,000 $6,200,000 $21,506.20
2021/2022 $680,000 $6,200,000 $20,019.00
2020/2021 $375,000 $5,100,000 $23,099.00
2019/2020 $375,000 $5,100,000 $23,874.00
2018/2019 $375,000 $5,100,000 $24,190.20
2017/2018 $300,000 $4,600,000 $21,264.80
2016/2017 $300,000 $4,600,000 $20,895.00
2015/2016 $300,000 $4,600,000 $21,627.60
2014/2015 $300,000 $4,600,000 $20,439.40