Valuation No.

18010-11600B

Location

25B Upper Plain Road, Masterton

Legal Description

FLAT 2 DP 56893 HAVING 1/2 INT IN 862 SQMETRES BEING LOT 1 DP 29486

Certificate of Title

26B/367

Ward No.

2

Zone

9A

Use

92

Category

RF197

TORAS

001200

Property Area (hectares)

0.0000

Current Rating Valuation

As valued at 1 September 2023

Land Value

$175,000

Improvements Value

$125,000

Capital Value

$300,000

Nature of Improvements

New Rating Valuation

As valued at 1 September 2023

New Land Value

$175,000

New Improvements Value

$125,000

New Capital Value

$300,000

New Nature of Improvements

Rates Information

Current Rating Year

2024/2025

Current Year Rates Instalments

Instalment 1.

$702.50

Instalment 2.

$702.40

Instalment 3.

$702.50

Instalment 4.

$702.40

Current Year's Rates

$2,809.80

Previous Year's Rates

$2,714.50

Rates for Next Year 2025/2026

Type Description (Basis) Factor Rate Estimated Amt
001 Roading rate (L) 175,000.00 0.001536 $268.80
016 Civic Amenities rate (C) 300,000.00 0.000682 $204.60
026 Urban Wastewater rate (C) 300,000.00 0.000984 $295.20
031 Sundry Facilities rate (C) 300,000.00 0.000488 $146.40
041 Water rate (C) 300,000.00 0.000689 $206.70
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) 300,000.00 0.0005127 $153.81
091 GWRC Public Transport (C) 300,000.00 0.0003181 $95.43
096 GWRC Stadium Purposes (C) 300,000.00 0.0000009 $0.27
101 GWRC Wellington Regional Economic Devleopment (U) 1.00 17.25 $17.25
111 Representation & Development (C) 300,000.00 0.000441 $132.30
121 Regulatory Services rate (C) 300,000.00 0.000634 $190.20
201 GWRC Te Kauru River Management (C) 300,000.00 0.0000717 $21.51
Total $2,977.47

History

Year Land Value Capital Value Annual Rates
2023/2024 $160,000 $310,000 $2,714.50
2022/2023 $160,000 $310,000 $2,536.10
2021/2022 $160,000 $310,000 $2,354.80
2020/2021 $90,000 $180,000 $1,961.00
2019/2020 $90,000 $180,000 $1,923.70
2018/2019 $90,000 $180,000 $1,842.10
2017/2018 $75,000 $137,000 $1,843.20
2016/2017 $75,000 $137,000 $1,819.30
2015/2016 $75,000 $137,000 $1,774.60
2014/2015 $75,000 $137,000 $1,713.60