Valuation No.

18010-12500

Location

40 Oak Street, Masterton

Legal Description

LOT 1 DP 40539

Certificate of Title

12B/212

Ward No.

2

Zone

9A

Use

91

Category

RD197

TORAS

111000

Property Area (hectares)

0.0966

Current Rating Valuation

As valued at 1 September 2023

Land Value

$220,000

Improvements Value

$410,000

Capital Value

$630,000

Nature of Improvements

New Rating Valuation

As valued at 1 September 2023

New Land Value

$220,000

New Improvements Value

$410,000

New Capital Value

$630,000

New Nature of Improvements

Rates Information

Current Rating Year

2024/2025

Current Year Rates Instalments

Instalment 1.

$1,097.90

Instalment 2.

$1,097.80

Instalment 3.

$1,097.90

Instalment 4.

$1,097.80

Current Year's Rates

$4,391.40

Previous Year's Rates

$4,226.00

Rates for Current Year 2024/2025

Type Description (Basis) Factor Rate Estimated Amt
001 Roading rate (L) 220,000.00 0.001273 $280.10
016 Civic Amenities rate (C) 630,000.00 0.000663 $417.70
026 Urban Wastewater rate (C) 630,000.00 0.000965 $608.00
031 Sundry Facilities rate (C) 630,000.00 0.000487 $306.80
041 Water rate (C) 630,000.00 0.000658 $414.50
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) 630,000.00 0.0005131 $323.30
091 GWRC Public Transport (C) 630,000.00 0.0003035 $191.20
101 GWRC Wellington Regional Economic Devleopment (U) 1.00 17.25 $17.30
111 Representation & Development (C) 630,000.00 0.000418 $263.30
121 Regulatory Services rate (C) 630,000.00 0.000557 $350.90
201 GWRC Te Kauru River Management (C) 630,000.00 0.0000544 $34.30
Total $4,391.40

History

Year Land Value Capital Value Annual Rates
2023/2024 $200,000 $600,000 $4,226.00
2022/2023 $200,000 $600,000 $3,937.20
2021/2022 $200,000 $600,000 $3,647.10
2020/2021 $112,000 $330,000 $2,860.90
2019/2020 $112,000 $330,000 $2,812.00
2018/2019 $112,000 $330,000 $2,694.60
2017/2018 $93,000 $255,000 $2,569.50
2016/2017 $93,000 $255,000 $2,522.50
2015/2016 $93,000 $255,000 $2,453.10
2014/2015 $93,000 $255,000 $2,358.40