Valuation No.

18010-12900

Location

24 Oak Street, Masterton

Legal Description

LOT 40 DP 42999

Certificate of Title

15B/576

Ward No.

2

Zone

9A

Use

91

Category

RD191

TORAS

111000

Property Area (hectares)

0.0895

Current Rating Valuation

As valued at 1 September 2023

Land Value

$215,000

Improvements Value

$285,000

Capital Value

$500,000

Nature of Improvements

New Rating Valuation

As valued at 1 September 2023

New Land Value

$215,000

New Improvements Value

$285,000

New Capital Value

$500,000

New Nature of Improvements

Rates Information

Current Rating Year

2024/2025

Current Year Rates Instalments

Instalment 1.

$1,126.90

Instalment 2.

$1,126.80

Instalment 3.

$1,126.90

Instalment 4.

$1,126.80

Current Year's Rates

$4,507.40

Previous Year's Rates

$4,317.80

Rates for Current Year 2024/2025

Type Description (Basis) Factor Rate Estimated Amt
001 Roading rate (L) 215,000.00 0.001273 $273.70
016 Civic Amenities rate (C) 500,000.00 0.000663 $331.50
026 Urban Wastewater rate (C) 500,000.00 0.000965 $482.50
031 Sundry Facilities rate (C) 500,000.00 0.000487 $243.50
041 Water rate (C) 500,000.00 0.000658 $329.00
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) 500,000.00 0.0005131 $256.60
091 GWRC Public Transport (C) 500,000.00 0.0003035 $151.80
101 GWRC Wellington Regional Economic Devleopment (U) 1.00 17.25 $17.30
105 Warm Greater Wellington Rate (U) 4,818.67 0.15000 $722.80
111 Representation & Development (C) 500,000.00 0.000418 $209.00
121 Regulatory Services rate (C) 500,000.00 0.000557 $278.50
201 GWRC Te Kauru River Management (C) 500,000.00 0.0000544 $27.20
Total $4,507.40

History

Year Land Value Capital Value Annual Rates
2023/2024 $195,000 $475,000 $4,317.80
2022/2023 $195,000 $475,000 $4,074.90
2021/2022 $195,000 $475,000 $3,828.80
2020/2021 $107,000 $300,000 $3,402.70
2019/2020 $107,000 $300,000 $3,356.00
2018/2019 $107,000 $300,000 $2,523.20
2017/2018 $89,000 $225,000 $2,386.40
2016/2017 $89,000 $225,000 $2,344.80
2015/2016 $89,000 $225,000 $2,281.80
2014/2015 $89,000 $225,000 $2,195.90