Valuation No.

18010-13300

Location

16 Oak Street, Masterton

Legal Description

LOT 11 DP 31547

Certificate of Title

8B/1259

Ward No.

2

Zone

9A

Use

91

Category

RD197

TORAS

111000

Property Area (hectares)

0.0802

Current Rating Valuation

As valued at 1 September 2023

Land Value

$215,000

Improvements Value

$115,000

Capital Value

$330,000

Nature of Improvements

New Rating Valuation

As valued at 1 September 2023

New Land Value

$215,000

New Improvements Value

$385,000

New Capital Value

$600,000

New Nature of Improvements

Rates Information

Current Rating Year

2024/2025

Current Year Rates Instalments

Instalment 1.

$749.80

Instalment 2.

$749.80

Instalment 3.

$749.90

Instalment 4.

$749.80

Current Year's Rates

$2,999.30

Previous Year's Rates

$3,191.70

Rates for Next Year 2025/2026

Type Description (Basis) Factor Rate Estimated Amt
001 Roading rate (L) 215,000.00 0.001536 $330.24
016 Civic Amenities rate (C) 600,000.00 0.000682 $409.20
026 Urban Wastewater rate (C) 600,000.00 0.000984 $590.40
031 Sundry Facilities rate (C) 600,000.00 0.000488 $292.80
041 Water rate (C) 600,000.00 0.000689 $413.40
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) 600,000.00 0.0005127 $307.62
091 GWRC Public Transport (C) 600,000.00 0.0003181 $190.86
096 GWRC Stadium Purposes (C) 600,000.00 0.0000009 $0.54
101 GWRC Wellington Regional Economic Devleopment (U) 1.00 17.25 $17.25
111 Representation & Development (C) 600,000.00 0.000441 $264.60
121 Regulatory Services rate (C) 600,000.00 0.000634 $380.40
201 GWRC Te Kauru River Management (C) 600,000.00 0.0000717 $43.02
Total $4,485.33

History

Year Land Value Capital Value Annual Rates
2023/2024 $195,000 $395,000 $3,191.70
2022/2023 $195,000 $395,000 $2,978.30
2021/2022 $195,000 $395,000 $2,763.80
2020/2021 $107,000 $260,000 $2,450.30
2019/2020 $107,000 $260,000 $2,405.80
2018/2019 $107,000 $260,000 $2,305.20
2017/2018 $89,000 $190,000 $2,182.20
2016/2017 $89,000 $190,000 $2,147.30
2015/2016 $89,000 $190,000 $2,091.60
2014/2015 $89,000 $190,000 $2,016.70