Valuation No.

18010-14300

Location

2 Stout Street, Masterton

Legal Description

LOT 1 DP 31547

Certificate of Title

8B/1249

Ward No.

2

Zone

9A

Use

91

Category

RD197

TORAS

111000

Property Area (hectares)

0.0832

Current Rating Valuation

As valued at 1 September 2023

Land Value

$205,000

Improvements Value

$275,000

Capital Value

$480,000

Nature of Improvements

New Rating Valuation

As valued at 1 September 2023

New Land Value

$205,000

New Improvements Value

$275,000

New Capital Value

$480,000

New Nature of Improvements

Rates Information

Current Rating Year

2024/2025

Current Year Rates Instalments

Instalment 1.

$919.90

Instalment 2.

$919.80

Instalment 3.

$919.90

Instalment 4.

$919.80

Current Year's Rates

$3,679.40

Previous Year's Rates

$3,477.60

Rates for Current Year 2024/2025

Type Description (Basis) Factor Rate Estimated Amt
001 Roading rate (L) 205,000.00 0.001273 $261.00
016 Civic Amenities rate (C) 480,000.00 0.000663 $318.20
026 Urban Wastewater rate (C) 480,000.00 0.000965 $463.20
031 Sundry Facilities rate (C) 480,000.00 0.000487 $233.80
041 Water rate (C) 480,000.00 0.000658 $315.80
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) 480,000.00 0.0005131 $246.30
091 GWRC Public Transport (C) 480,000.00 0.0003035 $145.70
101 GWRC Wellington Regional Economic Devleopment (U) 1.00 17.25 $17.30
111 Representation & Development (C) 480,000.00 0.000418 $200.60
121 Regulatory Services rate (C) 480,000.00 0.000557 $267.40
201 GWRC Te Kauru River Management (C) 480,000.00 0.0000544 $26.10
Total $3,679.40

History

Year Land Value Capital Value Annual Rates
2023/2024 $185,000 $455,000 $3,477.60
2022/2023 $185,000 $455,000 $3,243.40
2021/2022 $185,000 $455,000 $3,007.50
2020/2021 $104,000 $320,000 $2,789.40
2019/2020 $104,000 $320,000 $2,742.20
2018/2019 $104,000 $320,000 $2,627.40
2017/2018 $87,000 $245,000 $2,498.40
2016/2017 $87,000 $245,000 $2,453.60
2015/2016 $87,000 $245,000 $2,386.30
2014/2015 $87,000 $245,000 $2,293.60