Valuation No.

18010-14318

Location

3 Seddon Street, Masterton

Legal Description

LOT 45 DP 42998

Certificate of Title

15B/515

Ward No.

2

Zone

9A

Use

91

Category

RD197

TORAS

111000

Property Area (hectares)

0.0678

Current Rating Valuation

As valued at 1 September 2023

Land Value

$175,000

Improvements Value

$240,000

Capital Value

$415,000

Nature of Improvements

New Rating Valuation

As valued at 1 September 2023

New Land Value

$175,000

New Improvements Value

$240,000

New Capital Value

$415,000

New Nature of Improvements

Rates Information

Current Rating Year

2024/2025

Current Year Rates Instalments

Instalment 1.

$835.30

Instalment 2.

$835.30

Instalment 3.

$835.30

Instalment 4.

$835.30

Current Year's Rates

$3,341.20

Previous Year's Rates

$3,140.50

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) 415,000.00 0.000682 $283.03
026 Urban Wastewater rate (C) 415,000.00 0.000984 $408.36
031 Sundry Facilities rate (C) 415,000.00 0.000488 $202.52
041 Water rate (C) 415,000.00 0.000689 $285.94
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) 415,000.00 0.0005127 $212.77
091 GWRC Public Transport (C) 415,000.00 0.0003181 $132.01
096 GWRC Stadium Purposes (C) 415,000.00 0.0000009 $0.37
101 GWRC Wellington Regional Economic Devleopment (U) 1.00 17.25 $17.25
111 Representation & Development (C) 415,000.00 0.000441 $183.02
121 Regulatory Services rate (C) 415,000.00 0.000634 $263.11
201 GWRC Te Kauru River Management (C) 415,000.00 0.0000717 $29.76
Total $3,531.93

History

Year Land Value Capital Value Annual Rates
2023/2024 $160,000 $395,000 $3,140.50
2022/2023 $160,000 $395,000 $2,931.10
2021/2022 $160,000 $395,000 $2,718.30
2020/2021 $89,000 $260,000 $2,418.40
2019/2020 $89,000 $260,000 $2,377.00
2018/2019 $89,000 $260,000 $2,276.60
2017/2018 $74,000 $190,000 $2,149.80
2016/2017 $74,000 $190,000 $2,115.90
2015/2016 $74,000 $190,000 $2,060.30
2014/2015 $74,000 $180,000 $1,931.10