Valuation No.

18010-14319

Location

1 Seddon Street, Masterton

Legal Description

LOT 46 DP 42998

Certificate of Title

15B/516

Ward No.

2

Zone

9A

Use

91

Category

RD197

TORAS

111000

Property Area (hectares)

0.0640

Current Rating Valuation

As valued at 1 September 2023

Land Value

$175,000

Improvements Value

$280,000

Capital Value

$455,000

Nature of Improvements

New Rating Valuation

As valued at 1 September 2023

New Land Value

$175,000

New Improvements Value

$280,000

New Capital Value

$455,000

New Nature of Improvements

Rates Information

Current Rating Year

2024/2025

Current Year Rates Instalments

Instalment 1.

$881.50

Instalment 2.

$881.50

Instalment 3.

$881.50

Instalment 4.

$881.40

Current Year's Rates

$3,525.90

Previous Year's Rates

$3,340.80

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) 455,000.00 0.000682 $310.31
026 Urban Wastewater rate (C) 455,000.00 0.000984 $447.72
031 Sundry Facilities rate (C) 455,000.00 0.000488 $222.04
041 Water rate (C) 455,000.00 0.000689 $313.50
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) 455,000.00 0.0005127 $233.28
091 GWRC Public Transport (C) 455,000.00 0.0003181 $144.74
096 GWRC Stadium Purposes (C) 455,000.00 0.0000009 $0.41
101 GWRC Wellington Regional Economic Devleopment (U) 1.00 17.25 $17.25
111 Representation & Development (C) 455,000.00 0.000441 $200.66
121 Regulatory Services rate (C) 455,000.00 0.000634 $288.47
201 GWRC Te Kauru River Management (C) 455,000.00 0.0000717 $32.62
Total $3,724.79

History

Year Land Value Capital Value Annual Rates
2023/2024 $160,000 $435,000 $3,340.80
2022/2023 $160,000 $435,000 $3,116.80
2021/2022 $160,000 $435,000 $2,889.40
2020/2021 $89,000 $300,000 $2,648.00
2019/2020 $89,000 $300,000 $2,604.40
2018/2019 $89,000 $300,000 $2,494.60
2017/2018 $74,000 $225,000 $2,354.00
2016/2017 $74,000 $180,000 $2,059.60
2015/2016 $74,000 $180,000 $2,006.00
2014/2015 $74,000 $180,000 $1,931.10