Valuation No.

18010-17300

Location

2 Upper Plain Road, Masterton

Legal Description

LOT 11 D P 5504

Certificate of Title

291/135

Ward No.

2

Zone

9A

Use

91

Category

RD192

TORAS

111000

Property Area (hectares)

0.1070

Current Rating Valuation

As valued at 1 September 2023

Land Value

$240,000

Improvements Value

$240,000

Capital Value

$480,000

Nature of Improvements

New Rating Valuation

As valued at 1 September 2023

New Land Value

$240,000

New Improvements Value

$240,000

New Capital Value

$480,000

New Nature of Improvements

Rates Information

Current Rating Year

2025/2026

Current Year Rates Instalments

Instalment 1.

$980.30

Instalment 2.

$980.20

Instalment 3.

$980.30

Instalment 4.

$980.20

Current Year's Rates

$3,921.00

Previous Year's Rates

$3,723.90

Rates for Next Year 2026/2027

Type Description (Basis) Factor Rate Estimated Amt
001 Roading rate (L) 240,000.00 0.001462 $350.88
016 Civic Amenities rate (C) 480,000.00 0.000682 $327.36
026 Urban Wastewater rate (C) 480,000.00 0.000987 $473.76
031 Sundry Facilities rate (C) 480,000.00 0.000503 $241.44
041 Water rate (C) 480,000.00 0.000701 $336.48
046 Annual charge () 1.00 571.40 $571.40
056 Roading charge () 1.00 102.40 $102.40
061 Recycling Collection charge () 1.00 99.00 $99.00
066 Water Supply charge () 1.00 192.40 $192.40
070 Urban Wastewater charge () 1.00 277.20 $277.20
086 GWRC General (C) 480,000.00 0.0005127 $246.10
091 GWRC Public Transport (C) 480,000.00 0.0003181 $152.69
096 GWRC Stadium Purposes (C) 480,000.00 0.0000009 $0.43
101 GWRC Wellington Regional Economic Devleopment (U) 1.00 17.25 $17.25
111 Representation & Development (C) 480,000.00 0.000433 $207.84
121 Regulatory Services rate (C) 480,000.00 0.000604 $289.92
201 GWRC Te Kauru River Management (C) 480,000.00 0.0000717 $34.42
Total $3,920.96

History

Year Land Value Capital Value Annual Rates
2024/2025 $240,000 $480,000 $3,723.90
2023/2024 $220,000 $455,000 $3,528.80
2022/2023 $220,000 $455,000 $3,290.50
2021/2022 $220,000 $455,000 $3,053.00
2020/2021 $122,000 $320,000 $2,821.40
2019/2020 $122,000 $320,000 $2,771.00
2018/2019 $122,000 $320,000 $2,655.90
2017/2018 $102,000 $245,000 $2,530.80
2016/2017 $102,000 $245,000 $2,485.10
2015/2016 $102,000 $245,000 $2,417.60