Valuation No.

18010-18300

Location

9 Fraser Street, Masterton

Legal Description

Lot 1 DP 531994

Certificate of Title

869663

Ward No.

2

Zone

9A

Use

91

Category

RD201

TORAS

111000

Property Area (hectares)

0.0362

Current Rating Valuation

As valued at 1 September 2023

Land Value

$149,000

Improvements Value

$516,000

Capital Value

$665,000

Nature of Improvements

New Rating Valuation

As valued at 1 September 2023

New Land Value

$149,000

New Improvements Value

$516,000

New Capital Value

$665,000

New Nature of Improvements

Rates Information

Current Rating Year

2024/2025

Current Year Rates Instalments

Instalment 1.

$1,115.70

Instalment 2.

$1,115.70

Instalment 3.

$1,115.70

Instalment 4.

$1,115.60

Current Year's Rates

$4,462.70

Previous Year's Rates

$3,629.90

Rates for Next Year 2025/2026

Type Description (Basis) Factor Rate Estimated Amt
001 Roading rate (L) 149,000.00 0.001462 $217.84
016 Civic Amenities rate (C) 665,000.00 0.000682 $453.53
026 Urban Wastewater rate (C) 665,000.00 0.000987 $656.36
031 Sundry Facilities rate (C) 665,000.00 0.000503 $334.50
041 Water rate (C) 665,000.00 0.000701 $466.17
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) 665,000.00 0.0005127 $340.95
091 GWRC Public Transport (C) 665,000.00 0.0003181 $211.54
096 GWRC Stadium Purposes (C) 665,000.00 0.0000009 $0.60
101 GWRC Wellington Regional Economic Devleopment (U) 1.00 17.25 $17.25
111 Representation & Development (C) 665,000.00 0.000433 $287.95
121 Regulatory Services rate (C) 665,000.00 0.000604 $401.66
201 GWRC Te Kauru River Management (C) 665,000.00 0.0000717 $47.68
Total $4,678.40

History

Year Land Value Capital Value Annual Rates
2023/2024 $135,000 $500,000 $3,629.90
2022/2023 $135,000 $500,000 $3,385.30
2021/2022 $135,000 $500,000 $3,134.90
2020/2021 $75,000 $365,000 $2,996.10
2019/2020 $75,000 $365,000 $2,951.70
2018/2019 $97,000 $700,000 $5,389.50
2017/2018 $81,000 $81,000 $993.90
2016/2017 $81,000 $81,000 $991.90
2015/2016 $81,000 $81,000 $942.20
2014/2015 $81,000 $81,000 $931.30