Valuation No.

18010-21011

Location

50 Ballance Street, Masterton

Legal Description

LOT 87 DP 43000

Certificate of Title

20B/324

Ward No.

2

Zone

9A

Use

91

Category

RD198

TORAS

111000

Property Area (hectares)

0.0816

Current Rating Valuation

As valued at 1 September 2023

Land Value

$175,000

Improvements Value

$265,000

Capital Value

$440,000

Nature of Improvements

New Rating Valuation

As valued at 1 September 2023

New Land Value

$175,000

New Improvements Value

$265,000

New Capital Value

$440,000

New Nature of Improvements

Rates Information

Current Rating Year

2024/2025

Current Year Rates Instalments

Instalment 1.

$864.10

Instalment 2.

$864.10

Instalment 3.

$864.10

Instalment 4.

$864.10

Current Year's Rates

$3,456.40

Previous Year's Rates

$3,265.60

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) 440,000.00 0.000682 $300.08
026 Urban Wastewater rate (C) 440,000.00 0.000984 $432.96
031 Sundry Facilities rate (C) 440,000.00 0.000488 $214.72
041 Water rate (C) 440,000.00 0.000689 $303.16
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) 440,000.00 0.0005127 $225.59
091 GWRC Public Transport (C) 440,000.00 0.0003181 $139.96
096 GWRC Stadium Purposes (C) 440,000.00 0.0000009 $0.40
101 GWRC Wellington Regional Economic Devleopment (U) 1.00 17.25 $17.25
111 Representation & Development (C) 440,000.00 0.000441 $194.04
121 Regulatory Services rate (C) 440,000.00 0.000634 $278.96
201 GWRC Te Kauru River Management (C) 440,000.00 0.0000717 $31.55
Total $3,652.47

History

Year Land Value Capital Value Annual Rates
2023/2024 $160,000 $420,000 $3,265.60
2022/2023 $160,000 $420,000 $3,047.10
2021/2022 $160,000 $420,000 $2,825.20
2020/2021 $89,000 $285,000 $2,562.00
2019/2020 $89,000 $285,000 $2,519.10
2018/2019 $89,000 $285,000 $2,412.90
2017/2018 $74,000 $185,000 $2,120.70
2016/2017 $74,000 $185,000 $2,087.80
2015/2016 $74,000 $185,000 $2,033.10
2014/2015 $74,000 $185,000 $1,956.70