Valuation No.

18010-22200

Location

2 Ballance Street, Masterton

Legal Description

LOT 44 DP 31786

Certificate of Title

9A/284

Ward No.

2

Zone

9A

Use

91

Category

RD197

TORAS

111000

Property Area (hectares)

0.0814

Current Rating Valuation

As valued at 1 September 2023

Land Value

$180,000

Improvements Value

$305,000

Capital Value

$485,000

Nature of Improvements

New Rating Valuation

As valued at 1 September 2023

New Land Value

$180,000

New Improvements Value

$305,000

New Capital Value

$485,000

New Nature of Improvements

Rates Information

Current Rating Year

2025/2026

Current Year Rates Instalments

Instalment 1.

$964.40

Instalment 2.

$964.40

Instalment 3.

$964.40

Instalment 4.

$964.30

Current Year's Rates

$3,857.50

Previous Year's Rates

$3,670.70

Rates for Current Year 2025/2026

Type Description (Basis) Factor Rate Estimated Amt
001 Roading rate (L) 180,000.00 0.001462 $263.20
016 Civic Amenities rate (C) 485,000.00 0.000682 $330.80
026 Urban Wastewater rate (C) 485,000.00 0.000987 $478.70
031 Sundry Facilities rate (C) 485,000.00 0.000503 $244.00
041 Water rate (C) 485,000.00 0.000701 $340.00
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) 485,000.00 0.0005127 $248.70
091 GWRC Public Transport (C) 485,000.00 0.0003181 $154.30
096 GWRC Stadium Purposes (C) 485,000.00 0.0000009 $0.40
101 GWRC Wellington Regional Economic Devleopment (U) 1.00 17.25 $17.30
111 Representation & Development (C) 485,000.00 0.000433 $210.00
121 Regulatory Services rate (C) 485,000.00 0.000604 $292.90
201 GWRC Te Kauru River Management (C) 485,000.00 0.0000717 $34.80
Total $3,857.50

History

Year Land Value Capital Value Annual Rates
2024/2025 $180,000 $485,000 $3,670.70
2023/2024 $165,000 $460,000 $3,473.40
2022/2023 $165,000 $460,000 $3,239.80
2021/2022 $165,000 $460,000 $3,002.90
2020/2021 $92,000 $325,000 $2,796.80
2019/2020 $92,000 $325,000 $2,751.60
2018/2019 $92,000 $325,000 $2,635.50
2017/2018 $77,000 $245,000 $2,476.80
2016/2017 $77,000 $245,000 $2,432.70
2015/2016 $77,000 $245,000 $2,365.40