Valuation No.

18030-13700

Location

27 Jordan Terrace, Masterton

Legal Description

LOT 2 DP 77792 SUBJ TO R/W

Certificate of Title

483/197

Ward No.

2

Zone

9A

Use

91

Category

RD192B

TORAS

111000

Property Area (hectares)

0.1946

Current Rating Valuation

As valued at 1 September 2023

Land Value

$385,000

Improvements Value

$565,000

Capital Value

$950,000

Nature of Improvements

New Rating Valuation

As valued at 1 September 2023

New Land Value

$385,000

New Improvements Value

$635,000

New Capital Value

$1,020,000

New Nature of Improvements

Rates Information

Current Rating Year

2024/2025

Current Year Rates Instalments

Instalment 1.

$1,519.90

Instalment 2.

$1,519.90

Instalment 3.

$1,520.00

Instalment 4.

$1,519.90

Current Year's Rates

$6,079.70

Previous Year's Rates

$5,704.20

Rates for Next Year 2025/2026

Type Description (Basis) Factor Rate Estimated Amt
001 Roading rate (L) 385,000.00 0.001536 $591.36
016 Civic Amenities rate (C) 1,020,000.00 0.000682 $695.64
026 Urban Wastewater rate (C) 1,020,000.00 0.000984 $1,003.68
031 Sundry Facilities rate (C) 1,020,000.00 0.000488 $497.76
041 Water rate (C) 1,020,000.00 0.000689 $702.78
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) 1,020,000.00 0.0005127 $522.95
091 GWRC Public Transport (C) 1,020,000.00 0.0003181 $324.46
096 GWRC Stadium Purposes (C) 1,020,000.00 0.0000009 $0.92
101 GWRC Wellington Regional Economic Devleopment (U) 1.00 17.25 $17.25
111 Representation & Development (C) 1,020,000.00 0.000441 $449.82
121 Regulatory Services rate (C) 1,020,000.00 0.000634 $646.68
201 GWRC Te Kauru River Management (C) 1,020,000.00 0.0000717 $73.13
Total $6,771.44

History

Year Land Value Capital Value Annual Rates
2023/2024 $320,000 $860,000 $5,704.20
2022/2023 $320,000 $860,000 $5,306.80
2021/2022 $320,000 $860,000 $4,915.40
2020/2021 $205,000 $600,000 $4,575.80
2019/2020 $205,000 $600,000 $4,496.00
2018/2019 $205,000 $510,000 $3,823.30
2017/2018 $165,000 $390,000 $3,511.30
2016/2017 $165,000 $390,000 $3,434.70
2015/2016 $165,000 $390,000 $3,336.30
2014/2015 $165,000 $400,000 $3,265.80