Valuation No.

18030-14200

Location

7 Terrace End, Masterton

Legal Description

LOT 9 D P 8638

Certificate of Title

437/62

Ward No.

2

Zone

9A

Use

91

Category

RD193B

TORAS

111000

Property Area (hectares)

0.1502

Current Rating Valuation

As valued at 1 September 2023

Land Value

$420,000

Improvements Value

$360,000

Capital Value

$780,000

Nature of Improvements

New Rating Valuation

As valued at 1 September 2023

New Land Value

$420,000

New Improvements Value

$400,000

New Capital Value

$820,000

New Nature of Improvements

Rates Information

Current Rating Year

2024/2025

Current Year Rates Instalments

Instalment 1.

$1,334.70

Instalment 2.

$1,334.70

Instalment 3.

$1,334.70

Instalment 4.

$1,334.60

Current Year's Rates

$5,338.70

Previous Year's Rates

$4,946.50

Rates for Next Year 2025/2026

Type Description (Basis) Factor Rate Estimated Amt
001 Roading rate (L) 420,000.00 0.001536 $645.12
016 Civic Amenities rate (C) 820,000.00 0.000682 $559.24
026 Urban Wastewater rate (C) 820,000.00 0.000984 $806.88
031 Sundry Facilities rate (C) 820,000.00 0.000488 $400.16
041 Water rate (C) 820,000.00 0.000689 $564.98
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) 820,000.00 0.0005127 $420.41
091 GWRC Public Transport (C) 820,000.00 0.0003181 $260.84
096 GWRC Stadium Purposes (C) 820,000.00 0.0000009 $0.74
101 GWRC Wellington Regional Economic Devleopment (U) 1.00 17.25 $17.25
111 Representation & Development (C) 820,000.00 0.000441 $361.62
121 Regulatory Services rate (C) 820,000.00 0.000634 $519.88
201 GWRC Te Kauru River Management (C) 820,000.00 0.0000717 $58.79
Total $5,860.92

History

Year Land Value Capital Value Annual Rates
2023/2024 $350,000 $700,000 $4,946.50
2022/2023 $350,000 $700,000 $4,603.90
2021/2022 $350,000 $700,000 $4,270.10
2020/2021 $225,000 $540,000 $4,267.00
2019/2020 $225,000 $540,000 $4,186.80
2018/2019 $225,000 $540,000 $4,018.60
2017/2018 $180,000 $475,000 $4,039.10
2016/2017 $180,000 $475,000 $3,945.60
2015/2016 $180,000 $475,000 $3,829.10
2014/2015 $180,000 $430,000 $3,453.80