Valuation No.

18030-14700

Location

8 Terrace End, Masterton

Legal Description

LOT 3 DP 25104 LOT 1 DP 79943

Certificate of Title

46D/262

Ward No.

2

Zone

9A

Use

91

Category

RD196

TORAS

111000

Property Area (hectares)

0.1580

Current Rating Valuation

As valued at 1 September 2023

Land Value

$400,000

Improvements Value

$280,000

Capital Value

$680,000

Nature of Improvements

New Rating Valuation

As valued at 1 September 2023

New Land Value

$400,000

New Improvements Value

$280,000

New Capital Value

$680,000

New Nature of Improvements

Rates Information

Current Rating Year

2024/2025

Current Year Rates Instalments

Instalment 1.

$1,212.90

Instalment 2.

$1,212.80

Instalment 3.

$1,212.90

Instalment 4.

$1,212.80

Current Year's Rates

$4,851.40

Previous Year's Rates

$4,473.60

Rates for Next Year 2025/2026

Type Description (Basis) Factor Rate Estimated Amt
001 Roading rate (L) 400,000.00 0.001536 $614.40
016 Civic Amenities rate (C) 680,000.00 0.000682 $463.76
026 Urban Wastewater rate (C) 680,000.00 0.000984 $669.12
031 Sundry Facilities rate (C) 680,000.00 0.000488 $331.84
041 Water rate (C) 680,000.00 0.000689 $468.52
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) 680,000.00 0.0005127 $348.64
091 GWRC Public Transport (C) 680,000.00 0.0003181 $216.31
096 GWRC Stadium Purposes (C) 680,000.00 0.0000009 $0.61
101 GWRC Wellington Regional Economic Devleopment (U) 1.00 17.25 $17.25
111 Representation & Development (C) 680,000.00 0.000441 $299.88
121 Regulatory Services rate (C) 680,000.00 0.000634 $431.12
201 GWRC Te Kauru River Management (C) 680,000.00 0.0000717 $48.76
Total $5,155.20

History

Year Land Value Capital Value Annual Rates
2023/2024 $335,000 $610,000 $4,473.60
2022/2023 $335,000 $610,000 $4,165.60
2021/2022 $335,000 $610,000 $3,865.50
2020/2021 $215,000 $455,000 $3,761.40
2019/2020 $215,000 $455,000 $3,687.50
2018/2019 $215,000 $455,000 $3,539.50
2017/2018 $170,000 $340,000 $3,231.00
2016/2017 $170,000 $340,000 $3,163.30
2015/2016 $170,000 $340,000 $3,075.40
2014/2015 $170,000 $345,000 $2,996.10