Valuation No.

18030-15700

Location

7 Rahiwi Place, Masterton

Legal Description

LOT 1 DP 60297

Certificate of Title

31A/233

Ward No.

2

Zone

9A

Use

91

Category

RD192

TORAS

111000

Property Area (hectares)

0.3616

Current Rating Valuation

As valued at 1 September 2023

Land Value

$560,000

Improvements Value

$1,310,000

Capital Value

$1,870,000

Nature of Improvements

New Rating Valuation

As valued at 1 September 2023

New Land Value

$560,000

New Improvements Value

$1,310,000

New Capital Value

$1,870,000

New Nature of Improvements

Rates Information

Current Rating Year

2024/2025

Current Year Rates Instalments

Instalment 1.

$2,638.00

Instalment 2.

$2,638.00

Instalment 3.

$2,638.00

Instalment 4.

$2,637.90

Current Year's Rates

$10,551.90

Previous Year's Rates

$10,174.90

Rates for Current Year 2024/2025

Type Description (Basis) Factor Rate Estimated Amt
001 Roading rate (L) 560,000.00 0.001273 $712.90
016 Civic Amenities rate (C) 1,870,000.00 0.000663 $1,239.80
026 Urban Wastewater rate (C) 1,870,000.00 0.000965 $1,804.60
031 Sundry Facilities rate (C) 1,870,000.00 0.000487 $910.70
041 Water rate (C) 1,870,000.00 0.000658 $1,230.50
046 Annual charge () 1.00 545.00 $545.00
056 Roading charge () 1.00 85.00 $85.00
061 Recycling Collection charge () 1.00 105.00 $105.00
066 Water Supply charge () 1.00 180.00 $180.00
070 Urban Wastewater charge () 1.00 269.00 $269.00
086 GWRC General (C) 1,870,000.00 0.0005131 $959.50
091 GWRC Public Transport (C) 1,870,000.00 0.0003035 $567.60
101 GWRC Wellington Regional Economic Devleopment (U) 1.00 17.25 $17.30
111 Representation & Development (C) 1,870,000.00 0.000418 $781.70
121 Regulatory Services rate (C) 1,870,000.00 0.000557 $1,041.60
201 GWRC Te Kauru River Management (C) 1,870,000.00 0.0000544 $101.70
Total $10,551.90

History

Year Land Value Capital Value Annual Rates
2023/2024 $465,000 $1,710,000 $10,174.90
2022/2023 $465,000 $1,710,000 $9,451.20
2021/2022 $465,000 $1,710,000 $8,739.70
2020/2021 $300,000 $1,450,000 $9,623.00
2019/2020 $300,000 $1,450,000 $9,481.60
2018/2019 $300,000 $1,450,000 $9,098.00
2017/2018 $240,000 $870,000 $6,469.90
2016/2017 $240,000 $870,000 $6,299.20
2015/2016 $240,000 $870,000 $6,099.30
2014/2015 $240,000 $890,000 $5,944.40