Property Details
Valuation No.
18030-17400
Location
3 King Edward Street, Masterton
Legal Description
LOT 71 D P 1416
Certificate of Title
317/168
Ward No.
2
Zone
9A
Use
91
Category
RD192
TORAS
111000
Property Area (hectares)
0.1105
Current Rating Valuation
As valued at 1 September 2023
Land Value
$335,000
Improvements Value
$375,000
Capital Value
$710,000
Nature of Improvements
New Rating Valuation
As valued at 1 September 2023
New Land Value
$335,000
New Improvements Value
$375,000
New Capital Value
$710,000
Rates Information
Current Rating Year
2024/2025
Current Year Rates Instalments
Instalment 1.
$1,381.30
Instalment 2.
$1,381.30
Instalment 3.
$1,381.30
Instalment 4.
$1,381.20
Current Year's Rates
$5,525.10
Previous Year's Rates
$5,162.70
Rates for Next Year 2025/2026
| Type | Description (Basis) | Factor | Rate | Estimated Amt | |
|---|---|---|---|---|---|
| 001 | Roading rate (L) | 335,000.00 | 0.001536 | $514.56 | |
| 016 | Civic Amenities rate (C) | 710,000.00 | 0.000682 | $484.22 | |
| 026 | Urban Wastewater rate (C) | 710,000.00 | 0.000984 | $698.64 | |
| 031 | Sundry Facilities rate (C) | 710,000.00 | 0.000488 | $346.48 | |
| 041 | Water rate (C) | 710,000.00 | 0.000689 | $489.19 | |
| 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) | 710,000.00 | 0.0005127 | $364.02 | |
| 091 | GWRC Public Transport (C) | 710,000.00 | 0.0003181 | $225.85 | |
| 096 | GWRC Stadium Purposes (C) | 710,000.00 | 0.0000009 | $0.64 | |
| 101 | GWRC Wellington Regional Economic Devleopment (U) | 1.00 | 17.25 | $17.25 | |
| 105 | Warm Greater Wellington Rate (U) | 4,117.73 | 0.15000 | $617.66 | |
| 111 | Representation & Development (C) | 710,000.00 | 0.000441 | $313.11 | |
| 121 | Regulatory Services rate (C) | 710,000.00 | 0.000634 | $450.14 | |
| 201 | GWRC Te Kauru River Management (C) | 710,000.00 | 0.0000717 | $50.91 | |
| Total | $5,817.66 | ||||
History
| Year | Land Value | Capital Value | Annual Rates |
|---|---|---|---|
| 2023/2024 | $280,000 | $640,000 | $5,162.70 |
| 2022/2023 | $280,000 | $640,000 | $4,849.90 |
| 2021/2022 | $280,000 | $640,000 | $4,540.00 |
| 2020/2021 | $180,000 | $455,000 | $4,316.90 |
| 2019/2020 | $180,000 | $425,000 | $4,078.70 |
| 2018/2019 | $180,000 | $425,000 | $3,938.10 |
| 2017/2018 | $145,000 | $350,000 | $3,235.50 |
| 2016/2017 | $145,000 | $350,000 | $3,167.40 |
| 2015/2016 | $145,000 | $325,000 | $2,941.80 |
| 2014/2015 | $145,000 | $330,000 | $2,861.80 |