Valuation No.

18030-18200

Location

21 King Edward Street, Masterton

Legal Description

LOT 58 DP 1416

Certificate of Title

158/171

Ward No.

2

Zone

9A

Use

91

Category

RD196

TORAS

111000

Property Area (hectares)

0.1012

Current Rating Valuation

As valued at 1 September 2023

Land Value

$320,000

Improvements Value

$310,000

Capital Value

$630,000

Nature of Improvements

New Rating Valuation

As valued at 1 September 2023

New Land Value

$320,000

New Improvements Value

$310,000

New Capital Value

$630,000

New Nature of Improvements

Rates Information

Current Rating Year

2025/2026

Current Year Rates Instalments

Instalment 1.

$1,190.00

Instalment 2.

$1,190.00

Instalment 3.

$1,190.00

Instalment 4.

$1,190.00

Current Year's Rates

$4,760.00

Previous Year's Rates

$4,518.70

Rates for Next Year 2026/2027

Type Description (Basis) Factor Rate Estimated Amt
001 Roading rate (L) 320,000.00 0.001462 $467.84
016 Civic Amenities rate (C) 630,000.00 0.000682 $429.66
026 Urban Wastewater rate (C) 630,000.00 0.000987 $621.81
031 Sundry Facilities rate (C) 630,000.00 0.000503 $316.89
041 Water rate (C) 630,000.00 0.000701 $441.63
046 Annual charge () 1.00 571.40 $571.40
056 Roading charge () 1.00 102.40 $102.40
061 Recycling Collection charge () 1.00 99.00 $99.00
066 Water Supply charge () 1.00 192.40 $192.40
070 Urban Wastewater charge () 1.00 277.20 $277.20
086 GWRC General (C) 630,000.00 0.0005127 $323.00
091 GWRC Public Transport (C) 630,000.00 0.0003181 $200.40
096 GWRC Stadium Purposes (C) 630,000.00 0.0000009 $0.57
101 GWRC Wellington Regional Economic Devleopment (U) 1.00 17.25 $17.25
111 Representation & Development (C) 630,000.00 0.000433 $272.79
121 Regulatory Services rate (C) 630,000.00 0.000604 $380.52
201 GWRC Te Kauru River Management (C) 630,000.00 0.0000717 $45.17
Total $4,759.93

History

Year Land Value Capital Value Annual Rates
2024/2025 $320,000 $630,000 $4,518.70
2023/2024 $265,000 $530,000 $3,970.40
2022/2023 $265,000 $530,000 $3,699.50
2021/2022 $265,000 $530,000 $3,432.30
2020/2021 $170,000 $385,000 $3,279.90
2019/2020 $170,000 $385,000 $3,217.30
2018/2019 $170,000 $385,000 $3,086.50
2017/2018 $136,000 $285,000 $2,837.10
2016/2017 $136,000 $285,000 $2,781.80
2015/2016 $136,000 $285,000 $2,705.70