Valuation No.

18030-18500

Location

27 King Edward Street, Masterton

Legal Description

LOT 2 DP 28915

Certificate of Title

5C/910

Ward No.

2

Zone

9A

Use

91

Category

RD194

TORAS

111000

Property Area (hectares)

0.0685

Current Rating Valuation

As valued at 1 September 2023

Land Value

$290,000

Improvements Value

$330,000

Capital Value

$620,000

Nature of Improvements

New Rating Valuation

As valued at 1 September 2023

New Land Value

$290,000

New Improvements Value

$330,000

New Capital Value

$620,000

New Nature of Improvements

Rates Information

Current Rating Year

2024/2025

Current Year Rates Instalments

Instalment 1.

$1,108.60

Instalment 2.

$1,108.60

Instalment 3.

$1,108.60

Instalment 4.

$1,108.50

Current Year's Rates

$4,434.30

Previous Year's Rates

$4,084.10

Rates for Current Year 2024/2025

Type Description (Basis) Factor Rate Estimated Amt
001 Roading rate (L) 290,000.00 0.001273 $369.20
016 Civic Amenities rate (C) 620,000.00 0.000663 $411.10
026 Urban Wastewater rate (C) 620,000.00 0.000965 $598.30
031 Sundry Facilities rate (C) 620,000.00 0.000487 $301.90
041 Water rate (C) 620,000.00 0.000658 $408.00
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) 620,000.00 0.0005131 $318.10
091 GWRC Public Transport (C) 620,000.00 0.0003035 $188.20
101 GWRC Wellington Regional Economic Devleopment (U) 1.00 17.25 $17.30
111 Representation & Development (C) 620,000.00 0.000418 $259.20
121 Regulatory Services rate (C) 620,000.00 0.000557 $345.30
201 GWRC Te Kauru River Management (C) 620,000.00 0.0000544 $33.70
Total $4,434.30

History

Year Land Value Capital Value Annual Rates
2023/2024 $240,000 $560,000 $4,084.10
2022/2023 $240,000 $560,000 $3,805.40
2021/2022 $240,000 $560,000 $3,528.10
2020/2021 $155,000 $275,000 $2,621.80
2019/2020 $155,000 $275,000 $2,568.00
2018/2019 $155,000 $275,000 $2,463.20
2017/2018 $125,000 $190,000 $2,259.90
2016/2017 $125,000 $190,000 $2,222.90
2015/2016 $125,000 $190,000 $2,166.80
2014/2015 $125,000 $195,000 $2,125.40