Valuation No.

18030-18600

Location

29 King Edward Street, Masterton

Legal Description

LOT 3 D P 28915

Certificate of Title

5C/911

Ward No.

2

Zone

9A

Use

91

Category

RD193

TORAS

111000

Property Area (hectares)

0.0663

Current Rating Valuation

As valued at 1 September 2023

Land Value

$305,000

Improvements Value

$175,000

Capital Value

$480,000

Nature of Improvements

New Rating Valuation

As valued at 1 September 2023

New Land Value

$305,000

New Improvements Value

$175,000

New Capital Value

$480,000

New Nature of Improvements

Rates Information

Current Rating Year

2024/2025

Current Year Rates Instalments

Instalment 1.

$951.70

Instalment 2.

$951.70

Instalment 3.

$951.70

Instalment 4.

$951.60

Current Year's Rates

$3,806.70

Previous Year's Rates

$3,429.90

Rates for Current Year 2024/2025

Type Description (Basis) Factor Rate Estimated Amt
001 Roading rate (L) 305,000.00 0.001273 $388.30
016 Civic Amenities rate (C) 480,000.00 0.000663 $318.20
026 Urban Wastewater rate (C) 480,000.00 0.000965 $463.20
031 Sundry Facilities rate (C) 480,000.00 0.000487 $233.80
041 Water rate (C) 480,000.00 0.000658 $315.80
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) 480,000.00 0.0005131 $246.30
091 GWRC Public Transport (C) 480,000.00 0.0003035 $145.70
101 GWRC Wellington Regional Economic Devleopment (U) 1.00 17.25 $17.30
111 Representation & Development (C) 480,000.00 0.000418 $200.60
121 Regulatory Services rate (C) 480,000.00 0.000557 $267.40
201 GWRC Te Kauru River Management (C) 480,000.00 0.0000544 $26.10
Total $3,806.70

History

Year Land Value Capital Value Annual Rates
2023/2024 $255,000 $425,000 $3,429.90
2022/2023 $255,000 $425,000 $3,198.40
2021/2022 $255,000 $425,000 $2,970.20
2020/2021 $165,000 $285,000 $2,697.00
2019/2020 $165,000 $285,000 $2,640.70
2018/2019 $165,000 $285,000 $2,533.60
2017/2018 $132,000 $200,000 $2,333.30
2016/2017 $132,000 $200,000 $2,294.00
2015/2016 $132,000 $200,000 $2,235.60
2014/2015 $132,000 $205,000 $2,192.60