Valuation No.

18030-19300

Location

32 Jordan Terrace, Masterton

Legal Description

LOT 61 D P 1416

Certificate of Title

147/123

Ward No.

2

Zone

9A

Use

91

Category

RD191

TORAS

111000

Property Area (hectares)

0.1012

Current Rating Valuation

As valued at 1 September 2023

Land Value

$355,000

Improvements Value

$585,000

Capital Value

$940,000

Nature of Improvements

New Rating Valuation

As valued at 1 September 2023

New Land Value

$355,000

New Improvements Value

$585,000

New Capital Value

$940,000

New Nature of Improvements

Rates Information

Current Rating Year

2024/2025

Current Year Rates Instalments

Instalment 1.

$1,498.80

Instalment 2.

$1,498.70

Instalment 3.

$1,498.80

Instalment 4.

$1,498.70

Current Year's Rates

$5,995.00

Previous Year's Rates

$5,617.50

Rates for Next Year 2025/2026

Type Description (Basis) Factor Rate Estimated Amt
001 Roading rate (L) 355,000.00 0.001536 $545.28
016 Civic Amenities rate (C) 940,000.00 0.000682 $641.08
026 Urban Wastewater rate (C) 940,000.00 0.000984 $924.96
031 Sundry Facilities rate (C) 940,000.00 0.000488 $458.72
041 Water rate (C) 940,000.00 0.000689 $647.66
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) 940,000.00 0.0005127 $481.94
091 GWRC Public Transport (C) 940,000.00 0.0003181 $299.01
096 GWRC Stadium Purposes (C) 940,000.00 0.0000009 $0.85
101 GWRC Wellington Regional Economic Devleopment (U) 1.00 17.25 $17.25
111 Representation & Development (C) 940,000.00 0.000441 $414.54
121 Regulatory Services rate (C) 940,000.00 0.000634 $595.96
201 GWRC Te Kauru River Management (C) 940,000.00 0.0000717 $67.40
Total $6,339.65

History

Year Land Value Capital Value Annual Rates
2023/2024 $295,000 $850,000 $5,617.50
2022/2023 $295,000 $850,000 $5,226.90
2021/2022 $295,000 $850,000 $4,840.10
2020/2021 $180,000 $630,000 $4,703.50
2019/2020 $180,000 $630,000 $4,626.70
2018/2019 $180,000 $630,000 $4,437.80
2017/2018 $145,000 $485,000 $4,021.90
2016/2017 $145,000 $360,000 $3,223.60
2015/2016 $145,000 $360,000 $3,131.70
2014/2015 $145,000 $365,000 $3,040.80