Valuation No.

18030-19900B

Location

2 Jordan Terrace, Masterton

Legal Description

FLAT B DP 45968 HAVING 1/3 INT IN 1011 SQ METRES BEING LOT 6 DP 1416

Certificate of Title

16D/762

Ward No.

2

Zone

9A

Use

92

Category

RF197

TORAS

001200

Property Area (hectares)

0.0000

Current Rating Valuation

As valued at 1 September 2023

Land Value

$200,000

Improvements Value

$280,000

Capital Value

$480,000

Nature of Improvements

New Rating Valuation

As valued at 1 September 2023

New Land Value

$200,000

New Improvements Value

$280,000

New Capital Value

$480,000

New Nature of Improvements

Rates Information

Current Rating Year

2025/2026

Current Year Rates Instalments

Instalment 1.

$965.60

Instalment 2.

$965.60

Instalment 3.

$965.70

Instalment 4.

$965.60

Current Year's Rates

$3,862.50

Previous Year's Rates

$3,673.00

Rates for Current Year 2025/2026

Type Description (Basis) Factor Rate Estimated Amt
001 Roading rate (L) 200,000.00 0.001462 $292.40
016 Civic Amenities rate (C) 480,000.00 0.000682 $327.40
026 Urban Wastewater rate (C) 480,000.00 0.000987 $473.80
031 Sundry Facilities rate (C) 480,000.00 0.000503 $241.40
041 Water rate (C) 480,000.00 0.000701 $336.50
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) 480,000.00 0.0005127 $246.10
091 GWRC Public Transport (C) 480,000.00 0.0003181 $152.70
096 GWRC Stadium Purposes (C) 480,000.00 0.0000009 $0.40
101 GWRC Wellington Regional Economic Devleopment (U) 1.00 17.25 $17.30
111 Representation & Development (C) 480,000.00 0.000433 $207.80
121 Regulatory Services rate (C) 480,000.00 0.000604 $289.90
201 GWRC Te Kauru River Management (C) 480,000.00 0.0000717 $34.40
Total $3,862.50

History

Year Land Value Capital Value Annual Rates
2024/2025 $200,000 $480,000 $3,673.00
2023/2024 $165,000 $425,000 $3,298.20
2022/2023 $165,000 $425,000 $3,077.20
2021/2022 $165,000 $425,000 $2,853.10
2020/2021 $105,000 $285,000 $2,590.40
2019/2020 $105,000 $285,000 $2,544.70
2018/2019 $105,000 $285,000 $2,438.30
2017/2018 $84,000 $200,000 $2,229.70
2016/2017 $84,000 $200,000 $2,193.30
2015/2016 $84,000 $200,000 $2,135.40