Valuation No.

18030-22400

Location

14 King Edward Street, Masterton

Legal Description

PT LOT 19 DP 1416

Certificate of Title

452/156

Ward No.

2

Zone

9A

Use

91

Category

RD193

TORAS

111000

Property Area (hectares)

0.0762

Current Rating Valuation

As valued at 1 September 2023

Land Value

$300,000

Improvements Value

$230,000

Capital Value

$530,000

Nature of Improvements

New Rating Valuation

As valued at 1 September 2023

New Land Value

$300,000

New Improvements Value

$230,000

New Capital Value

$530,000

New Nature of Improvements

Rates Information

Current Rating Year

2024/2025

Current Year Rates Instalments

Instalment 1.

$1,007.80

Instalment 2.

$1,007.80

Instalment 3.

$1,007.80

Instalment 4.

$1,007.80

Current Year's Rates

$4,031.20

Previous Year's Rates

$3,647.80

Rates for Next Year 2025/2026

Type Description (Basis) Factor Rate Estimated Amt
001 Roading rate (L) 300,000.00 0.001536 $460.80
016 Civic Amenities rate (C) 530,000.00 0.000682 $361.46
026 Urban Wastewater rate (C) 530,000.00 0.000984 $521.52
031 Sundry Facilities rate (C) 530,000.00 0.000488 $258.64
041 Water rate (C) 530,000.00 0.000689 $365.17
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) 530,000.00 0.0005127 $271.73
091 GWRC Public Transport (C) 530,000.00 0.0003181 $168.59
096 GWRC Stadium Purposes (C) 530,000.00 0.0000009 $0.48
101 GWRC Wellington Regional Economic Devleopment (U) 1.00 17.25 $17.25
111 Representation & Development (C) 530,000.00 0.000441 $233.73
121 Regulatory Services rate (C) 530,000.00 0.000634 $336.02
201 GWRC Te Kauru River Management (C) 530,000.00 0.0000717 $38.00
Total $4,278.39

History

Year Land Value Capital Value Annual Rates
2023/2024 $250,000 $470,000 $3,647.80
2022/2023 $250,000 $470,000 $3,400.80
2021/2022 $250,000 $470,000 $3,156.20
2020/2021 $160,000 $325,000 $2,917.60
2019/2020 $160,000 $325,000 $2,860.40
2018/2019 $160,000 $325,000 $2,743.40
2017/2018 $128,000 $235,000 $2,528.70
2016/2017 $128,000 $235,000 $2,483.00
2015/2016 $128,000 $235,000 $2,417.50
2014/2015 $128,000 $240,000 $2,362.30