Valuation No.

18030-22500

Location

12 King Edward Street, Masterton

Legal Description

LOT 17 D P 1416

Certificate of Title

163/172

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

$305,000

Improvements Value

$140,000

Capital Value

$445,000

Nature of Improvements

New Rating Valuation

As valued at 1 September 2023

New Land Value

$305,000

New Improvements Value

$140,000

New Capital Value

$445,000

New Nature of Improvements

Rates Information

Current Rating Year

2024/2025

Current Year Rates Instalments

Instalment 1.

$911.30

Instalment 2.

$911.20

Instalment 3.

$911.30

Instalment 4.

$911.20

Current Year's Rates

$3,645.00

Previous Year's Rates

$3,279.50

Rates for Next Year 2025/2026

Type Description (Basis) Factor Rate Estimated Amt
001 Roading rate (L) 305,000.00 0.001536 $468.48
016 Civic Amenities rate (C) 445,000.00 0.000682 $303.49
026 Urban Wastewater rate (C) 445,000.00 0.000984 $437.88
031 Sundry Facilities rate (C) 445,000.00 0.000488 $217.16
041 Water rate (C) 445,000.00 0.000689 $306.61
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) 445,000.00 0.0005127 $228.15
091 GWRC Public Transport (C) 445,000.00 0.0003181 $141.55
096 GWRC Stadium Purposes (C) 445,000.00 0.0000009 $0.40
101 GWRC Wellington Regional Economic Devleopment (U) 1.00 17.25 $17.25
111 Representation & Development (C) 445,000.00 0.000441 $196.25
121 Regulatory Services rate (C) 445,000.00 0.000634 $282.13
201 GWRC Te Kauru River Management (C) 445,000.00 0.0000717 $31.91
Total $3,876.25

History

Year Land Value Capital Value Annual Rates
2023/2024 $255,000 $395,000 $3,279.50
2022/2023 $255,000 $395,000 $3,059.10
2021/2022 $255,000 $395,000 $2,841.90
2020/2021 $165,000 $260,000 $2,553.40
2019/2020 $165,000 $260,000 $2,498.60
2018/2019 $165,000 $260,000 $2,397.30
2017/2018 $132,000 $180,000 $2,216.90
2016/2017 $132,000 $180,000 $2,181.20
2015/2016 $132,000 $180,000 $2,127.10
2014/2015 $132,000 $185,000 $2,090.30