Valuation No.

18030-23000B

Location

8 Jordan Terrace, Masterton

Legal Description

FLAT 2 DP 52946 HAVING 1/2 INT IN 673 SQMETRES BEING PT LOTS 5 7 DP 1416

Certificate of Title

22B/707

Ward No.

2

Zone

9A

Use

92

Category

RD198

TORAS

001200

Property Area (hectares)

0.0000

Current Rating Valuation

As valued at 1 September 2023

Land Value

$240,000

Improvements Value

$350,000

Capital Value

$590,000

Nature of Improvements

New Rating Valuation

As valued at 1 September 2023

New Land Value

$240,000

New Improvements Value

$350,000

New Capital Value

$590,000

New Nature of Improvements

Rates Information

Current Rating Year

2025/2026

Current Year Rates Instalments

Instalment 1.

$1,112.70

Instalment 2.

$1,112.60

Instalment 3.

$1,112.70

Instalment 4.

$1,112.60

Current Year's Rates

$4,450.60

Previous Year's Rates

$4,232.00

Rates for Current Year 2025/2026

Type Description (Basis) Factor Rate Estimated Amt
001 Roading rate (L) 240,000.00 0.001462 $350.90
016 Civic Amenities rate (C) 590,000.00 0.000682 $402.40
026 Urban Wastewater rate (C) 590,000.00 0.000987 $582.30
031 Sundry Facilities rate (C) 590,000.00 0.000503 $296.80
041 Water rate (C) 590,000.00 0.000701 $413.60
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) 590,000.00 0.0005127 $302.50
091 GWRC Public Transport (C) 590,000.00 0.0003181 $187.70
096 GWRC Stadium Purposes (C) 590,000.00 0.0000009 $0.50
101 GWRC Wellington Regional Economic Devleopment (U) 1.00 17.25 $17.30
111 Representation & Development (C) 590,000.00 0.000433 $255.50
121 Regulatory Services rate (C) 590,000.00 0.000604 $356.40
201 GWRC Te Kauru River Management (C) 590,000.00 0.0000717 $42.30
Total $4,450.60

History

Year Land Value Capital Value Annual Rates
2024/2025 $240,000 $590,000 $4,232.00
2023/2024 $200,000 $525,000 $3,850.50
2022/2023 $200,000 $525,000 $3,589.00
2021/2022 $200,000 $525,000 $3,326.40
2020/2021 $129,000 $315,000 $2,805.00
2019/2020 $129,000 $315,000 $2,753.90
2018/2019 $129,000 $315,000 $2,639.80
2017/2018 $103,000 $225,000 $2,416.60
2016/2017 $103,000 $225,000 $2,374.20
2015/2016 $103,000 $225,000 $2,311.10