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

2024/2025

Current Year Rates Instalments

Instalment 1.

$1,058.00

Instalment 2.

$1,058.00

Instalment 3.

$1,058.00

Instalment 4.

$1,058.00

Current Year's Rates

$4,232.00

Previous Year's Rates

$3,850.50

Rates for Next Year 2025/2026

Type Description (Basis) Factor Rate Estimated Amt
001 Roading rate (L) 240,000.00 0.001536 $368.64
016 Civic Amenities rate (C) 590,000.00 0.000682 $402.38
026 Urban Wastewater rate (C) 590,000.00 0.000984 $580.56
031 Sundry Facilities rate (C) 590,000.00 0.000488 $287.92
041 Water rate (C) 590,000.00 0.000689 $406.51
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) 590,000.00 0.0005127 $302.49
091 GWRC Public Transport (C) 590,000.00 0.0003181 $187.68
096 GWRC Stadium Purposes (C) 590,000.00 0.0000009 $0.53
101 GWRC Wellington Regional Economic Devleopment (U) 1.00 17.25 $17.25
111 Representation & Development (C) 590,000.00 0.000441 $260.19
121 Regulatory Services rate (C) 590,000.00 0.000634 $374.06
201 GWRC Te Kauru River Management (C) 590,000.00 0.0000717 $42.30
Total $4,475.52

History

Year Land Value Capital Value Annual Rates
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
2014/2015 $103,000 $230,000 $2,253.60