Valuation No.

18030-24300

Location

5 Miro Street, Masterton

Legal Description

LOT 2 DP 31637

Certificate of Title

41D/397

Ward No.

2

Zone

9A

Use

91

Category

RD199

TORAS

111000

Property Area (hectares)

0.0764

Current Rating Valuation

As valued at 1 September 2023

Land Value

$260,000

Improvements Value

$360,000

Capital Value

$620,000

Nature of Improvements

New Rating Valuation

As valued at 1 September 2023

New Land Value

$260,000

New Improvements Value

$360,000

New Capital Value

$620,000

New Nature of Improvements

Rates Information

Current Rating Year

2025/2026

Current Year Rates Instalments

Instalment 1.

$1,156.10

Instalment 2.

$1,156.00

Instalment 3.

$1,156.10

Instalment 4.

$1,156.00

Current Year's Rates

$4,624.20

Previous Year's Rates

$4,396.10

Rates for Current Year 2025/2026

Type Description (Basis) Factor Rate Estimated Amt
001 Roading rate (L) 260,000.00 0.001462 $380.10
016 Civic Amenities rate (C) 620,000.00 0.000682 $422.80
026 Urban Wastewater rate (C) 620,000.00 0.000987 $611.90
031 Sundry Facilities rate (C) 620,000.00 0.000503 $311.90
041 Water rate (C) 620,000.00 0.000701 $434.60
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) 620,000.00 0.0005127 $317.90
091 GWRC Public Transport (C) 620,000.00 0.0003181 $197.20
096 GWRC Stadium Purposes (C) 620,000.00 0.0000009 $0.60
101 GWRC Wellington Regional Economic Devleopment (U) 1.00 17.25 $17.30
111 Representation & Development (C) 620,000.00 0.000433 $268.50
121 Regulatory Services rate (C) 620,000.00 0.000604 $374.50
201 GWRC Te Kauru River Management (C) 620,000.00 0.0000717 $44.50
Total $4,624.20

History

Year Land Value Capital Value Annual Rates
2024/2025 $260,000 $620,000 $4,396.10
2023/2024 $215,000 $530,000 $3,897.30
2022/2023 $215,000 $530,000 $3,632.10
2021/2022 $215,000 $530,000 $3,367.20
2020/2021 $139,000 $415,000 $3,396.70
2019/2020 $139,000 $415,000 $3,338.50
2018/2019 $139,000 $415,000 $3,200.80
2017/2018 $111,000 $310,000 $2,928.90
2016/2017 $111,000 $310,000 $2,870.50
2015/2016 $111,000 $310,000 $2,789.30