Valuation No.

18030-24301

Location

7 Miro Street, Masterton

Legal Description

LOT 1 DP 31637

Certificate of Title

8B/181

Ward No.

2

Zone

9A

Use

91

Category

RD198

TORAS

111000

Property Area (hectares)

0.0794

Current Rating Valuation

As valued at 1 September 2023

Land Value

$280,000

Improvements Value

$320,000

Capital Value

$600,000

Nature of Improvements

New Rating Valuation

As valued at 1 September 2023

New Land Value

$280,000

New Improvements Value

$320,000

New Capital Value

$600,000

New Nature of Improvements

Rates Information

Current Rating Year

2024/2025

Current Year Rates Instalments

Instalment 1.

$1,082.30

Instalment 2.

$1,082.30

Instalment 3.

$1,082.30

Instalment 4.

$1,082.20

Current Year's Rates

$4,329.10

Previous Year's Rates

$3,876.30

Rates for Next Year 2025/2026

Type Description (Basis) Factor Rate Estimated Amt
001 Roading rate (L) 280,000.00 0.001536 $430.08
016 Civic Amenities rate (C) 600,000.00 0.000682 $409.20
026 Urban Wastewater rate (C) 600,000.00 0.000984 $590.40
031 Sundry Facilities rate (C) 600,000.00 0.000488 $292.80
041 Water rate (C) 600,000.00 0.000689 $413.40
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) 600,000.00 0.0005127 $307.62
091 GWRC Public Transport (C) 600,000.00 0.0003181 $190.86
096 GWRC Stadium Purposes (C) 600,000.00 0.0000009 $0.54
101 GWRC Wellington Regional Economic Devleopment (U) 1.00 17.25 $17.25
111 Representation & Development (C) 600,000.00 0.000441 $264.60
121 Regulatory Services rate (C) 600,000.00 0.000634 $380.40
201 GWRC Te Kauru River Management (C) 600,000.00 0.0000717 $43.02
Total $4,585.17

History

Year Land Value Capital Value Annual Rates
2023/2024 $235,000 $520,000 $3,876.30
2022/2023 $235,000 $520,000 $3,612.80
2021/2022 $235,000 $520,000 $3,350.40
2020/2021 $150,000 $375,000 $3,186.90
2019/2020 $150,000 $375,000 $3,128.60
2018/2019 $150,000 $375,000 $3,000.40
2017/2018 $121,000 $275,000 $2,746.60
2016/2017 $121,000 $275,000 $2,694.00
2015/2016 $121,000 $275,000 $2,620.10
2014/2015 $121,000 $280,000 $2,550.80