Valuation No.

18030-25300

Location

31 Miro Street, Masterton

Legal Description

LOT 2 DP 40714

Certificate of Title

13A/1159

Ward No.

2

Zone

9A

Use

91

Category

RD196

TORAS

111000

Property Area (hectares)

0.0513

Current Rating Valuation

As valued at 1 September 2023

Land Value

$230,000

Improvements Value

$190,000

Capital Value

$420,000

Nature of Improvements

New Rating Valuation

As valued at 1 September 2023

New Land Value

$230,000

New Improvements Value

$190,000

New Capital Value

$420,000

New Nature of Improvements

Rates Information

Current Rating Year

2025/2026

Current Year Rates Instalments

Instalment 1.

$904.40

Instalment 2.

$904.40

Instalment 3.

$904.40

Instalment 4.

$904.40

Current Year's Rates

$3,617.60

Previous Year's Rates

$3,434.20

Rates for Next Year 2026/2027

Type Description (Basis) Factor Rate Estimated Amt
001 Roading rate (L) 230,000.00 0.001462 $336.26
016 Civic Amenities rate (C) 420,000.00 0.000682 $286.44
026 Urban Wastewater rate (C) 420,000.00 0.000987 $414.54
031 Sundry Facilities rate (C) 420,000.00 0.000503 $211.26
041 Water rate (C) 420,000.00 0.000701 $294.42
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) 420,000.00 0.0005127 $215.33
091 GWRC Public Transport (C) 420,000.00 0.0003181 $133.60
096 GWRC Stadium Purposes (C) 420,000.00 0.0000009 $0.38
101 GWRC Wellington Regional Economic Devleopment (U) 1.00 17.25 $17.25
111 Representation & Development (C) 420,000.00 0.000433 $181.86
121 Regulatory Services rate (C) 420,000.00 0.000604 $253.68
201 GWRC Te Kauru River Management (C) 420,000.00 0.0000717 $30.11
Total $3,617.54

History

Year Land Value Capital Value Annual Rates
2024/2025 $230,000 $420,000 $3,434.20
2023/2024 $190,000 $370,000 $3,059.00
2022/2023 $190,000 $370,000 $2,855.40
2021/2022 $190,000 $370,000 $2,650.40
2020/2021 $124,000 $260,000 $2,480.60
2019/2020 $124,000 $260,000 $2,433.00
2018/2019 $124,000 $260,000 $2,332.20
2017/2018 $99,000 $180,000 $2,145.60
2016/2017 $99,000 $180,000 $2,112.00
2015/2016 $99,000 $180,000 $2,058.20