Valuation No.

18030-25301

Location

31A Miro Street, Masterton

Legal Description

LOT 1 DP 40714

Certificate of Title

13A/1158

Ward No.

2

Zone

9A

Use

91

Category

RD196

TORAS

111000

Property Area (hectares)

0.0555

Current Rating Valuation

As valued at 1 September 2023

Land Value

$230,000

Improvements Value

$135,000

Capital Value

$365,000

Nature of Improvements

New Rating Valuation

As valued at 1 September 2023

New Land Value

$230,000

New Improvements Value

$135,000

New Capital Value

$365,000

New Nature of Improvements

Rates Information

Current Rating Year

2024/2025

Current Year Rates Instalments

Instalment 1.

$795.10

Instalment 2.

$795.00

Instalment 3.

$795.10

Instalment 4.

$795.00

Current Year's Rates

$3,180.20

Previous Year's Rates

$2,808.40

Rates for Next Year 2025/2026

Type Description (Basis) Factor Rate Estimated Amt
001 Roading rate (L) 230,000.00 0.001536 $353.28
016 Civic Amenities rate (C) 365,000.00 0.000682 $248.93
026 Urban Wastewater rate (C) 365,000.00 0.000984 $359.16
031 Sundry Facilities rate (C) 365,000.00 0.000488 $178.12
041 Water rate (C) 365,000.00 0.000689 $251.49
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) 365,000.00 0.0005127 $187.14
091 GWRC Public Transport (C) 365,000.00 0.0003181 $116.11
096 GWRC Stadium Purposes (C) 365,000.00 0.0000009 $0.33
101 GWRC Wellington Regional Economic Devleopment (U) 1.00 17.25 $17.25
111 Representation & Development (C) 365,000.00 0.000441 $160.97
121 Regulatory Services rate (C) 365,000.00 0.000634 $231.41
201 GWRC Te Kauru River Management (C) 365,000.00 0.0000717 $26.17
Total $3,375.34

History

Year Land Value Capital Value Annual Rates
2023/2024 $190,000 $320,000 $2,808.40
2022/2023 $190,000 $320,000 $2,623.00
2021/2022 $190,000 $320,000 $2,436.50
2020/2021 $124,000 $245,000 $2,394.70
2019/2020 $124,000 $245,000 $2,347.80
2018/2019 $124,000 $245,000 $2,250.50
2017/2018 $99,000 $165,000 $2,058.10
2016/2017 $99,000 $165,000 $2,027.40
2015/2016 $99,000 $165,000 $1,976.80
2014/2015 $99,000 $170,000 $1,937.50