Valuation No.

18030-25401

Location

35A Miro Street, Masterton

Legal Description

LOT 1 DP 47751

Certificate of Title

18C/871

Ward No.

2

Zone

9A

Use

91

Category

RD191

TORAS

111000

Property Area (hectares)

0.4090

Current Rating Valuation

As valued at 1 September 2023

Land Value

$480,000

Improvements Value

$620,000

Capital Value

$1,100,000

Nature of Improvements

New Rating Valuation

As valued at 1 September 2023

New Land Value

$480,000

New Improvements Value

$620,000

New Capital Value

$1,100,000

New Nature of Improvements

Rates Information

Current Rating Year

2024/2025

Current Year Rates Instalments

Instalment 1.

$1,723.30

Instalment 2.

$1,723.30

Instalment 3.

$1,723.30

Instalment 4.

$1,723.30

Current Year's Rates

$6,893.20

Previous Year's Rates

$6,522.60

Rates for Next Year 2025/2026

Type Description (Basis) Factor Rate Estimated Amt
001 Roading rate (L) 480,000.00 0.001536 $737.28
016 Civic Amenities rate (C) 1,100,000.00 0.000682 $750.20
026 Urban Wastewater rate (C) 1,100,000.00 0.000984 $1,082.40
031 Sundry Facilities rate (C) 1,100,000.00 0.000488 $536.80
041 Water rate (C) 1,100,000.00 0.000689 $757.90
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) 1,100,000.00 0.0005127 $563.97
091 GWRC Public Transport (C) 1,100,000.00 0.0003181 $349.91
096 GWRC Stadium Purposes (C) 1,100,000.00 0.0000009 $0.99
101 GWRC Wellington Regional Economic Devleopment (U) 1.00 17.25 $17.25
111 Representation & Development (C) 1,100,000.00 0.000441 $485.10
121 Regulatory Services rate (C) 1,100,000.00 0.000634 $697.40
201 GWRC Te Kauru River Management (C) 1,100,000.00 0.0000717 $78.87
Total $7,303.07

History

Year Land Value Capital Value Annual Rates
2023/2024 $400,000 $1,000,000 $6,522.60
2022/2023 $400,000 $1,000,000 $6,065.00
2021/2022 $400,000 $1,000,000 $5,618.20
2020/2021 $205,000 $590,000 $4,518.30
2019/2020 $205,000 $590,000 $4,439.10
2018/2019 $205,000 $590,000 $4,259.50
2017/2018 $165,000 $450,000 $3,861.20
2016/2017 $165,000 $450,000 $3,773.40
2015/2016 $165,000 $450,000 $3,662.20
2014/2015 $165,000 $460,000 $3,572.80