Valuation No.

18030-26000

Location

47 Miro Street, Masterton

Legal Description

LOT 1 DP 57146 - SUBJ TO DRAINAGE EASEMENT ON DP 22540

Certificate of Title

27A/238

Ward No.

2

Zone

9A

Use

91

Category

RD196

TORAS

111000

Property Area (hectares)

0.1023

Current Rating Valuation

As valued at 1 September 2023

Land Value

$335,000

Improvements Value

$535,000

Capital Value

$870,000

Nature of Improvements

New Rating Valuation

As valued at 1 September 2023

New Land Value

$335,000

New Improvements Value

$535,000

New Capital Value

$870,000

New Nature of Improvements

Rates Information

Current Rating Year

2024/2025

Current Year Rates Instalments

Instalment 1.

$1,411.60

Instalment 2.

$1,411.60

Instalment 3.

$1,411.70

Instalment 4.

$1,411.60

Current Year's Rates

$5,646.50

Previous Year's Rates

$5,294.80

Rates for Next Year 2025/2026

Type Description (Basis) Factor Rate Estimated Amt
001 Roading rate (L) 335,000.00 0.001536 $514.56
016 Civic Amenities rate (C) 870,000.00 0.000682 $593.34
026 Urban Wastewater rate (C) 870,000.00 0.000984 $856.08
031 Sundry Facilities rate (C) 870,000.00 0.000488 $424.56
041 Water rate (C) 870,000.00 0.000689 $599.43
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) 870,000.00 0.0005127 $446.05
091 GWRC Public Transport (C) 870,000.00 0.0003181 $276.75
096 GWRC Stadium Purposes (C) 870,000.00 0.0000009 $0.78
101 GWRC Wellington Regional Economic Devleopment (U) 1.00 17.25 $17.25
111 Representation & Development (C) 870,000.00 0.000441 $383.67
121 Regulatory Services rate (C) 870,000.00 0.000634 $551.58
201 GWRC Te Kauru River Management (C) 870,000.00 0.0000717 $62.38
Total $5,971.43

History

Year Land Value Capital Value Annual Rates
2023/2024 $280,000 $790,000 $5,294.80
2022/2023 $280,000 $790,000 $4,927.80
2021/2022 $280,000 $790,000 $4,563.90
2020/2021 $180,000 $620,000 $4,646.20
2019/2020 $180,000 $620,000 $4,569.70
2018/2019 $180,000 $620,000 $4,383.30
2017/2018 $145,000 $480,000 $3,992.80
2016/2017 $145,000 $480,000 $3,900.50
2015/2016 $145,000 $315,000 $2,887.40
2014/2015 $145,000 $320,000 $2,810.50