Valuation No.

18030-26300

Location

51 Miro Street, Masterton

Legal Description

LOT 17 D P 22540

Certificate of Title

956/44

Ward No.

2

Zone

9A

Use

91

Category

RD196

TORAS

111000

Property Area (hectares)

0.0876

Current Rating Valuation

As valued at 1 September 2023

Land Value

$325,000

Improvements Value

$295,000

Capital Value

$620,000

Nature of Improvements

New Rating Valuation

As valued at 1 September 2023

New Land Value

$325,000

New Improvements Value

$295,000

New Capital Value

$620,000

New Nature of Improvements

Rates Information

Current Rating Year

2024/2025

Current Year Rates Instalments

Instalment 1.

$1,119.70

Instalment 2.

$1,119.70

Instalment 3.

$1,119.70

Instalment 4.

$1,119.70

Current Year's Rates

$4,478.80

Previous Year's Rates

$3,977.70

Rates for Next Year 2025/2026

Type Description (Basis) Factor Rate Estimated Amt
001 Roading rate (L) 325,000.00 0.001536 $499.20
016 Civic Amenities rate (C) 620,000.00 0.000682 $422.84
026 Urban Wastewater rate (C) 620,000.00 0.000984 $610.08
031 Sundry Facilities rate (C) 620,000.00 0.000488 $302.56
041 Water rate (C) 620,000.00 0.000689 $427.18
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) 620,000.00 0.0005127 $317.87
091 GWRC Public Transport (C) 620,000.00 0.0003181 $197.22
096 GWRC Stadium Purposes (C) 620,000.00 0.0000009 $0.56
101 GWRC Wellington Regional Economic Devleopment (U) 1.00 17.25 $17.25
111 Representation & Development (C) 620,000.00 0.000441 $273.42
121 Regulatory Services rate (C) 620,000.00 0.000634 $393.08
201 GWRC Te Kauru River Management (C) 620,000.00 0.0000717 $44.45
Total $4,750.72

History

Year Land Value Capital Value Annual Rates
2023/2024 $270,000 $530,000 $3,977.70
2022/2023 $270,000 $530,000 $3,706.20
2021/2022 $270,000 $530,000 $3,438.80
2020/2021 $175,000 $385,000 $3,288.80
2019/2020 $175,000 $385,000 $3,225.30
2018/2019 $175,000 $385,000 $3,094.40
2017/2018 $141,000 $285,000 $2,847.90
2016/2017 $141,000 $285,000 $2,792.30
2015/2016 $141,000 $285,000 $2,716.10
2014/2015 $141,000 $290,000 $2,647.90