Valuation No.

18030-26700

Location

50 Miro Street, Masterton

Legal Description

LOT 1 DP 88484

Certificate of Title

55D/980

Ward No.

2

Zone

9A

Use

91

Category

RD196

TORAS

111000

Property Area (hectares)

0.1248

Current Rating Valuation

As valued at 1 September 2023

Land Value

$340,000

Improvements Value

$330,000

Capital Value

$670,000

Nature of Improvements

New Rating Valuation

As valued at 1 September 2023

New Land Value

$340,000

New Improvements Value

$330,000

New Capital Value

$670,000

New Nature of Improvements

Rates Information

Current Rating Year

2024/2025

Current Year Rates Instalments

Instalment 1.

$1,182.30

Instalment 2.

$1,182.30

Instalment 3.

$1,182.30

Instalment 4.

$1,182.20

Current Year's Rates

$4,729.10

Previous Year's Rates

$4,328.40

Rates for Next Year 2025/2026

Type Description (Basis) Factor Rate Estimated Amt
001 Roading rate (L) 340,000.00 0.001536 $522.24
016 Civic Amenities rate (C) 670,000.00 0.000682 $456.94
026 Urban Wastewater rate (C) 670,000.00 0.000984 $659.28
031 Sundry Facilities rate (C) 670,000.00 0.000488 $326.96
041 Water rate (C) 670,000.00 0.000689 $461.63
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) 670,000.00 0.0005127 $343.51
091 GWRC Public Transport (C) 670,000.00 0.0003181 $213.13
096 GWRC Stadium Purposes (C) 670,000.00 0.0000009 $0.60
101 GWRC Wellington Regional Economic Devleopment (U) 1.00 17.25 $17.25
111 Representation & Development (C) 670,000.00 0.000441 $295.47
121 Regulatory Services rate (C) 670,000.00 0.000634 $424.78
201 GWRC Te Kauru River Management (C) 670,000.00 0.0000717 $48.04
Total $5,014.83

History

Year Land Value Capital Value Annual Rates
2023/2024 $270,000 $600,000 $4,328.40
2022/2023 $270,000 $600,000 $4,031.50
2021/2022 $270,000 $600,000 $3,738.20
2020/2021 $175,000 $445,000 $3,633.10
2019/2020 $175,000 $445,000 $3,566.70
2018/2019 $175,000 $445,000 $3,421.50
2017/2018 $141,000 $335,000 $3,139.30
2016/2017 $141,000 $335,000 $3,074.20
2015/2016 $141,000 $335,000 $2,987.60
2014/2015 $141,000 $340,000 $2,903.60