Valuation No.

18030-27500

Location

28 Miro Street, Masterton

Legal Description

LOT 28 DP 22540

Certificate of Title

965/51

Ward No.

2

Zone

9A

Use

91

Category

RD196

TORAS

111000

Property Area (hectares)

0.1012

Current Rating Valuation

As valued at 1 September 2023

Land Value

$320,000

Improvements Value

$260,000

Capital Value

$580,000

Nature of Improvements

New Rating Valuation

As valued at 1 September 2023

New Land Value

$320,000

New Improvements Value

$260,000

New Capital Value

$580,000

New Nature of Improvements

Rates Information

Current Rating Year

2024/2025

Current Year Rates Instalments

Instalment 1.

$1,071.90

Instalment 2.

$1,071.90

Instalment 3.

$1,072.00

Instalment 4.

$1,071.90

Current Year's Rates

$4,287.70

Previous Year's Rates

$3,920.20

Rates for Next Year 2025/2026

Type Description (Basis) Factor Rate Estimated Amt
001 Roading rate (L) 320,000.00 0.001536 $491.52
016 Civic Amenities rate (C) 580,000.00 0.000682 $395.56
026 Urban Wastewater rate (C) 580,000.00 0.000984 $570.72
031 Sundry Facilities rate (C) 580,000.00 0.000488 $283.04
041 Water rate (C) 580,000.00 0.000689 $399.62
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) 580,000.00 0.0005127 $297.37
091 GWRC Public Transport (C) 580,000.00 0.0003181 $184.50
096 GWRC Stadium Purposes (C) 580,000.00 0.0000009 $0.52
101 GWRC Wellington Regional Economic Devleopment (U) 1.00 17.25 $17.25
111 Representation & Development (C) 580,000.00 0.000441 $255.78
121 Regulatory Services rate (C) 580,000.00 0.000634 $367.72
201 GWRC Te Kauru River Management (C) 580,000.00 0.0000717 $41.59
Total $4,550.18

History

Year Land Value Capital Value Annual Rates
2023/2024 $265,000 $520,000 $3,920.20
2022/2023 $265,000 $520,000 $3,653.20
2021/2022 $265,000 $520,000 $3,389.50
2020/2021 $170,000 $370,000 $3,815.90
2019/2020 $170,000 $370,000 $3,754.20
2018/2019 $170,000 $370,000 $3,627.00
2017/2018 $136,000 $270,000 $3,371.90
2016/2017 $136,000 $270,000 $2,697.10
2015/2016 $136,000 $270,000 $2,624.20
2014/2015 $136,000 $275,000 $2,559.90