Valuation No.

18030-27800

Location

22B Miro Street, Masterton

Legal Description

LOT 4 DP 23182

Certificate of Title

A1/253

Ward No.

2

Zone

9A

Use

91

Category

RD196

TORAS

111000

Property Area (hectares)

0.1238

Current Rating Valuation

As valued at 1 September 2023

Land Value

$305,000

Improvements Value

$335,000

Capital Value

$640,000

Nature of Improvements

New Rating Valuation

As valued at 1 September 2023

New Land Value

$305,000

New Improvements Value

$335,000

New Capital Value

$640,000

New Nature of Improvements

Rates Information

Current Rating Year

2024/2025

Current Year Rates Instalments

Instalment 1.

$1,136.40

Instalment 2.

$1,136.40

Instalment 3.

$1,136.50

Instalment 4.

$1,136.40

Current Year's Rates

$4,545.70

Previous Year's Rates

$4,156.10

Rates for Next Year 2025/2026

Type Description (Basis) Factor Rate Estimated Amt
001 Roading rate (L) 305,000.00 0.001536 $468.48
016 Civic Amenities rate (C) 640,000.00 0.000682 $436.48
026 Urban Wastewater rate (C) 640,000.00 0.000984 $629.76
031 Sundry Facilities rate (C) 640,000.00 0.000488 $312.32
041 Water rate (C) 640,000.00 0.000689 $440.96
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) 640,000.00 0.0005127 $328.13
091 GWRC Public Transport (C) 640,000.00 0.0003181 $203.58
096 GWRC Stadium Purposes (C) 640,000.00 0.0000009 $0.58
101 GWRC Wellington Regional Economic Devleopment (U) 1.00 17.25 $17.25
111 Representation & Development (C) 640,000.00 0.000441 $282.24
121 Regulatory Services rate (C) 640,000.00 0.000634 $405.76
201 GWRC Te Kauru River Management (C) 640,000.00 0.0000717 $45.89
Total $4,816.43

History

Year Land Value Capital Value Annual Rates
2023/2024 $255,000 $570,000 $4,156.10
2022/2023 $255,000 $570,000 $3,872.10
2021/2022 $255,000 $570,000 $3,590.50
2020/2021 $165,000 $370,000 $3,184.80
2019/2020 $165,000 $370,000 $3,124.00
2018/2019 $165,000 $370,000 $2,996.90
2017/2018 $132,000 $270,000 $2,741.10
2016/2017 $132,000 $270,000 $2,688.70
2015/2016 $132,000 $270,000 $2,615.80
2014/2015 $132,000 $275,000 $2,550.70