Valuation No.

18030-28700

Location

8 Miro Street, Masterton

Legal Description

LOT 1 DP 588392

Certificate of Title

1118890

Ward No.

2

Zone

9A

Use

91

Category

RD196B

TORAS

111000

Property Area (hectares)

0.0877

Current Rating Valuation

As valued at 1 September 2023

Land Value

$300,000

Improvements Value

$380,000

Capital Value

$680,000

Nature of Improvements

New Rating Valuation

As valued at 1 September 2023

New Land Value

$300,000

New Improvements Value

$380,000

New Capital Value

$680,000

New Nature of Improvements

Rates Information

Current Rating Year

2024/2025

Current Year Rates Instalments

Instalment 1.

$1,181.00

Instalment 2.

$1,181.00

Instalment 3.

$1,181.10

Instalment 4.

$1,181.00

Current Year's Rates

$4,724.10

Previous Year's Rates

$4,471.50

Rates for Current Year 2024/2025

Type Description (Basis) Factor Rate Estimated Amt
001 Roading rate (L) 300,000.00 0.001273 $381.90
016 Civic Amenities rate (C) 680,000.00 0.000663 $450.80
026 Urban Wastewater rate (C) 680,000.00 0.000965 $656.20
031 Sundry Facilities rate (C) 680,000.00 0.000487 $331.20
041 Water rate (C) 680,000.00 0.000658 $447.40
046 Annual charge () 1.00 545.00 $545.00
056 Roading charge () 1.00 85.00 $85.00
061 Recycling Collection charge () 1.00 105.00 $105.00
066 Water Supply charge () 1.00 180.00 $180.00
070 Urban Wastewater charge () 1.00 269.00 $269.00
086 GWRC General (C) 680,000.00 0.0005131 $348.90
091 GWRC Public Transport (C) 680,000.00 0.0003035 $206.40
101 GWRC Wellington Regional Economic Devleopment (U) 1.00 17.25 $17.30
111 Representation & Development (C) 680,000.00 0.000418 $284.20
121 Regulatory Services rate (C) 680,000.00 0.000557 $378.80
201 GWRC Te Kauru River Management (C) 680,000.00 0.0000544 $37.00
Total $4,724.10

History

Year Land Value Capital Value Annual Rates
2023/2024 $265,000 $630,000 $4,471.50
2022/2023 $265,000 $630,000 $4,164.10
2021/2022 $265,000 $630,000 $3,860.10
2020/2021 $170,000 $470,000 $3,767.60
2019/2020 $170,000 $470,000 $3,132.00
2018/2019 $170,000 $370,000 $3,004.80
2017/2018 $136,000 $270,000 $2,749.70
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