Valuation No.

18030-28901

Location

6 Miro Street, Masterton

Legal Description

LOT 2 DP 20899

Certificate of Title

23A/453

Ward No.

2

Zone

9A

Use

91

Category

RD198

TORAS

111000

Property Area (hectares)

0.0631

Current Rating Valuation

As valued at 1 September 2023

Land Value

$270,000

Improvements Value

$350,000

Capital Value

$620,000

Nature of Improvements

New Rating Valuation

As valued at 1 September 2023

New Land Value

$270,000

New Improvements Value

$350,000

New Capital Value

$620,000

New Nature of Improvements

Rates Information

Current Rating Year

2024/2025

Current Year Rates Instalments

Instalment 1.

$1,102.20

Instalment 2.

$1,102.20

Instalment 3.

$1,102.20

Instalment 4.

$1,102.20

Current Year's Rates

$4,408.80

Previous Year's Rates

$3,861.70

Rates for Next Year 2025/2026

Type Description (Basis) Factor Rate Estimated Amt
001 Roading rate (L) 270,000.00 0.001536 $414.72
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 $4,666.24

History

Year Land Value Capital Value Annual Rates
2023/2024 $225,000 $520,000 $3,861.70
2022/2023 $225,000 $520,000 $3,599.30
2021/2022 $225,000 $520,000 $3,337.40
2020/2021 $146,000 $370,000 $3,151.00
2019/2020 $146,000 $370,000 $3,093.60
2018/2019 $146,000 $370,000 $2,966.70
2017/2018 $117,000 $270,000 $2,708.70
2016/2017 $117,000 $270,000 $2,657.30
2015/2016 $117,000 $270,000 $2,584.50
2014/2015 $117,000 $275,000 $2,516.20