Valuation No.

18030-29100

Location

2 Miro Street, Masterton

Legal Description

PT LOT 2 D P 22739

Certificate of Title

B4/262

Ward No.

2

Zone

9A

Use

91

Category

RD196

TORAS

111000

Property Area (hectares)

0.1039

Current Rating Valuation

As valued at 1 September 2023

Land Value

$305,000

Improvements Value

$325,000

Capital Value

$630,000

Nature of Improvements

New Rating Valuation

As valued at 1 September 2023

New Land Value

$305,000

New Improvements Value

$325,000

New Capital Value

$630,000

New Nature of Improvements

Rates Information

Current Rating Year

2024/2025

Current Year Rates Instalments

Instalment 1.

$1,272.30

Instalment 2.

$1,272.30

Instalment 3.

$1,272.30

Instalment 4.

$1,272.20

Current Year's Rates

$5,089.10

Previous Year's Rates

$4,596.80

Rates for Next Year 2025/2026

Type Description (Basis) Factor Rate Estimated Amt
001 Roading rate (L) 305,000.00 0.001462 $445.91
016 Civic Amenities rate (C) 630,000.00 0.000682 $429.66
026 Urban Wastewater rate (C) 630,000.00 0.000987 $621.81
031 Sundry Facilities rate (C) 630,000.00 0.000503 $316.89
041 Water rate (C) 630,000.00 0.000701 $441.63
046 Annual charge () 1.00 571.40 $571.40
056 Roading charge () 1.00 102.40 $102.40
061 Recycling Collection charge () 1.00 99.00 $99.00
066 Water Supply charge () 1.00 192.40 $192.40
070 Urban Wastewater charge () 1.00 277.20 $277.20
086 GWRC General (C) 630,000.00 0.0005127 $323.00
091 GWRC Public Transport (C) 630,000.00 0.0003181 $200.40
096 GWRC Stadium Purposes (C) 630,000.00 0.0000009 $0.57
101 GWRC Wellington Regional Economic Devleopment (U) 1.00 17.25 $17.25
105 Warm Greater Wellington Rate (U) 3,929.73 0.15000 $589.46
111 Representation & Development (C) 630,000.00 0.000433 $272.79
121 Regulatory Services rate (C) 630,000.00 0.000604 $380.52
201 GWRC Te Kauru River Management (C) 630,000.00 0.0000717 $45.17
Total $5,327.46

History

Year Land Value Capital Value Annual Rates
2023/2024 $255,000 $540,000 $4,596.80
2022/2023 $255,000 $540,000 $4,323.40
2021/2022 $255,000 $540,000 $4,051.50
2020/2021 $165,000 $395,000 $3,917.90
2019/2020 $165,000 $395,000 $3,855.70
2018/2019 $165,000 $395,000 $3,722.50
2017/2018 $131,000 $290,000 $2,855.40
2016/2017 $131,000 $290,000 $2,799.30
2015/2016 $131,000 $290,000 $2,722.40
2014/2015 $131,000 $290,000 $2,624.90