Valuation No.

18030-29200

Location

2A Miro Street, Masterton

Legal Description

LOT 12 D P 18376

Certificate of Title

D3/1252

Ward No.

2

Zone

9A

Use

91

Category

RD196

TORAS

111000

Property Area (hectares)

0.0938

Current Rating Valuation

As valued at 1 September 2023

Land Value

$280,000

Improvements Value

$470,000

Capital Value

$750,000

Nature of Improvements

New Rating Valuation

As valued at 1 September 2023

New Land Value

$280,000

New Improvements Value

$470,000

New Capital Value

$750,000

New Nature of Improvements

Rates Information

Current Rating Year

2024/2025

Current Year Rates Instalments

Instalment 1.

$1,255.50

Instalment 2.

$1,255.50

Instalment 3.

$1,255.60

Instalment 4.

$1,255.50

Current Year's Rates

$5,022.10

Previous Year's Rates

$4,678.10

Rates for Next Year 2025/2026

Type Description (Basis) Factor Rate Estimated Amt
001 Roading rate (L) 280,000.00 0.001536 $430.08
016 Civic Amenities rate (C) 750,000.00 0.000682 $511.50
026 Urban Wastewater rate (C) 750,000.00 0.000984 $738.00
031 Sundry Facilities rate (C) 750,000.00 0.000488 $366.00
041 Water rate (C) 750,000.00 0.000689 $516.75
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) 750,000.00 0.0005127 $384.53
091 GWRC Public Transport (C) 750,000.00 0.0003181 $238.58
096 GWRC Stadium Purposes (C) 750,000.00 0.0000009 $0.68
101 GWRC Wellington Regional Economic Devleopment (U) 1.00 17.25 $17.25
111 Representation & Development (C) 750,000.00 0.000441 $330.75
121 Regulatory Services rate (C) 750,000.00 0.000634 $475.50
201 GWRC Te Kauru River Management (C) 750,000.00 0.0000717 $53.78
Total $5,308.38

History

Year Land Value Capital Value Annual Rates
2023/2024 $235,000 $680,000 $4,678.10
2022/2023 $235,000 $680,000 $4,356.10
2021/2022 $235,000 $680,000 $4,034.80
2020/2021 $150,000 $490,000 $3,846.70
2019/2020 $150,000 $490,000 $3,782.40
2018/2019 $150,000 $490,000 $3,627.20
2017/2018 $121,000 $370,000 $3,299.90
2016/2017 $121,000 $370,000 $3,229.70
2015/2016 $121,000 $370,000 $3,136.00
2014/2015 $121,000 $375,000 $3,036.80