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

2025/2026

Current Year Rates Instalments

Instalment 1.

$1,319.90

Instalment 2.

$1,319.80

Instalment 3.

$1,319.90

Instalment 4.

$1,319.80

Current Year's Rates

$5,279.40

Previous Year's Rates

$5,022.10

Rates for Next Year 2026/2027

Type Description (Basis) Factor Rate Estimated Amt
001 Roading rate (L) 280,000.00 0.001462 $409.36
016 Civic Amenities rate (C) 750,000.00 0.000682 $511.50
026 Urban Wastewater rate (C) 750,000.00 0.000987 $740.25
031 Sundry Facilities rate (C) 750,000.00 0.000503 $377.25
041 Water rate (C) 750,000.00 0.000701 $525.75
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) 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 0.000433 $324.75
121 Regulatory Services rate (C) 750,000.00 0.000604 $453.00
201 GWRC Te Kauru River Management (C) 750,000.00 0.0000717 $53.78
Total $5,279.06

History

Year Land Value Capital Value Annual Rates
2024/2025 $280,000 $750,000 $5,022.10
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