Valuation No.

18030-31600

Location

5 Third Street, Masterton

Legal Description

LOT 30 DP 15522

Certificate of Title

23C/321

Ward No.

2

Zone

9A

Use

91

Category

RD194

TORAS

121000

Property Area (hectares)

0.0826

Current Rating Valuation

As valued at 1 September 2023

Land Value

$290,000

Improvements Value

$145,000

Capital Value

$435,000

Nature of Improvements

New Rating Valuation

As valued at 1 September 2023

New Land Value

$290,000

New Improvements Value

$145,000

New Capital Value

$435,000

New Nature of Improvements

Rates Information

Current Rating Year

2025/2026

Current Year Rates Instalments

Instalment 1.

$944.40

Instalment 2.

$944.40

Instalment 3.

$944.40

Instalment 4.

$944.40

Current Year's Rates

$3,777.60

Previous Year's Rates

$3,579.80

Rates for Current Year 2025/2026

Type Description (Basis) Factor Rate Estimated Amt
001 Roading rate (L) 290,000.00 0.001462 $424.00
016 Civic Amenities rate (C) 435,000.00 0.000682 $296.70
026 Urban Wastewater rate (C) 435,000.00 0.000987 $429.40
031 Sundry Facilities rate (C) 435,000.00 0.000503 $218.80
041 Water rate (C) 435,000.00 0.000701 $304.90
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) 435,000.00 0.0005127 $223.00
091 GWRC Public Transport (C) 435,000.00 0.0003181 $138.40
096 GWRC Stadium Purposes (C) 435,000.00 0.0000009 $0.40
101 GWRC Wellington Regional Economic Devleopment (U) 1.00 17.25 $17.30
111 Representation & Development (C) 435,000.00 0.000433 $188.40
121 Regulatory Services rate (C) 435,000.00 0.000604 $262.70
201 GWRC Te Kauru River Management (C) 435,000.00 0.0000717 $31.20
Total $3,777.60

History

Year Land Value Capital Value Annual Rates
2024/2025 $290,000 $435,000 $3,579.80
2023/2024 $200,000 $385,000 $3,148.70
2022/2023 $200,000 $385,000 $2,938.40
2021/2022 $200,000 $385,000 $2,727.60
2020/2021 $129,000 $250,000 $2,432.20
2019/2020 $129,000 $250,000 $2,384.20
2018/2019 $129,000 $250,000 $2,285.70
2017/2018 $103,000 $170,000 $2,095.90
2016/2017 $103,000 $170,000 $2,063.90
2015/2016 $103,000 $170,000 $2,012.20