Property Details
Valuation No.
18030-34600
Location
12 Fourth Street, Masterton
Legal Description
LOT 1 DP 17348 LOTS 2 3 DP 22828 - SUBJ TO & INT IN EASEMENTS ON DP 88435
Certificate of Title
957/28
Ward No.
2
Zone
9A
Use
91
Category
RD195
TORAS
111000
Property Area (hectares)
0.3519
Current Rating Valuation
As valued at 1 September 2023
Land Value
$400,000
Improvements Value
$250,000
Capital Value
$650,000
Nature of Improvements
New Rating Valuation
As valued at 1 September 2023
New Land Value
$400,000
New Improvements Value
$250,000
New Capital Value
$650,000
Rates Information
Current Rating Year
2024/2025
Current Year Rates Instalments
Instalment 1.
$1,178.30
Instalment 2.
$1,178.30
Instalment 3.
$1,178.30
Instalment 4.
$1,178.20
Current Year's Rates
$4,713.10
Previous Year's Rates
$4,323.30
Rates for Next Year 2025/2026
| Type | Description (Basis) | Factor | Rate | Estimated Amt | |
|---|---|---|---|---|---|
| 001 | Roading rate (L) | 400,000.00 | 0.001462 | $584.80 | |
| 016 | Civic Amenities rate (C) | 650,000.00 | 0.000682 | $443.30 | |
| 026 | Urban Wastewater rate (C) | 650,000.00 | 0.000987 | $641.55 | |
| 031 | Sundry Facilities rate (C) | 650,000.00 | 0.000503 | $326.95 | |
| 041 | Water rate (C) | 650,000.00 | 0.000701 | $455.65 | |
| 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) | 650,000.00 | 0.0005127 | $333.26 | |
| 091 | GWRC Public Transport (C) | 650,000.00 | 0.0003181 | $206.77 | |
| 096 | GWRC Stadium Purposes (C) | 650,000.00 | 0.0000009 | $0.59 | |
| 101 | GWRC Wellington Regional Economic Devleopment (U) | 1.00 | 17.25 | $17.25 | |
| 111 | Representation & Development (C) | 650,000.00 | 0.000433 | $281.45 | |
| 121 | Regulatory Services rate (C) | 650,000.00 | 0.000604 | $392.60 | |
| 201 | GWRC Te Kauru River Management (C) | 650,000.00 | 0.0000717 | $46.61 | |
| Total | $4,973.16 | ||||
History
| Year | Land Value | Capital Value | Annual Rates |
|---|---|---|---|
| 2023/2024 | $335,000 | $580,000 | $4,323.30 |
| 2022/2023 | $335,000 | $580,000 | $4,026.20 |
| 2021/2022 | $335,000 | $580,000 | $3,737.30 |
| 2020/2021 | $215,000 | $425,000 | $3,589.30 |
| 2019/2020 | $215,000 | $425,000 | $3,517.00 |
| 2018/2019 | $215,000 | $425,000 | $3,375.90 |
| 2017/2018 | $170,000 | $315,000 | $3,085.40 |
| 2016/2017 | $170,000 | $315,000 | $3,022.30 |
| 2015/2016 | $170,000 | $315,000 | $2,939.60 |
| 2014/2015 | $170,000 | $320,000 | $2,868.10 |