Valuation No.

18030-34801

Location

18 Matai Street, Masterton

Legal Description

LOT 1 DP 33758

Certificate of Title

10B/1151

Ward No.

2

Zone

9A

Use

91

Category

RD195

TORAS

111000

Property Area (hectares)

0.1138

Current Rating Valuation

As valued at 1 September 2023

Land Value

$320,000

Improvements Value

$190,000

Capital Value

$510,000

Nature of Improvements

New Rating Valuation

As valued at 1 September 2023

New Land Value

$320,000

New Improvements Value

$190,000

New Capital Value

$510,000

New Nature of Improvements

Rates Information

Current Rating Year

2025/2026

Current Year Rates Instalments

Instalment 1.

$1,045.60

Instalment 2.

$1,045.60

Instalment 3.

$1,045.60

Instalment 4.

$1,045.50

Current Year's Rates

$4,182.30

Previous Year's Rates

$3,964.50

Rates for Current Year 2025/2026

Type Description (Basis) Factor Rate Estimated Amt
001 Roading rate (L) 320,000.00 0.001462 $467.80
016 Civic Amenities rate (C) 510,000.00 0.000682 $347.80
026 Urban Wastewater rate (C) 510,000.00 0.000987 $503.40
031 Sundry Facilities rate (C) 510,000.00 0.000503 $256.50
041 Water rate (C) 510,000.00 0.000701 $357.50
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) 510,000.00 0.0005127 $261.50
091 GWRC Public Transport (C) 510,000.00 0.0003181 $162.20
096 GWRC Stadium Purposes (C) 510,000.00 0.0000009 $0.50
101 GWRC Wellington Regional Economic Devleopment (U) 1.00 17.25 $17.30
111 Representation & Development (C) 510,000.00 0.000433 $220.80
121 Regulatory Services rate (C) 510,000.00 0.000604 $308.00
201 GWRC Te Kauru River Management (C) 510,000.00 0.0000717 $36.60
Total $4,182.30

History

Year Land Value Capital Value Annual Rates
2024/2025 $320,000 $510,000 $3,964.50
2023/2024 $240,000 $455,000 $3,558.00
2022/2023 $240,000 $455,000 $3,317.50
2021/2022 $240,000 $455,000 $3,079.00
2020/2021 $135,000 $285,000 $2,643.70
2019/2020 $135,000 $285,000 $2,592.70
2018/2019 $135,000 $285,000 $2,486.00
2017/2018 $99,000 $200,000 $2,262.00
2016/2017 $99,000 $200,000 $2,224.80
2015/2016 $99,000 $200,000 $2,166.70