Valuation No.

18030-35100

Location

12 Matai Street, Masterton

Legal Description

LOT 2 DP 15520

Certificate of Title

38A/419

Ward No.

2

Zone

9A

Use

91

Category

RD194

TORAS

111000

Property Area (hectares)

0.1287

Current Rating Valuation

As valued at 1 September 2023

Land Value

$310,000

Improvements Value

$170,000

Capital Value

$480,000

Nature of Improvements

New Rating Valuation

As valued at 1 September 2023

New Land Value

$310,000

New Improvements Value

$170,000

New Capital Value

$480,000

New Nature of Improvements

Rates Information

Current Rating Year

2024/2025

Current Year Rates Instalments

Instalment 1.

$953.30

Instalment 2.

$953.20

Instalment 3.

$953.30

Instalment 4.

$953.20

Current Year's Rates

$3,813.00

Previous Year's Rates

$3,440.10

Rates for Next Year 2025/2026

Type Description (Basis) Factor Rate Estimated Amt
001 Roading rate (L) 310,000.00 0.001536 $476.16
016 Civic Amenities rate (C) 480,000.00 0.000682 $327.36
026 Urban Wastewater rate (C) 480,000.00 0.000984 $472.32
031 Sundry Facilities rate (C) 480,000.00 0.000488 $234.24
041 Water rate (C) 480,000.00 0.000689 $330.72
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) 480,000.00 0.0005127 $246.10
091 GWRC Public Transport (C) 480,000.00 0.0003181 $152.69
096 GWRC Stadium Purposes (C) 480,000.00 0.0000009 $0.43
101 GWRC Wellington Regional Economic Devleopment (U) 1.00 17.25 $17.25
111 Representation & Development (C) 480,000.00 0.000441 $211.68
121 Regulatory Services rate (C) 480,000.00 0.000634 $304.32
201 GWRC Te Kauru River Management (C) 480,000.00 0.0000717 $34.42
Total $4,052.68

History

Year Land Value Capital Value Annual Rates
2023/2024 $245,000 $430,000 $3,440.10
2022/2023 $245,000 $430,000 $3,207.90
2021/2022 $245,000 $430,000 $2,978.60
2020/2021 $120,000 $220,000 $2,243.80
2019/2020 $120,000 $220,000 $2,199.00
2018/2019 $120,000 $220,000 $2,107.70
2017/2018 $90,000 $170,000 $2,067.80
2016/2017 $90,000 $147,000 $1,907.00
2015/2016 $90,000 $147,000 $1,860.20
2014/2015 $90,000 $150,000 $1,814.60