Valuation No.

18030-35301

Location

21 Third Street, Masterton

Legal Description

LOT 2 DP 1025

Certificate of Title

97314

Ward No.

2

Zone

9A

Use

91

Category

RD191

TORAS

111000

Property Area (hectares)

0.2023

Current Rating Valuation

As valued at 1 September 2023

Land Value

$415,000

Improvements Value

$315,000

Capital Value

$730,000

Nature of Improvements

New Rating Valuation

As valued at 1 September 2023

New Land Value

$415,000

New Improvements Value

$315,000

New Capital Value

$730,000

New Nature of Improvements

Rates Information

Current Rating Year

2024/2025

Current Year Rates Instalments

Instalment 1.

$1,275.40

Instalment 2.

$1,275.40

Instalment 3.

$1,275.40

Instalment 4.

$1,275.30

Current Year's Rates

$5,101.50

Previous Year's Rates

$4,640.50

Rates for Current Year 2024/2025

Type Description (Basis) Factor Rate Estimated Amt
001 Roading rate (L) 415,000.00 0.001273 $528.30
016 Civic Amenities rate (C) 730,000.00 0.000663 $484.00
026 Urban Wastewater rate (C) 730,000.00 0.000965 $704.50
031 Sundry Facilities rate (C) 730,000.00 0.000487 $355.50
041 Water rate (C) 730,000.00 0.000658 $480.30
046 Annual charge () 1.00 545.00 $545.00
056 Roading charge () 1.00 85.00 $85.00
061 Recycling Collection charge () 1.00 105.00 $105.00
066 Water Supply charge () 1.00 180.00 $180.00
070 Urban Wastewater charge () 1.00 269.00 $269.00
086 GWRC General (C) 730,000.00 0.0005131 $374.60
091 GWRC Public Transport (C) 730,000.00 0.0003035 $221.60
101 GWRC Wellington Regional Economic Devleopment (U) 1.00 17.25 $17.30
111 Representation & Development (C) 730,000.00 0.000418 $305.10
121 Regulatory Services rate (C) 730,000.00 0.000557 $406.60
201 GWRC Te Kauru River Management (C) 730,000.00 0.0000544 $39.70
Total $5,101.50

History

Year Land Value Capital Value Annual Rates
2023/2024 $295,000 $655,000 $4,640.50
2022/2023 $295,000 $655,000 $4,320.80
2021/2022 $295,000 $655,000 $4,006.00
2020/2021 $190,000 $490,000 $3,917.70
2019/2020 $190,000 $465,000 $3,704.30
2018/2019 $190,000 $465,000 $3,554.30
2017/2018 $150,000 $350,000 $3,246.30
2016/2017 $150,000 $350,000 $3,177.90
2015/2016 $150,000 $350,000 $3,088.00
2014/2015 $150,000 $355,000 $3,001.10