Property Details
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
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 Next Year 2025/2026
| Type | Description (Basis) | Factor | Rate | Estimated Amt | |
|---|---|---|---|---|---|
| 001 | Roading rate (L) | 415,000.00 | 0.001536 | $637.44 | |
| 016 | Civic Amenities rate (C) | 730,000.00 | 0.000682 | $497.86 | |
| 026 | Urban Wastewater rate (C) | 730,000.00 | 0.000984 | $718.32 | |
| 031 | Sundry Facilities rate (C) | 730,000.00 | 0.000488 | $356.24 | |
| 041 | Water rate (C) | 730,000.00 | 0.000689 | $502.97 | |
| 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) | 730,000.00 | 0.0005127 | $374.27 | |
| 091 | GWRC Public Transport (C) | 730,000.00 | 0.0003181 | $232.21 | |
| 096 | GWRC Stadium Purposes (C) | 730,000.00 | 0.0000009 | $0.66 | |
| 101 | GWRC Wellington Regional Economic Devleopment (U) | 1.00 | 17.25 | $17.25 | |
| 111 | Representation & Development (C) | 730,000.00 | 0.000441 | $321.93 | |
| 121 | Regulatory Services rate (C) | 730,000.00 | 0.000634 | $462.82 | |
| 201 | GWRC Te Kauru River Management (C) | 730,000.00 | 0.0000717 | $52.34 | |
| Total | $5,419.31 | ||||
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 |