Valuation No.

18030-35400

Location

6B Matai Street, Masterton

Legal Description

LOT 3 DP 348921

Certificate of Title

200762

Ward No.

2

Zone

9A

Use

91

Category

RD201

TORAS

111000

Property Area (hectares)

0.0467

Current Rating Valuation

As valued at 1 September 2023

Land Value

$170,000

Improvements Value

$430,000

Capital Value

$600,000

Nature of Improvements

New Rating Valuation

As valued at 1 September 2023

New Land Value

$170,000

New Improvements Value

$430,000

New Capital Value

$600,000

New Nature of Improvements

Rates Information

Current Rating Year

2024/2025

Current Year Rates Instalments

Instalment 1.

$1,047.30

Instalment 2.

$1,047.30

Instalment 3.

$1,047.30

Instalment 4.

$1,047.20

Current Year's Rates

$4,189.10

Previous Year's Rates

$3,837.50

Rates for Current Year 2024/2025

Type Description (Basis) Factor Rate Estimated Amt
001 Roading rate (L) 170,000.00 0.001273 $216.40
016 Civic Amenities rate (C) 600,000.00 0.000663 $397.80
026 Urban Wastewater rate (C) 600,000.00 0.000965 $579.00
031 Sundry Facilities rate (C) 600,000.00 0.000487 $292.20
041 Water rate (C) 600,000.00 0.000658 $394.80
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) 600,000.00 0.0005131 $307.90
091 GWRC Public Transport (C) 600,000.00 0.0003035 $182.10
101 GWRC Wellington Regional Economic Devleopment (U) 1.00 17.25 $17.30
111 Representation & Development (C) 600,000.00 0.000418 $250.80
121 Regulatory Services rate (C) 600,000.00 0.000557 $334.20
201 GWRC Te Kauru River Management (C) 600,000.00 0.0000544 $32.60
Total $4,189.10

History

Year Land Value Capital Value Annual Rates
2023/2024 $140,000 $540,000 $3,837.50
2022/2023 $140,000 $540,000 $3,577.60
2021/2022 $140,000 $540,000 $3,312.30
2020/2021 $90,000 $390,000 $3,166.10
2019/2020 $90,000 $390,000 $3,117.70
2018/2019 $90,000 $390,000 $2,986.80
2017/2018 $72,000 $72,000 $976.00
2016/2017 $72,000 $72,000 $922.20
2015/2016 $72,000 $72,000 $874.30
2014/2015 $72,000 $72,000 $864.70