Valuation No.

18030-35500

Location

27A Third Street, Masterton

Legal Description

Lot 1 DP 403065

Certificate of Title

410591

Ward No.

2

Zone

9A

Use

92

Category

RH191

TORAS

111000

Property Area (hectares)

0.0505

Current Rating Valuation

As valued at 1 September 2023

Land Value

$200,000

Improvements Value

$280,000

Capital Value

$480,000

Nature of Improvements

New Rating Valuation

As valued at 1 September 2023

New Land Value

$200,000

New Improvements Value

$280,000

New Capital Value

$480,000

New Nature of Improvements

Rates Information

Current Rating Year

2025/2026

Current Year Rates Instalments

Instalment 1.

$1,276.20

Instalment 2.

$1,276.20

Instalment 3.

$1,276.30

Instalment 4.

$1,276.20

Current Year's Rates

$5,104.90

Previous Year's Rates

$4,857.00

Rates for Current Year 2025/2026

Type Description (Basis) Factor Rate Estimated Amt
001 Roading rate (L) 200,000.00 0.001462 $292.40
016 Civic Amenities rate (C) 480,000.00 0.000682 $327.40
026 Urban Wastewater rate (C) 480,000.00 0.000987 $473.80
031 Sundry Facilities rate (C) 480,000.00 0.000503 $241.40
041 Water rate (C) 480,000.00 0.000701 $336.50
046 Annual charge () 2.00 571.40 $1,142.80
056 Roading charge () 2.00 102.40 $204.80
061 Recycling Collection charge () 2.00 99.00 $198.00
066 Water Supply charge () 2.00 192.40 $384.80
070 Urban Wastewater charge () 2.00 277.20 $554.40
086 GWRC General (C) 480,000.00 0.0005127 $246.10
091 GWRC Public Transport (C) 480,000.00 0.0003181 $152.70
096 GWRC Stadium Purposes (C) 480,000.00 0.0000009 $0.40
101 GWRC Wellington Regional Economic Devleopment (U) 1.00 17.25 $17.30
111 Representation & Development (C) 480,000.00 0.000433 $207.80
121 Regulatory Services rate (C) 480,000.00 0.000604 $289.90
201 GWRC Te Kauru River Management (C) 480,000.00 0.0000717 $34.40
Total $5,104.90

History

Year Land Value Capital Value Annual Rates
2024/2025 $200,000 $480,000 $4,857.00
2023/2024 $165,000 $425,000 $4,208.20
2022/2023 $165,000 $425,000 $3,940.20
2021/2022 $165,000 $425,000 $3,657.60
2020/2021 $106,000 $225,000 $2,999.80
2019/2020 $106,000 $225,000 $2,945.30
2018/2019 $106,000 $225,000 $2,814.70
2017/2018 $85,000 $150,000 $2,807.70
2016/2017 $85,000 $150,000 $1,913.50
2015/2016 $85,000 $150,000 $1,866.20