Valuation No.

18030-35600

Location

29 Third Street, Masterton

Legal Description

LOT 3 D P 13999

Certificate of Title

537/216

Ward No.

2

Zone

9A

Use

91

Category

RD195

TORAS

111000

Property Area (hectares)

0.1037

Current Rating Valuation

As valued at 1 September 2023

Land Value

$275,000

Improvements Value

$375,000

Capital Value

$650,000

Nature of Improvements

New Rating Valuation

As valued at 1 September 2023

New Land Value

$275,000

New Improvements Value

$375,000

New Capital Value

$650,000

New Nature of Improvements

Rates Information

Current Rating Year

2024/2025

Current Year Rates Instalments

Instalment 1.

$1,138.50

Instalment 2.

$1,138.50

Instalment 3.

$1,138.50

Instalment 4.

$1,138.50

Current Year's Rates

$4,554.00

Previous Year's Rates

$4,169.70

Rates for Current Year 2024/2025

Type Description (Basis) Factor Rate Estimated Amt
001 Roading rate (L) 275,000.00 0.001273 $350.10
016 Civic Amenities rate (C) 650,000.00 0.000663 $431.00
026 Urban Wastewater rate (C) 650,000.00 0.000965 $627.30
031 Sundry Facilities rate (C) 650,000.00 0.000487 $316.60
041 Water rate (C) 650,000.00 0.000658 $427.70
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) 650,000.00 0.0005131 $333.50
091 GWRC Public Transport (C) 650,000.00 0.0003035 $197.30
101 GWRC Wellington Regional Economic Devleopment (U) 1.00 17.25 $17.30
111 Representation & Development (C) 650,000.00 0.000418 $271.70
121 Regulatory Services rate (C) 650,000.00 0.000557 $362.10
201 GWRC Te Kauru River Management (C) 650,000.00 0.0000544 $35.40
Total $4,554.00

History

Year Land Value Capital Value Annual Rates
2023/2024 $230,000 $580,000 $4,169.70
2022/2023 $230,000 $580,000 $3,884.70
2021/2022 $230,000 $580,000 $3,600.70
2020/2021 $148,000 $380,000 $3,211.90
2019/2020 $148,000 $380,000 $3,153.80
2018/2019 $148,000 $380,000 $3,024.30
2017/2018 $118,000 $280,000 $2,769.30
2016/2017 $118,000 $280,000 $2,715.90
2015/2016 $118,000 $280,000 $2,640.90
2014/2015 $118,000 $245,000 $2,365.00