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 Next Year 2025/2026

Type Description (Basis) Factor Rate Estimated Amt
001 Roading rate (L) 275,000.00 0.001536 $422.40
016 Civic Amenities rate (C) 650,000.00 0.000682 $443.30
026 Urban Wastewater rate (C) 650,000.00 0.000984 $639.60
031 Sundry Facilities rate (C) 650,000.00 0.000488 $317.20
041 Water rate (C) 650,000.00 0.000689 $447.85
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) 650,000.00 0.0005127 $333.26
091 GWRC Public Transport (C) 650,000.00 0.0003181 $206.77
096 GWRC Stadium Purposes (C) 650,000.00 0.0000009 $0.59
101 GWRC Wellington Regional Economic Devleopment (U) 1.00 17.25 $17.25
111 Representation & Development (C) 650,000.00 0.000441 $286.65
121 Regulatory Services rate (C) 650,000.00 0.000634 $412.10
201 GWRC Te Kauru River Management (C) 650,000.00 0.0000717 $46.61
Total $4,818.56

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