Valuation No.

18030-39500

Location

18 Third Street, Masterton

Legal Description

LOT 5 D P 3491

Certificate of Title

284/114

Ward No.

2

Zone

9A

Use

91

Category

RD192

TORAS

111000

Property Area (hectares)

0.0809

Current Rating Valuation

As valued at 1 September 2023

Land Value

$260,000

Improvements Value

$320,000

Capital Value

$580,000

Nature of Improvements

New Rating Valuation

As valued at 1 September 2023

New Land Value

$260,000

New Improvements Value

$320,000

New Capital Value

$580,000

New Nature of Improvements

Rates Information

Current Rating Year

2025/2026

Current Year Rates Instalments

Instalment 1.

$1,107.90

Instalment 2.

$1,107.90

Instalment 3.

$1,107.90

Instalment 4.

$1,107.90

Current Year's Rates

$4,431.60

Previous Year's Rates

$4,963.40

Rates for Current Year 2025/2026

Type Description (Basis) Factor Rate Estimated Amt
001 Roading rate (L) 260,000.00 0.001462 $380.10
016 Civic Amenities rate (C) 580,000.00 0.000682 $395.60
026 Urban Wastewater rate (C) 580,000.00 0.000987 $572.50
031 Sundry Facilities rate (C) 580,000.00 0.000503 $291.70
041 Water rate (C) 580,000.00 0.000701 $406.60
046 Annual charge () 1.00 571.40 $571.40
056 Roading charge () 1.00 102.40 $102.40
061 Recycling Collection charge () 1.00 99.00 $99.00
066 Water Supply charge () 1.00 192.40 $192.40
070 Urban Wastewater charge () 1.00 277.20 $277.20
086 GWRC General (C) 580,000.00 0.0005127 $297.40
091 GWRC Public Transport (C) 580,000.00 0.0003181 $184.50
096 GWRC Stadium Purposes (C) 580,000.00 0.0000009 $0.50
101 GWRC Wellington Regional Economic Devleopment (U) 1.00 17.25 $17.30
111 Representation & Development (C) 580,000.00 0.000433 $251.10
121 Regulatory Services rate (C) 580,000.00 0.000604 $350.30
201 GWRC Te Kauru River Management (C) 580,000.00 0.0000717 $41.60
Total $4,431.60

History

Year Land Value Capital Value Annual Rates
2024/2025 $260,000 $580,000 $4,963.40
2023/2024 $200,000 $520,000 $4,579.20
2022/2023 $200,000 $520,000 $4,319.50
2021/2022 $200,000 $520,000 $4,057.00
2020/2021 $129,000 $370,000 $3,872.90
2019/2020 $129,000 $370,000 $3,818.50
2018/2019 $129,000 $370,000 $3,691.80
2017/2018 $103,000 $270,000 $2,678.50
2016/2017 $103,000 $270,000 $2,627.90
2015/2016 $103,000 $270,000 $2,555.30