Valuation No.

18030-40300

Location

4 Third Street, Masterton

Legal Description

LOT 2 D P 20251

Certificate of Title

803/50

Ward No.

2

Zone

9A

Use

91

Category

RD191

TORAS

111000

Property Area (hectares)

0.1019

Current Rating Valuation

As valued at 1 September 2023

Land Value

$300,000

Improvements Value

$170,000

Capital Value

$470,000

Nature of Improvements

New Rating Valuation

As valued at 1 September 2023

New Land Value

$300,000

New Improvements Value

$170,000

New Capital Value

$470,000

New Nature of Improvements

Rates Information

Current Rating Year

2024/2025

Current Year Rates Instalments

Instalment 1.

$938.60

Instalment 2.

$938.60

Instalment 3.

$938.60

Instalment 4.

$938.60

Current Year's Rates

$3,754.40

Previous Year's Rates

$3,299.20

Rates for Next Year 2025/2026

Type Description (Basis) Factor Rate Estimated Amt
001 Roading rate (L) 300,000.00 0.001536 $460.80
016 Civic Amenities rate (C) 470,000.00 0.000682 $320.54
026 Urban Wastewater rate (C) 470,000.00 0.000984 $462.48
031 Sundry Facilities rate (C) 470,000.00 0.000488 $229.36
041 Water rate (C) 470,000.00 0.000689 $323.83
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) 470,000.00 0.0005127 $240.97
091 GWRC Public Transport (C) 470,000.00 0.0003181 $149.51
096 GWRC Stadium Purposes (C) 470,000.00 0.0000009 $0.42
101 GWRC Wellington Regional Economic Devleopment (U) 1.00 17.25 $17.25
111 Representation & Development (C) 470,000.00 0.000441 $207.27
121 Regulatory Services rate (C) 470,000.00 0.000634 $297.98
201 GWRC Te Kauru River Management (C) 470,000.00 0.0000717 $33.70
Total $3,989.11

History

Year Land Value Capital Value Annual Rates
2023/2024 $200,000 $415,000 $3,299.20
2022/2023 $200,000 $415,000 $3,077.90
2021/2022 $200,000 $415,000 $2,855.80
2020/2021 $129,000 $275,000 $2,575.60
2019/2020 $129,000 $275,000 $2,526.40
2018/2019 $129,000 $275,000 $2,421.90
2017/2018 $103,000 $190,000 $2,212.40
2016/2017 $103,000 $190,000 $2,176.70
2015/2016 $103,000 $190,000 $2,120.90
2014/2015 $103,000 $195,000 $2,074.70