Property Details
Valuation No.
18030-41600
Location
25 Second Street, Masterton
Legal Description
LOT 4 & PT LOT 3 D P 4113
Certificate of Title
407/270
Ward No.
2
Zone
9A
Use
91
Category
RD192
TORAS
111000
Property Area (hectares)
0.1482
Current Rating Valuation
As valued at 1 September 2023
Land Value
$360,000
Improvements Value
$360,000
Capital Value
$720,000
Nature of Improvements
New Rating Valuation
As valued at 1 September 2023
New Land Value
$360,000
New Improvements Value
$360,000
New Capital Value
$720,000
Rates Information
Current Rating Year
2025/2026
Current Year Rates Instalments
Instalment 1.
$1,312.90
Instalment 2.
$1,312.90
Instalment 3.
$1,312.90
Instalment 4.
$1,312.90
Current Year's Rates
$5,251.60
Previous Year's Rates
$4,985.30
Rates for Current Year 2025/2026
| Type | Description (Basis) | Factor | Rate | Estimated Amt | |
|---|---|---|---|---|---|
| 001 | Roading rate (L) | 360,000.00 | 0.001462 | $526.30 | |
| 016 | Civic Amenities rate (C) | 720,000.00 | 0.000682 | $491.00 | |
| 026 | Urban Wastewater rate (C) | 720,000.00 | 0.000987 | $710.60 | |
| 031 | Sundry Facilities rate (C) | 720,000.00 | 0.000503 | $362.20 | |
| 041 | Water rate (C) | 720,000.00 | 0.000701 | $504.70 | |
| 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) | 720,000.00 | 0.0005127 | $369.10 | |
| 091 | GWRC Public Transport (C) | 720,000.00 | 0.0003181 | $229.00 | |
| 096 | GWRC Stadium Purposes (C) | 720,000.00 | 0.0000009 | $0.70 | |
| 101 | GWRC Wellington Regional Economic Devleopment (U) | 1.00 | 17.25 | $17.30 | |
| 111 | Representation & Development (C) | 720,000.00 | 0.000433 | $311.80 | |
| 121 | Regulatory Services rate (C) | 720,000.00 | 0.000604 | $434.90 | |
| 201 | GWRC Te Kauru River Management (C) | 720,000.00 | 0.0000717 | $51.60 | |
| Total | $5,251.60 | ||||
History
| Year | Land Value | Capital Value | Annual Rates |
|---|---|---|---|
| 2024/2025 | $360,000 | $720,000 | $4,985.30 |
| 2023/2024 | $335,000 | $650,000 | $4,674.00 |
| 2022/2023 | $335,000 | $650,000 | $4,351.60 |
| 2021/2022 | $335,000 | $650,000 | $4,036.70 |
| 2020/2021 | $215,000 | $455,000 | $4,230.40 |
| 2019/2020 | $215,000 | $455,000 | $4,156.50 |
| 2018/2019 | $215,000 | $455,000 | $4,008.50 |
| 2017/2018 | $170,000 | $375,000 | $3,903.90 |
| 2016/2017 | $170,000 | $375,000 | $3,360.80 |
| 2015/2016 | $170,000 | $375,000 | $3,265.40 |