Valuation No.

18030-45500

Location

23 First Street, Masterton

Legal Description

LOT 3 D P 3307

Certificate of Title

236/86

Ward No.

2

Zone

9A

Use

91

Category

RD192

TORAS

111000

Property Area (hectares)

0.1776

Current Rating Valuation

As valued at 1 September 2023

Land Value

$380,000

Improvements Value

$340,000

Capital Value

$720,000

Nature of Improvements

New Rating Valuation

As valued at 1 September 2023

New Land Value

$380,000

New Improvements Value

$340,000

New Capital Value

$720,000

New Nature of Improvements

Rates Information

Current Rating Year

2024/2025

Current Year Rates Instalments

Instalment 1.

$1,252.70

Instalment 2.

$1,252.70

Instalment 3.

$1,252.70

Instalment 4.

$1,252.60

Current Year's Rates

$5,010.70

Previous Year's Rates

$4,783.70

Rates for Current Year 2024/2025

Type Description (Basis) Factor Rate Estimated Amt
001 Roading rate (L) 380,000.00 0.001273 $483.70
016 Civic Amenities rate (C) 720,000.00 0.000663 $477.40
026 Urban Wastewater rate (C) 720,000.00 0.000965 $694.80
031 Sundry Facilities rate (C) 720,000.00 0.000487 $350.60
041 Water rate (C) 720,000.00 0.000658 $473.80
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) 720,000.00 0.0005131 $369.40
091 GWRC Public Transport (C) 720,000.00 0.0003035 $218.50
101 GWRC Wellington Regional Economic Devleopment (U) 1.00 17.25 $17.30
111 Representation & Development (C) 720,000.00 0.000418 $301.00
121 Regulatory Services rate (C) 720,000.00 0.000557 $401.00
201 GWRC Te Kauru River Management (C) 720,000.00 0.0000544 $39.20
Total $5,010.70

History

Year Land Value Capital Value Annual Rates
2023/2024 $410,000 $650,000 $4,783.70
2022/2023 $410,000 $650,000 $4,452.60
2021/2022 $410,000 $650,000 $4,134.30
2020/2021 $265,000 $435,000 $3,735.60
2019/2020 $265,000 $435,000 $3,653.70
2018/2019 $265,000 $435,000 $3,509.80
2017/2018 $210,000 $325,000 $3,230.10
2016/2017 $210,000 $325,000 $3,162.60
2015/2016 $210,000 $325,000 $3,077.50
2014/2015 $210,000 $330,000 $3,011.50