Valuation No.

18030-45700

Location

27 First Street, Masterton

Legal Description

LOT 7 DP 5307

Certificate of Title

238/160

Ward No.

2

Zone

9A

Use

41

Category

CKS

TORAS

121000

Property Area (hectares)

0.0850

Current Rating Valuation

As valued at 1 September 2023

Land Value

$295,000

Improvements Value

$575,000

Capital Value

$870,000

Nature of Improvements

New Rating Valuation

As valued at 1 September 2023

New Land Value

$295,000

New Improvements Value

$575,000

New Capital Value

$870,000

New Nature of Improvements

Rates Information

Current Rating Year

2024/2025

Current Year Rates Instalments

Instalment 1.

$1,398.90

Instalment 2.

$1,398.90

Instalment 3.

$1,398.90

Instalment 4.

$1,398.80

Current Year's Rates

$5,595.50

Previous Year's Rates

$4,286.70

Rates for Current Year 2024/2025

Type Description (Basis) Factor Rate Estimated Amt
001 Roading rate (L) 295,000.00 0.001273 $375.50
016 Civic Amenities rate (C) 870,000.00 0.000663 $576.80
026 Urban Wastewater rate (C) 870,000.00 0.000965 $839.60
031 Sundry Facilities rate (C) 870,000.00 0.000487 $423.70
041 Water rate (C) 870,000.00 0.000658 $572.50
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) 870,000.00 0.0005131 $446.40
091 GWRC Public Transport (C) 870,000.00 0.0003035 $264.10
101 GWRC Wellington Regional Economic Devleopment (U) 1.00 17.25 $17.30
111 Representation & Development (C) 870,000.00 0.000418 $363.70
121 Regulatory Services rate (C) 870,000.00 0.000557 $484.60
201 GWRC Te Kauru River Management (C) 870,000.00 0.0000544 $47.30
Total $5,595.50

History

Year Land Value Capital Value Annual Rates
2023/2024 $310,000 $580,000 $4,286.70
2022/2023 $310,000 $580,000 $3,992.50
2021/2022 $310,000 $580,000 $3,704.80
2020/2021 $200,000 $480,000 $3,878.20
2019/2020 $200,000 $480,000 $3,805.70
2018/2019 $200,000 $480,000 $3,652.00
2017/2018 $160,000 $360,000 $3,325.80
2016/2017 $160,000 $360,000 $3,255.10
2015/2016 $160,000 $360,000 $3,163.00
2014/2015 $160,000 $290,000 $2,691.70