Property Details
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
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 Next Year 2025/2026
| Type | Description (Basis) | Factor | Rate | Estimated Amt | |
|---|---|---|---|---|---|
| 001 | Roading rate (L) | 295,000.00 | 0.001536 | $453.12 | |
| 016 | Civic Amenities rate (C) | 870,000.00 | 0.000682 | $593.34 | |
| 026 | Urban Wastewater rate (C) | 870,000.00 | 0.000984 | $856.08 | |
| 031 | Sundry Facilities rate (C) | 870,000.00 | 0.000488 | $424.56 | |
| 041 | Water rate (C) | 870,000.00 | 0.000689 | $599.43 | |
| 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) | 870,000.00 | 0.0005127 | $446.05 | |
| 091 | GWRC Public Transport (C) | 870,000.00 | 0.0003181 | $276.75 | |
| 096 | GWRC Stadium Purposes (C) | 870,000.00 | 0.0000009 | $0.78 | |
| 101 | GWRC Wellington Regional Economic Devleopment (U) | 1.00 | 17.25 | $17.25 | |
| 111 | Representation & Development (C) | 870,000.00 | 0.000441 | $383.67 | |
| 121 | Regulatory Services rate (C) | 870,000.00 | 0.000634 | $551.58 | |
| 201 | GWRC Te Kauru River Management (C) | 870,000.00 | 0.0000717 | $62.38 | |
| Total | $5,909.99 | ||||
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 |