Valuation No.

18030-46500

Location

26 Second Street, Masterton

Legal Description

PT LOT 5 DP 11359

Certificate of Title

770/39

Ward No.

2

Zone

9A

Use

91

Category

RD195

TORAS

111000

Property Area (hectares)

0.0856

Current Rating Valuation

As valued at 1 September 2023

Land Value

$270,000

Improvements Value

$270,000

Capital Value

$540,000

Nature of Improvements

New Rating Valuation

As valued at 1 September 2023

New Land Value

$270,000

New Improvements Value

$270,000

New Capital Value

$540,000

New Nature of Improvements

Rates Information

Current Rating Year

2025/2026

Current Year Rates Instalments

Instalment 1.

$1,063.40

Instalment 2.

$1,063.40

Instalment 3.

$1,063.50

Instalment 4.

$1,063.40

Current Year's Rates

$4,253.70

Previous Year's Rates

$4,039.30

Rates for Current Year 2025/2026

Type Description (Basis) Factor Rate Estimated Amt
001 Roading rate (L) 270,000.00 0.001462 $394.70
016 Civic Amenities rate (C) 540,000.00 0.000682 $368.30
026 Urban Wastewater rate (C) 540,000.00 0.000987 $533.00
031 Sundry Facilities rate (C) 540,000.00 0.000503 $271.60
041 Water rate (C) 540,000.00 0.000701 $378.50
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) 540,000.00 0.0005127 $276.90
091 GWRC Public Transport (C) 540,000.00 0.0003181 $171.80
096 GWRC Stadium Purposes (C) 540,000.00 0.0000009 $0.50
101 GWRC Wellington Regional Economic Devleopment (U) 1.00 17.25 $17.30
111 Representation & Development (C) 540,000.00 0.000433 $233.80
121 Regulatory Services rate (C) 540,000.00 0.000604 $326.20
201 GWRC Te Kauru River Management (C) 540,000.00 0.0000717 $38.70
Total $4,253.70

History

Year Land Value Capital Value Annual Rates
2024/2025 $270,000 $540,000 $4,039.30
2023/2024 $270,000 $485,000 $3,752.20
2022/2023 $270,000 $485,000 $3,497.30
2021/2022 $270,000 $485,000 $3,246.30
2020/2021 $175,000 $340,000 $3,030.50
2019/2020 $175,000 $340,000 $2,969.50
2018/2019 $175,000 $340,000 $2,849.00
2017/2018 $141,000 $245,000 $2,615.00
2016/2017 $141,000 $245,000 $2,566.90
2015/2016 $141,000 $245,000 $2,683.60