Valuation No.

18030-46700

Location

22 Second Street, Masterton

Legal Description

PART LOT 4 D P 11359

Certificate of Title

D1/1497

Ward No.

2

Zone

9A

Use

91

Category

RD191

TORAS

111000

Property Area (hectares)

0.1223

Current Rating Valuation

As valued at 1 September 2023

Land Value

$320,000

Improvements Value

$360,000

Capital Value

$680,000

Nature of Improvements

New Rating Valuation

As valued at 1 September 2023

New Land Value

$320,000

New Improvements Value

$360,000

New Capital Value

$680,000

New Nature of Improvements

Rates Information

Current Rating Year

2024/2025

Current Year Rates Instalments

Instalment 1.

$1,187.40

Instalment 2.

$1,187.40

Instalment 3.

$1,187.40

Instalment 4.

$1,187.40

Current Year's Rates

$4,749.60

Previous Year's Rates

$4,451.70

Rates for Next Year 2025/2026

Type Description (Basis) Factor Rate Estimated Amt
001 Roading rate (L) 320,000.00 0.001536 $491.52
016 Civic Amenities rate (C) 680,000.00 0.000682 $463.76
026 Urban Wastewater rate (C) 680,000.00 0.000984 $669.12
031 Sundry Facilities rate (C) 680,000.00 0.000488 $331.84
041 Water rate (C) 680,000.00 0.000689 $468.52
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) 680,000.00 0.0005127 $348.64
091 GWRC Public Transport (C) 680,000.00 0.0003181 $216.31
096 GWRC Stadium Purposes (C) 680,000.00 0.0000009 $0.61
101 GWRC Wellington Regional Economic Devleopment (U) 1.00 17.25 $17.25
111 Representation & Development (C) 680,000.00 0.000441 $299.88
121 Regulatory Services rate (C) 680,000.00 0.000634 $431.12
201 GWRC Te Kauru River Management (C) 680,000.00 0.0000717 $48.76
Total $5,032.32

History

Year Land Value Capital Value Annual Rates
2023/2024 $320,000 $610,000 $4,451.70
2022/2023 $320,000 $610,000 $4,145.30
2021/2022 $320,000 $610,000 $3,846.00
2020/2021 $205,000 $420,000 $3,542.80
2019/2020 $205,000 $420,000 $3,472.40
2018/2019 $205,000 $420,000 $3,332.70
2017/2018 $165,000 $330,000 $3,162.00
2016/2017 $165,000 $330,000 $3,096.40
2015/2016 $165,000 $330,000 $3,010.60
2014/2015 $165,000 $350,000 $3,010.00