Valuation No.

18030-47100

Location

14 Second Street, Masterton

Legal Description

LOT 2 DP 40390

Certificate of Title

12A/399

Ward No.

2

Zone

9A

Use

91

Category

RD198

TORAS

111000

Property Area (hectares)

0.1096

Current Rating Valuation

As valued at 1 September 2023

Land Value

$300,000

Improvements Value

$440,000

Capital Value

$740,000

Nature of Improvements

New Rating Valuation

As valued at 1 September 2023

New Land Value

$300,000

New Improvements Value

$440,000

New Capital Value

$740,000

New Nature of Improvements

Rates Information

Current Rating Year

2024/2025

Current Year Rates Instalments

Instalment 1.

$1,250.30

Instalment 2.

$1,250.30

Instalment 3.

$1,250.40

Instalment 4.

$1,250.30

Current Year's Rates

$5,001.30

Previous Year's Rates

$4,549.70

Rates for Current Year 2024/2025

Type Description (Basis) Factor Rate Estimated Amt
001 Roading rate (L) 300,000.00 0.001273 $381.90
016 Civic Amenities rate (C) 740,000.00 0.000663 $490.60
026 Urban Wastewater rate (C) 740,000.00 0.000965 $714.10
031 Sundry Facilities rate (C) 740,000.00 0.000487 $360.40
041 Water rate (C) 740,000.00 0.000658 $486.90
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) 740,000.00 0.0005131 $379.70
091 GWRC Public Transport (C) 740,000.00 0.0003035 $224.60
101 GWRC Wellington Regional Economic Devleopment (U) 1.00 17.25 $17.30
111 Representation & Development (C) 740,000.00 0.000418 $309.30
121 Regulatory Services rate (C) 740,000.00 0.000557 $412.20
201 GWRC Te Kauru River Management (C) 740,000.00 0.0000544 $40.30
Total $5,001.30

History

Year Land Value Capital Value Annual Rates
2023/2024 $250,000 $650,000 $4,549.70
2022/2023 $250,000 $650,000 $4,237.10
2021/2022 $250,000 $650,000 $3,926.20
2020/2021 $190,000 $460,000 $3,745.60
2019/2020 $190,000 $460,000 $3,675.90
2018/2019 $190,000 $460,000 $3,527.00
2017/2018 $150,000 $345,000 $3,217.10
2016/2017 $150,000 $345,000 $3,149.60
2015/2016 $150,000 $345,000 $3,060.70
2014/2015 $150,000 $350,000 $2,975.50