Valuation No.

18030-47200A

Location

8A Second Street, Masterton

Legal Description

FLAT 1 DP 70170 HAVING 1/2 SH IN 970 SQ M BEING LOT 1 DP 68026

Certificate of Title

37B/578

Ward No.

2

Zone

9A

Use

91

Category

RD199

TORAS

001200

Property Area (hectares)

0.0000

Current Rating Valuation

As valued at 1 September 2023

Land Value

$230,000

Improvements Value

$320,000

Capital Value

$550,000

Nature of Improvements

New Rating Valuation

As valued at 1 September 2023

New Land Value

$230,000

New Improvements Value

$320,000

New Capital Value

$550,000

New Nature of Improvements

Rates Information

Current Rating Year

2024/2025

Current Year Rates Instalments

Instalment 1.

$1,008.70

Instalment 2.

$1,008.70

Instalment 3.

$1,008.70

Instalment 4.

$1,008.60

Current Year's Rates

$4,034.70

Previous Year's Rates

$3,660.20

Rates for Current Year 2024/2025

Type Description (Basis) Factor Rate Estimated Amt
001 Roading rate (L) 230,000.00 0.001273 $292.80
016 Civic Amenities rate (C) 550,000.00 0.000663 $364.70
026 Urban Wastewater rate (C) 550,000.00 0.000965 $530.80
031 Sundry Facilities rate (C) 550,000.00 0.000487 $267.90
041 Water rate (C) 550,000.00 0.000658 $361.90
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) 550,000.00 0.0005131 $282.20
091 GWRC Public Transport (C) 550,000.00 0.0003035 $166.90
101 GWRC Wellington Regional Economic Devleopment (U) 1.00 17.25 $17.30
111 Representation & Development (C) 550,000.00 0.000418 $229.90
121 Regulatory Services rate (C) 550,000.00 0.000557 $306.40
201 GWRC Te Kauru River Management (C) 550,000.00 0.0000544 $29.90
Total $4,034.70

History

Year Land Value Capital Value Annual Rates
2023/2024 $190,000 $490,000 $3,660.20
2022/2023 $190,000 $490,000 $3,412.70
2021/2022 $190,000 $490,000 $3,163.60
2020/2021 $124,000 $345,000 $2,968.60
2019/2020 $124,000 $345,000 $2,916.40
2018/2019 $124,000 $345,000 $2,795.60
2017/2018 $99,000 $250,000 $2,553.60
2016/2017 $99,000 $250,000 $2,507.00
2015/2016 $99,000 $250,000 $2,438.40
2014/2015 $99,000 $235,000 $2,270.00