Valuation No.

18030-47900

Location

8 Opaki Road, Masterton

Legal Description

PT LOT 1 DP 19661

Certificate of Title

48A/59

Ward No.

2

Zone

9A

Use

91

Category

RD196

TORAS

111000

Property Area (hectares)

0.0780

Current Rating Valuation

As valued at 1 September 2023

Land Value

$275,000

Improvements Value

$265,000

Capital Value

$540,000

Nature of Improvements

New Rating Valuation

As valued at 1 September 2023

New Land Value

$275,000

New Improvements Value

$265,000

New Capital Value

$540,000

New Nature of Improvements

Rates Information

Current Rating Year

2024/2025

Current Year Rates Instalments

Instalment 1.

$1,011.40

Instalment 2.

$1,011.40

Instalment 3.

$1,011.50

Instalment 4.

$1,011.40

Current Year's Rates

$4,045.70

Previous Year's Rates

$3,668.70

Rates for Next Year 2025/2026

Type Description (Basis) Factor Rate Estimated Amt
001 Roading rate (L) 275,000.00 0.001536 $422.40
016 Civic Amenities rate (C) 540,000.00 0.000682 $368.28
026 Urban Wastewater rate (C) 540,000.00 0.000984 $531.36
031 Sundry Facilities rate (C) 540,000.00 0.000488 $263.52
041 Water rate (C) 540,000.00 0.000689 $372.06
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) 540,000.00 0.0005127 $276.86
091 GWRC Public Transport (C) 540,000.00 0.0003181 $171.77
096 GWRC Stadium Purposes (C) 540,000.00 0.0000009 $0.49
101 GWRC Wellington Regional Economic Devleopment (U) 1.00 17.25 $17.25
111 Representation & Development (C) 540,000.00 0.000441 $238.14
121 Regulatory Services rate (C) 540,000.00 0.000634 $342.36
201 GWRC Te Kauru River Management (C) 540,000.00 0.0000717 $38.72
Total $4,288.21

History

Year Land Value Capital Value Annual Rates
2023/2024 $230,000 $480,000 $3,668.70
2022/2023 $230,000 $480,000 $3,420.10
2021/2022 $230,000 $480,000 $3,172.90
2020/2021 $148,000 $335,000 $2,953.70
2019/2020 $148,000 $335,000 $2,897.90
2018/2019 $148,000 $335,000 $2,779.00
2017/2018 $118,000 $240,000 $2,536.20
2016/2017 $118,000 $240,000 $2,490.30
2015/2016 $118,000 $240,000 $2,423.80
2014/2015 $118,000 $230,000 $2,288.20