Valuation No.

18030-48200

Location

3 Te Ore Ore Road, Masterton

Legal Description

PT LOT 5 DP 5135

Certificate of Title

48A/60

Ward No.

2

Zone

9A

Use

91

Category

RD192

TORAS

111000

Property Area (hectares)

0.2120

Current Rating Valuation

As valued at 1 September 2023

Land Value

$385,000

Improvements Value

$285,000

Capital Value

$670,000

Nature of Improvements

New Rating Valuation

As valued at 1 September 2023

New Land Value

$385,000

New Improvements Value

$285,000

New Capital Value

$670,000

New Nature of Improvements

Rates Information

Current Rating Year

2024/2025

Current Year Rates Instalments

Instalment 1.

$1,196.60

Instalment 2.

$1,196.60

Instalment 3.

$1,196.60

Instalment 4.

$1,196.60

Current Year's Rates

$4,786.40

Previous Year's Rates

$4,401.60

Rates for Current Year 2024/2025

Type Description (Basis) Factor Rate Estimated Amt
001 Roading rate (L) 385,000.00 0.001273 $490.10
016 Civic Amenities rate (C) 670,000.00 0.000663 $444.20
026 Urban Wastewater rate (C) 670,000.00 0.000965 $646.60
031 Sundry Facilities rate (C) 670,000.00 0.000487 $326.30
041 Water rate (C) 670,000.00 0.000658 $440.90
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) 670,000.00 0.0005131 $343.80
091 GWRC Public Transport (C) 670,000.00 0.0003035 $203.40
101 GWRC Wellington Regional Economic Devleopment (U) 1.00 17.25 $17.30
111 Representation & Development (C) 670,000.00 0.000418 $280.10
121 Regulatory Services rate (C) 670,000.00 0.000557 $373.20
201 GWRC Te Kauru River Management (C) 670,000.00 0.0000544 $36.50
Total $4,786.40

History

Year Land Value Capital Value Annual Rates
2023/2024 $320,000 $600,000 $4,401.60
2022/2023 $320,000 $600,000 $4,098.80
2021/2022 $320,000 $600,000 $3,803.20
2020/2021 $205,000 $465,000 $3,801.00
2019/2020 $205,000 $465,000 $3,728.30
2018/2019 $205,000 $465,000 $3,578.10
2017/2018 $165,000 $350,000 $3,278.60
2016/2017 $165,000 $350,000 $3,209.40
2015/2016 $165,000 $350,000 $3,119.30
2014/2015 $165,000 $355,000 $3,035.60