Valuation No.

18030-48501

Location

5 Cooper Street, Masterton

Legal Description

LOT 1 DP 26428

Certificate of Title

5A/391

Ward No.

2

Zone

9A

Use

91

Category

RD197

TORAS

111000

Property Area (hectares)

0.0635

Current Rating Valuation

As valued at 1 September 2023

Land Value

$230,000

Improvements Value

$360,000

Capital Value

$590,000

Nature of Improvements

New Rating Valuation

As valued at 1 September 2023

New Land Value

$230,000

New Improvements Value

$360,000

New Capital Value

$590,000

New Nature of Improvements

Rates Information

Current Rating Year

2024/2025

Current Year Rates Instalments

Instalment 1.

$1,054.80

Instalment 2.

$1,054.80

Instalment 3.

$1,054.90

Instalment 4.

$1,054.80

Current Year's Rates

$4,219.30

Previous Year's Rates

$3,955.80

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) 590,000.00 0.000663 $391.20
026 Urban Wastewater rate (C) 590,000.00 0.000965 $569.40
031 Sundry Facilities rate (C) 590,000.00 0.000487 $287.30
041 Water rate (C) 590,000.00 0.000658 $388.20
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) 590,000.00 0.0005131 $302.70
091 GWRC Public Transport (C) 590,000.00 0.0003035 $179.10
101 GWRC Wellington Regional Economic Devleopment (U) 1.00 17.25 $17.30
111 Representation & Development (C) 590,000.00 0.000418 $246.60
121 Regulatory Services rate (C) 590,000.00 0.000557 $328.60
201 GWRC Te Kauru River Management (C) 590,000.00 0.0000544 $32.10
Total $4,219.30

History

Year Land Value Capital Value Annual Rates
2023/2024 $255,000 $530,000 $3,955.80
2022/2023 $255,000 $530,000 $3,686.00
2021/2022 $255,000 $530,000 $3,419.30
2020/2021 $165,000 $325,000 $2,926.50
2019/2020 $165,000 $325,000 $2,868.40
2018/2019 $165,000 $325,000 $2,751.40
2017/2018 $132,000 $235,000 $2,537.30
2016/2017 $132,000 $235,000 $2,491.40
2015/2016 $132,000 $235,000 $2,425.80
2014/2015 $132,000 $240,000 $2,371.50