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

2025/2026

Current Year Rates Instalments

Instalment 1.

$1,109.00

Instalment 2.

$1,109.00

Instalment 3.

$1,109.00

Instalment 4.

$1,109.00

Current Year's Rates

$4,436.00

Previous Year's Rates

$4,219.30

Rates for Next Year 2026/2027

Type Description (Basis) Factor Rate Estimated Amt
001 Roading rate (L) 230,000.00 0.001462 $336.26
016 Civic Amenities rate (C) 590,000.00 0.000682 $402.38
026 Urban Wastewater rate (C) 590,000.00 0.000987 $582.33
031 Sundry Facilities rate (C) 590,000.00 0.000503 $296.77
041 Water rate (C) 590,000.00 0.000701 $413.59
046 Annual charge () 1.00 571.40 $571.40
056 Roading charge () 1.00 102.40 $102.40
061 Recycling Collection charge () 1.00 99.00 $99.00
066 Water Supply charge () 1.00 192.40 $192.40
070 Urban Wastewater charge () 1.00 277.20 $277.20
086 GWRC General (C) 590,000.00 0.0005127 $302.49
091 GWRC Public Transport (C) 590,000.00 0.0003181 $187.68
096 GWRC Stadium Purposes (C) 590,000.00 0.0000009 $0.53
101 GWRC Wellington Regional Economic Devleopment (U) 1.00 17.25 $17.25
111 Representation & Development (C) 590,000.00 0.000433 $255.47
121 Regulatory Services rate (C) 590,000.00 0.000604 $356.36
201 GWRC Te Kauru River Management (C) 590,000.00 0.0000717 $42.30
Total $4,435.82

History

Year Land Value Capital Value Annual Rates
2024/2025 $230,000 $590,000 $4,219.30
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