Property Details
Valuation No.
18030-49000
Location
10 First Street, Masterton
Legal Description
PART LOT 3 BLK A D P 379
Certificate of Title
456/131
Ward No.
2
Zone
8A
Use
81
Category
CRSB
TORAS
121000
Property Area (hectares)
0.0858
Current Rating Valuation
As valued at 1 September 2023
Land Value
$360,000
Improvements Value
$180,000
Capital Value
$540,000
Nature of Improvements
New Rating Valuation
As valued at 1 September 2023
New Land Value
$360,000
New Improvements Value
$180,000
New Capital Value
$540,000
Rates Information
Current Rating Year
2024/2025
Current Year Rates Instalments
Instalment 1.
$2,002.20
Instalment 2.
$2,002.20
Instalment 3.
$2,002.20
Instalment 4.
$2,002.20
Current Year's Rates
$8,008.80
Previous Year's Rates
$7,855.10
Rates for Next Year 2025/2026
| Type | Description (Basis) | Factor | Rate | Estimated Amt | |
|---|---|---|---|---|---|
| 002 | Roading rate (L) | 360,000.00 | 0.002924 | $1,052.64 | |
| 017 | Civic Amenities rate (C) | 540,000.00 | 0.001364 | $736.56 | |
| 027 | Urban Wastewater rate (C) | 540,000.00 | 0.001974 | $1,065.96 | |
| 032 | Sundry Facilities rate (C) | 540,000.00 | 0.001006 | $543.24 | |
| 042 | Water rate (C) | 540,000.00 | 0.001402 | $757.08 | |
| 047 | Annual charge () | 2.00 | 571.40 | $1,142.80 | |
| 057 | Roading charge () | 2.00 | 102.40 | $204.80 | |
| 062 | Recycling Collection charge () | 2.00 | 99.00 | $198.00 | |
| 067 | Water Supply charge () | 2.00 | 192.40 | $384.80 | |
| 071 | Urban Wastewater charge () | 2.00 | 277.20 | $554.40 | |
| 087 | GWRC General (C) | 540,000.00 | 0.0005127 | $276.86 | |
| 092 | GWRC Public Transport (C) | 540,000.00 | 0.0006362 | $343.55 | |
| 097 | GWRC Stadium Purposes (C) | 540,000.00 | 0.0000009 | $0.49 | |
| 102 | GWRC Wellington Regional Economic Development (C) | 540,000.00 | 0.0000699 | $37.75 | |
| 112 | Representation & Development (C) | 540,000.00 | 0.000866 | $467.64 | |
| 122 | Regulatory Services rate (C) | 540,000.00 | 0.001208 | $652.32 | |
| 201 | GWRC Te Kauru River Management (C) | 540,000.00 | 0.0000717 | $38.72 | |
| Total | $8,457.60 | ||||
History
| Year | Land Value | Capital Value | Annual Rates |
|---|---|---|---|
| 2023/2024 | $300,000 | $540,000 | $7,855.10 |
| 2022/2023 | $300,000 | $540,000 | $7,328.00 |
| 2021/2022 | $300,000 | $540,000 | $6,820.30 |
| 2020/2021 | $220,000 | $440,000 | $7,180.80 |
| 2019/2020 | $220,000 | $440,000 | $7,012.80 |
| 2018/2019 | $220,000 | $440,000 | $6,733.70 |
| 2017/2018 | $170,000 | $400,000 | $6,960.00 |
| 2016/2017 | $170,000 | $400,000 | $5,919.80 |
| 2015/2016 | $170,000 | $400,000 | $5,747.90 |
| 2014/2015 | $170,000 | $410,000 | $5,653.00 |