Property Details
Valuation No.
18030-49300
Location
4 First Street, Masterton
Legal Description
LOT 2 DP 20307
Certificate of Title
79196
Ward No.
2
Zone
8A
Use
81
Category
CRSA
TORAS
121000
Property Area (hectares)
0.0557
Current Rating Valuation
As valued at 1 September 2023
Land Value
$275,000
Improvements Value
$715,000
Capital Value
$990,000
Nature of Improvements
New Rating Valuation
As valued at 1 September 2023
New Land Value
$275,000
New Improvements Value
$715,000
New Capital Value
$990,000
Rates Information
Current Rating Year
2024/2025
Current Year Rates Instalments
Instalment 1.
$2,932.30
Instalment 2.
$2,932.30
Instalment 3.
$2,932.30
Instalment 4.
$2,932.30
Current Year's Rates
$11,729.20
Previous Year's Rates
$11,948.10
Rates for Next Year 2025/2026
| Type | Description (Basis) | Factor | Rate | Estimated Amt | |
|---|---|---|---|---|---|
| 002 | Roading rate (L) | 275,000.00 | 0.002924 | $804.10 | |
| 017 | Civic Amenities rate (C) | 990,000.00 | 0.001364 | $1,350.36 | |
| 027 | Urban Wastewater rate (C) | 990,000.00 | 0.001974 | $1,954.26 | |
| 032 | Sundry Facilities rate (C) | 990,000.00 | 0.001006 | $995.94 | |
| 042 | Water rate (C) | 990,000.00 | 0.001402 | $1,387.98 | |
| 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) | 990,000.00 | 0.0005127 | $507.57 | |
| 092 | GWRC Public Transport (C) | 990,000.00 | 0.0006362 | $629.84 | |
| 097 | GWRC Stadium Purposes (C) | 990,000.00 | 0.0000009 | $0.89 | |
| 102 | GWRC Wellington Regional Economic Development (C) | 990,000.00 | 0.0000699 | $69.20 | |
| 112 | Representation & Development (C) | 990,000.00 | 0.000866 | $857.34 | |
| 122 | Regulatory Services rate (C) | 990,000.00 | 0.001208 | $1,195.92 | |
| 201 | GWRC Te Kauru River Management (C) | 990,000.00 | 0.0000717 | $70.98 | |
| Total | $12,309.19 | ||||
History
| Year | Land Value | Capital Value | Annual Rates |
|---|---|---|---|
| 2023/2024 | $230,000 | $990,000 | $11,948.10 |
| 2022/2023 | $230,000 | $990,000 | $11,134.20 |
| 2021/2022 | $230,000 | $990,000 | $10,330.50 |
| 2020/2021 | $170,000 | $170,000 | $1,669.80 |
| 2019/2020 | $170,000 | $170,000 | $1,610.70 |
| 2018/2019 | $170,000 | $170,000 | $1,914.60 |
| 2017/2018 | $133,000 | $175,000 | $2,189.90 |
| 2016/2017 | $133,000 | $175,000 | $2,155.10 |
| 2015/2016 | $133,000 | $175,000 | $2,102.00 |
| 2014/2015 | $133,000 | $190,000 | $2,118.00 |