Valuation No.

18030-50001

Location

11A Te Ore Ore Road, Masterton

Legal Description

LOT 2 DP 44085

Certificate of Title

15B/1259

Ward No.

2

Zone

9A

Use

91

Category

RD192

TORAS

111000

Property Area (hectares)

0.1165

Current Rating Valuation

As valued at 1 September 2023

Land Value

$300,000

Improvements Value

$400,000

Capital Value

$700,000

Nature of Improvements

New Rating Valuation

As valued at 1 September 2023

New Land Value

$300,000

New Improvements Value

$400,000

New Capital Value

$700,000

New Nature of Improvements

Rates Information

Current Rating Year

2024/2025

Current Year Rates Instalments

Instalment 1.

$1,392.10

Instalment 2.

$1,392.00

Instalment 3.

$1,392.10

Instalment 4.

$1,392.00

Current Year's Rates

$5,568.20

Previous Year's Rates

$5,203.20

Rates for Current Year 2024/2025

Type Description (Basis) Factor Rate Estimated Amt
001 Roading rate (L) 300,000.00 0.001273 $381.90
016 Civic Amenities rate (C) 700,000.00 0.000663 $464.10
026 Urban Wastewater rate (C) 700,000.00 0.000965 $675.50
031 Sundry Facilities rate (C) 700,000.00 0.000487 $340.90
041 Water rate (C) 700,000.00 0.000658 $460.60
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) 700,000.00 0.0005131 $359.20
091 GWRC Public Transport (C) 700,000.00 0.0003035 $212.50
101 GWRC Wellington Regional Economic Devleopment (U) 1.00 17.25 $17.30
105 Warm Greater Wellington Rate (U) 5,010.53 0.15000 $751.60
111 Representation & Development (C) 700,000.00 0.000418 $292.60
121 Regulatory Services rate (C) 700,000.00 0.000557 $389.90
201 GWRC Te Kauru River Management (C) 700,000.00 0.0000544 $38.10
Total $5,568.20

History

Year Land Value Capital Value Annual Rates
2023/2024 $250,000 $630,000 $5,203.20
2022/2023 $250,000 $630,000 $4,897.30
2021/2022 $250,000 $630,000 $4,592.20
2020/2021 $160,000 $430,000 $4,271.70
2019/2020 $160,000 $430,000 $4,209.00
2018/2019 $160,000 $430,000 $4,067.50
2017/2018 $129,000 $320,000 $3,025.80
2016/2017 $129,000 $320,000 $2,964.30
2015/2016 $129,000 $320,000 $2,881.10
2014/2015 $129,000 $325,000 $2,799.50