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 Next Year 2025/2026

Type Description (Basis) Factor Rate Estimated Amt
001 Roading rate (L) 300,000.00 0.001462 $438.60
016 Civic Amenities rate (C) 700,000.00 0.000682 $477.40
026 Urban Wastewater rate (C) 700,000.00 0.000987 $690.90
031 Sundry Facilities rate (C) 700,000.00 0.000503 $352.10
041 Water rate (C) 700,000.00 0.000701 $490.70
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) 700,000.00 0.0005127 $358.89
091 GWRC Public Transport (C) 700,000.00 0.0003181 $222.67
096 GWRC Stadium Purposes (C) 700,000.00 0.0000009 $0.63
101 GWRC Wellington Regional Economic Devleopment (U) 1.00 17.25 $17.25
105 Warm Greater Wellington Rate (U) 5,010.53 0.15000 $751.58
111 Representation & Development (C) 700,000.00 0.000433 $303.10
121 Regulatory Services rate (C) 700,000.00 0.000604 $422.80
201 GWRC Te Kauru River Management (C) 700,000.00 0.0000717 $50.19
Total $5,819.21

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