Valuation No.

18030-50600

Location

3 Totara Street, Masterton

Legal Description

LOT 8 D P 27047

Certificate of Title

E4/519

Ward No.

2

Zone

9A

Use

91

Category

RD193

TORAS

111000

Property Area (hectares)

0.1194

Current Rating Valuation

As valued at 1 September 2023

Land Value

$335,000

Improvements Value

$235,000

Capital Value

$570,000

Nature of Improvements

New Rating Valuation

As valued at 1 September 2023

New Land Value

$335,000

New Improvements Value

$235,000

New Capital Value

$570,000

New Nature of Improvements

Rates Information

Current Rating Year

2024/2025

Current Year Rates Instalments

Instalment 1.

$1,065.20

Instalment 2.

$1,065.20

Instalment 3.

$1,065.20

Instalment 4.

$1,065.20

Current Year's Rates

$4,260.80

Previous Year's Rates

$3,942.10

Rates for Next Year 2025/2026

Type Description (Basis) Factor Rate Estimated Amt
001 Roading rate (L) 335,000.00 0.001536 $514.56
016 Civic Amenities rate (C) 570,000.00 0.000682 $388.74
026 Urban Wastewater rate (C) 570,000.00 0.000984 $560.88
031 Sundry Facilities rate (C) 570,000.00 0.000488 $278.16
041 Water rate (C) 570,000.00 0.000689 $392.73
046 Annual charge () 1.00 575.00 $575.00
056 Roading charge () 1.00 99.00 $99.00
061 Recycling Collection charge () 1.00 104.00 $104.00
066 Water Supply charge () 1.00 190.00 $190.00
070 Urban Wastewater charge () 1.00 277.00 $277.00
086 GWRC General (C) 570,000.00 0.0005127 $292.24
091 GWRC Public Transport (C) 570,000.00 0.0003181 $181.32
096 GWRC Stadium Purposes (C) 570,000.00 0.0000009 $0.51
101 GWRC Wellington Regional Economic Devleopment (U) 1.00 17.25 $17.25
111 Representation & Development (C) 570,000.00 0.000441 $251.37
121 Regulatory Services rate (C) 570,000.00 0.000634 $361.38
201 GWRC Te Kauru River Management (C) 570,000.00 0.0000717 $40.87
Total $4,525.01

History

Year Land Value Capital Value Annual Rates
2023/2024 $280,000 $520,000 $3,942.10
2022/2023 $280,000 $520,000 $3,673.40
2021/2022 $280,000 $520,000 $3,409.00
2020/2021 $180,000 $365,000 $3,182.70
2019/2020 $180,000 $365,000 $3,119.70
2018/2019 $180,000 $365,000 $2,993.40
2017/2018 $145,000 $265,000 $2,740.10
2016/2017 $145,000 $265,000 $2,687.90
2015/2016 $145,000 $265,000 $2,615.90
2014/2015 $145,000 $270,000 $2,554.80