Valuation No.

18030-50700

Location

5A Totara Street, Masterton

Legal Description

LOTS 6 7 DP 27047

Certificate of Title

E2/113

Ward No.

2

Zone

9A

Use

91

Category

RD196

TORAS

111000

Property Area (hectares)

0.0986

Current Rating Valuation

As valued at 1 September 2023

Land Value

$300,000

Improvements Value

$260,000

Capital Value

$560,000

Nature of Improvements

New Rating Valuation

As valued at 1 September 2023

New Land Value

$300,000

New Improvements Value

$260,000

New Capital Value

$560,000

New Nature of Improvements

Rates Information

Current Rating Year

2024/2025

Current Year Rates Instalments

Instalment 1.

$1,042.50

Instalment 2.

$1,042.50

Instalment 3.

$1,042.50

Instalment 4.

$1,042.40

Current Year's Rates

$4,169.90

Previous Year's Rates

$3,848.30

Rates for Next Year 2025/2026

Type Description (Basis) Factor Rate Estimated Amt
001 Roading rate (L) 300,000.00 0.001536 $460.80
016 Civic Amenities rate (C) 560,000.00 0.000682 $381.92
026 Urban Wastewater rate (C) 560,000.00 0.000984 $551.04
031 Sundry Facilities rate (C) 560,000.00 0.000488 $273.28
041 Water rate (C) 560,000.00 0.000689 $385.84
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) 560,000.00 0.0005127 $287.11
091 GWRC Public Transport (C) 560,000.00 0.0003181 $178.14
096 GWRC Stadium Purposes (C) 560,000.00 0.0000009 $0.50
101 GWRC Wellington Regional Economic Devleopment (U) 1.00 17.25 $17.25
111 Representation & Development (C) 560,000.00 0.000441 $246.96
121 Regulatory Services rate (C) 560,000.00 0.000634 $355.04
201 GWRC Te Kauru River Management (C) 560,000.00 0.0000717 $40.15
Total $4,423.03

History

Year Land Value Capital Value Annual Rates
2023/2024 $250,000 $510,000 $3,848.30
2022/2023 $250,000 $510,000 $3,586.50
2021/2022 $250,000 $510,000 $3,327.30
2020/2021 $160,000 $335,000 $2,975.00
2019/2020 $160,000 $335,000 $2,917.10
2018/2019 $160,000 $335,000 $2,798.00
2017/2018 $129,000 $225,000 $2,472.70
2016/2017 $129,000 $225,000 $2,428.70
2015/2016 $129,000 $225,000 $2,365.40
2014/2015 $129,000 $230,000 $2,313.50