Valuation No.

18030-50800

Location

5B Totara Street, Masterton

Legal Description

LOTS 2 3 DP 27047

Certificate of Title

E2/114

Ward No.

2

Zone

9A

Use

91

Category

RD197

TORAS

111000

Property Area (hectares)

0.0936

Current Rating Valuation

As valued at 1 September 2023

Land Value

$300,000

Improvements Value

$200,000

Capital Value

$500,000

Nature of Improvements

New Rating Valuation

As valued at 1 September 2023

New Land Value

$300,000

New Improvements Value

$200,000

New Capital Value

$500,000

New Nature of Improvements

Rates Information

Current Rating Year

2025/2026

Current Year Rates Instalments

Instalment 1.

$1,026.30

Instalment 2.

$1,026.30

Instalment 3.

$1,026.30

Instalment 4.

$1,026.30

Current Year's Rates

$4,105.20

Previous Year's Rates

$3,892.80

Rates for Next Year 2026/2027

Type Description (Basis) Factor Rate Estimated Amt
001 Roading rate (L) 300,000.00 0.001462 $438.60
016 Civic Amenities rate (C) 500,000.00 0.000682 $341.00
026 Urban Wastewater rate (C) 500,000.00 0.000987 $493.50
031 Sundry Facilities rate (C) 500,000.00 0.000503 $251.50
041 Water rate (C) 500,000.00 0.000701 $350.50
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) 500,000.00 0.0005127 $256.35
091 GWRC Public Transport (C) 500,000.00 0.0003181 $159.05
096 GWRC Stadium Purposes (C) 500,000.00 0.0000009 $0.45
101 GWRC Wellington Regional Economic Devleopment (U) 1.00 17.25 $17.25
111 Representation & Development (C) 500,000.00 0.000433 $216.50
121 Regulatory Services rate (C) 500,000.00 0.000604 $302.00
201 GWRC Te Kauru River Management (C) 500,000.00 0.0000717 $35.85
Total $4,104.95

History

Year Land Value Capital Value Annual Rates
2024/2025 $300,000 $500,000 $3,892.80
2023/2024 $250,000 $455,000 $3,572.70
2022/2023 $250,000 $455,000 $3,331.00
2021/2022 $250,000 $455,000 $3,092.10
2020/2021 $160,000 $315,000 $2,860.10
2019/2020 $160,000 $315,000 $2,803.50
2018/2019 $160,000 $315,000 $2,689.00
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