Valuation No.

18030-51000

Location

7 Totara Street, Masterton

Legal Description

LOT 10 DP 5135

Certificate of Title

282/243

Ward No.

2

Zone

9A

Use

91

Category

RD193

TORAS

111000

Property Area (hectares)

0.1563

Current Rating Valuation

As valued at 1 September 2023

Land Value

$410,000

Improvements Value

$320,000

Capital Value

$730,000

Nature of Improvements

New Rating Valuation

As valued at 1 September 2023

New Land Value

$410,000

New Improvements Value

$320,000

New Capital Value

$730,000

New Nature of Improvements

Rates Information

Current Rating Year

2025/2026

Current Year Rates Instalments

Instalment 1.

$1,343.20

Instalment 2.

$1,343.20

Instalment 3.

$1,343.30

Instalment 4.

$1,343.20

Current Year's Rates

$5,372.90

Previous Year's Rates

$5,095.10

Rates for Next Year 2026/2027

Type Description (Basis) Factor Rate Estimated Amt
001 Roading rate (L) 410,000.00 0.001462 $599.42
016 Civic Amenities rate (C) 730,000.00 0.000682 $497.86
026 Urban Wastewater rate (C) 730,000.00 0.000987 $720.51
031 Sundry Facilities rate (C) 730,000.00 0.000503 $367.19
041 Water rate (C) 730,000.00 0.000701 $511.73
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) 730,000.00 0.0005127 $374.27
091 GWRC Public Transport (C) 730,000.00 0.0003181 $232.21
096 GWRC Stadium Purposes (C) 730,000.00 0.0000009 $0.66
101 GWRC Wellington Regional Economic Devleopment (U) 1.00 17.25 $17.25
111 Representation & Development (C) 730,000.00 0.000433 $316.09
121 Regulatory Services rate (C) 730,000.00 0.000604 $440.92
201 GWRC Te Kauru River Management (C) 730,000.00 0.0000717 $52.34
Total $5,372.85

History

Year Land Value Capital Value Annual Rates
2024/2025 $410,000 $730,000 $5,095.10
2023/2024 $320,000 $670,000 $4,752.20
2022/2023 $320,000 $670,000 $4,424.20
2021/2022 $320,000 $670,000 $4,102.60
2020/2021 $205,000 $490,000 $3,944.40
2019/2020 $205,000 $490,000 $3,870.40
2018/2019 $205,000 $490,000 $3,714.40
2017/2018 $165,000 $450,000 $3,861.20
2016/2017 $165,000 $450,000 $3,773.40
2015/2016 $165,000 $285,000 $2,766.20