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

2024/2025

Current Year Rates Instalments

Instalment 1.

$1,273.80

Instalment 2.

$1,273.80

Instalment 3.

$1,273.80

Instalment 4.

$1,273.70

Current Year's Rates

$5,095.10

Previous Year's Rates

$4,752.20

Rates for Next Year 2025/2026

Type Description (Basis) Factor Rate Estimated Amt
001 Roading rate (L) 410,000.00 0.001536 $629.76
016 Civic Amenities rate (C) 730,000.00 0.000682 $497.86
026 Urban Wastewater rate (C) 730,000.00 0.000984 $718.32
031 Sundry Facilities rate (C) 730,000.00 0.000488 $356.24
041 Water rate (C) 730,000.00 0.000689 $502.97
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) 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 0.000441 $321.93
121 Regulatory Services rate (C) 730,000.00 0.000634 $462.82
201 GWRC Te Kauru River Management (C) 730,000.00 0.0000717 $52.34
Total $5,411.63

History

Year Land Value Capital Value Annual Rates
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
2014/2015 $165,000 $290,000 $2,703.20