Valuation No.

18030-51300

Location

34 First Street, Masterton

Legal Description

LOT 2 DP 90075

Certificate of Title

57C/558

Ward No.

2

Zone

9A

Use

91

Category

RD200

TORAS

111000

Property Area (hectares)

0.0436

Current Rating Valuation

As valued at 1 September 2023

Land Value

$230,000

Improvements Value

$310,000

Capital Value

$540,000

Nature of Improvements

New Rating Valuation

As valued at 1 September 2023

New Land Value

$230,000

New Improvements Value

$310,000

New Capital Value

$540,000

New Nature of Improvements

Rates Information

Current Rating Year

2025/2026

Current Year Rates Instalments

Instalment 1.

$1,048.80

Instalment 2.

$1,048.80

Instalment 3.

$1,048.90

Instalment 4.

$1,048.80

Current Year's Rates

$4,195.30

Previous Year's Rates

$3,988.40

Rates for Next Year 2026/2027

Type Description (Basis) Factor Rate Estimated Amt
001 Roading rate (L) 230,000.00 0.001462 $336.26
016 Civic Amenities rate (C) 540,000.00 0.000682 $368.28
026 Urban Wastewater rate (C) 540,000.00 0.000987 $532.98
031 Sundry Facilities rate (C) 540,000.00 0.000503 $271.62
041 Water rate (C) 540,000.00 0.000701 $378.54
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) 540,000.00 0.0005127 $276.86
091 GWRC Public Transport (C) 540,000.00 0.0003181 $171.77
096 GWRC Stadium Purposes (C) 540,000.00 0.0000009 $0.49
101 GWRC Wellington Regional Economic Devleopment (U) 1.00 17.25 $17.25
111 Representation & Development (C) 540,000.00 0.000433 $233.82
121 Regulatory Services rate (C) 540,000.00 0.000604 $326.16
201 GWRC Te Kauru River Management (C) 540,000.00 0.0000717 $38.72
Total $4,195.15

History

Year Land Value Capital Value Annual Rates
2024/2025 $230,000 $540,000 $3,988.40
2023/2024 $250,000 $495,000 $3,773.20
2022/2023 $250,000 $495,000 $3,517.00
2021/2022 $250,000 $495,000 $3,263.10
2020/2021 $160,000 $350,000 $3,061.20
2019/2020 $160,000 $350,000 $3,002.40
2018/2019 $160,000 $350,000 $2,880.00
2017/2018 $128,000 $255,000 $2,645.10
2016/2017 $128,000 $255,000 $2,595.90
2015/2016 $128,000 $255,000 $2,526.20