Valuation No.

18030-51500B

Location

24B First Street, Masterton

Legal Description

PRINCIPAL UNIT B AUB1 UP 42653 HAVING 1/3 INT IN 721 SQ METRES BEING LOT 3 DP 40641

Certificate of Title

14A/300

Ward No.

2

Zone

9A

Use

92

Category

RF197

TORAS

001200

Property Area (hectares)

0.0000

Current Rating Valuation

As valued at 1 September 2023

Land Value

$175,000

Improvements Value

$215,000

Capital Value

$390,000

Nature of Improvements

New Rating Valuation

As valued at 1 September 2023

New Land Value

$175,000

New Improvements Value

$215,000

New Capital Value

$390,000

New Nature of Improvements

Rates Information

Current Rating Year

2024/2025

Current Year Rates Instalments

Instalment 1.

$806.40

Instalment 2.

$806.40

Instalment 3.

$806.40

Instalment 4.

$806.30

Current Year's Rates

$3,225.50

Previous Year's Rates

$2,869.40

Rates for Current Year 2024/2025

Type Description (Basis) Factor Rate Estimated Amt
001 Roading rate (L) 175,000.00 0.001273 $222.80
016 Civic Amenities rate (C) 390,000.00 0.000663 $258.60
026 Urban Wastewater rate (C) 390,000.00 0.000965 $376.40
031 Sundry Facilities rate (C) 390,000.00 0.000487 $189.90
041 Water rate (C) 390,000.00 0.000658 $256.60
046 Annual charge () 1.00 545.00 $545.00
056 Roading charge () 1.00 85.00 $85.00
061 Recycling Collection charge () 1.00 105.00 $105.00
066 Water Supply charge () 1.00 180.00 $180.00
070 Urban Wastewater charge () 1.00 269.00 $269.00
086 GWRC General (C) 390,000.00 0.0005131 $200.10
091 GWRC Public Transport (C) 390,000.00 0.0003035 $118.40
101 GWRC Wellington Regional Economic Devleopment (U) 1.00 17.25 $17.30
111 Representation & Development (C) 390,000.00 0.000418 $163.00
121 Regulatory Services rate (C) 390,000.00 0.000557 $217.20
201 GWRC Te Kauru River Management (C) 390,000.00 0.0000544 $21.20
Total $3,225.50

History

Year Land Value Capital Value Annual Rates
2023/2024 $146,000 $345,000 $2,869.40
2022/2023 $146,000 $345,000 $2,679.90
2021/2022 $146,000 $345,000 $2,486.30
2020/2021 $94,000 $215,000 $2,168.90
2019/2020 $94,000 $215,000 $2,129.10
2018/2019 $94,000 $215,000 $2,039.20
2017/2018 $75,000 $142,000 $1,872.20
2016/2017 $75,000 $142,000 $1,847.40
2015/2016 $75,000 $142,000 $1,801.90
2014/2015 $75,000 $145,000 $1,754.50