Valuation No.

18030-51601

Location

20 First Street, Masterton

Legal Description

LOT 1 DP 40641 SUBJ TO R/W

Certificate of Title

12B/443

Ward No.

2

Zone

9A

Use

91

Category

RD197

TORAS

111000

Property Area (hectares)

0.0400

Current Rating Valuation

As valued at 1 September 2023

Land Value

$220,000

Improvements Value

$230,000

Capital Value

$450,000

Nature of Improvements

New Rating Valuation

As valued at 1 September 2023

New Land Value

$220,000

New Improvements Value

$230,000

New Capital Value

$450,000

New Nature of Improvements

Rates Information

Current Rating Year

2024/2025

Current Year Rates Instalments

Instalment 1.

$890.10

Instalment 2.

$890.00

Instalment 3.

$890.10

Instalment 4.

$890.00

Current Year's Rates

$3,560.20

Previous Year's Rates

$3,238.50

Rates for Next Year 2025/2026

Type Description (Basis) Factor Rate Estimated Amt
001 Roading rate (L) 220,000.00 0.001536 $337.92
016 Civic Amenities rate (C) 450,000.00 0.000682 $306.90
026 Urban Wastewater rate (C) 450,000.00 0.000984 $442.80
031 Sundry Facilities rate (C) 450,000.00 0.000488 $219.60
041 Water rate (C) 450,000.00 0.000689 $310.05
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) 450,000.00 0.0005127 $230.72
091 GWRC Public Transport (C) 450,000.00 0.0003181 $143.15
096 GWRC Stadium Purposes (C) 450,000.00 0.0000009 $0.41
101 GWRC Wellington Regional Economic Devleopment (U) 1.00 17.25 $17.25
111 Representation & Development (C) 450,000.00 0.000441 $198.45
121 Regulatory Services rate (C) 450,000.00 0.000634 $285.30
201 GWRC Te Kauru River Management (C) 450,000.00 0.0000717 $32.27
Total $3,769.80

History

Year Land Value Capital Value Annual Rates
2023/2024 $210,000 $400,000 $3,238.50
2022/2023 $210,000 $400,000 $3,021.60
2021/2022 $210,000 $400,000 $2,804.70
2020/2021 $136,000 $310,000 $2,789.00
2019/2020 $136,000 $310,000 $2,736.50
2018/2019 $136,000 $310,000 $2,623.60
2017/2018 $109,000 $220,000 $2,400.00
2016/2017 $109,000 $220,000 $2,358.50
2015/2016 $109,000 $220,000 $2,296.30
2014/2015 $109,000 $225,000 $2,241.90