Valuation No.

18030-51700A

Location

18 First Street, Masterton

Legal Description

FLAT 1 DP 50794 HAVING 1/5 INT IN 1434 SQ METRES BEING LOT 4 DP 35030

Certificate of Title

20D/643

Ward No.

2

Zone

9A

Use

92

Category

RD197

TORAS

001200

Property Area (hectares)

0.0000

Current Rating Valuation

As valued at 1 September 2023

Land Value

$230,000

Improvements Value

$220,000

Capital Value

$450,000

Nature of Improvements

New Rating Valuation

As valued at 1 September 2023

New Land Value

$230,000

New Improvements Value

$220,000

New Capital Value

$450,000

New Nature of Improvements

Rates Information

Current Rating Year

2024/2025

Current Year Rates Instalments

Instalment 1.

$893.20

Instalment 2.

$893.20

Instalment 3.

$893.30

Instalment 4.

$893.20

Current Year's Rates

$3,572.90

Previous Year's Rates

$3,209.30

Rates for Current Year 2024/2025

Type Description (Basis) Factor Rate Estimated Amt
001 Roading rate (L) 230,000.00 0.001273 $292.80
016 Civic Amenities rate (C) 450,000.00 0.000663 $298.40
026 Urban Wastewater rate (C) 450,000.00 0.000965 $434.30
031 Sundry Facilities rate (C) 450,000.00 0.000487 $219.20
041 Water rate (C) 450,000.00 0.000658 $296.10
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) 450,000.00 0.0005131 $230.90
091 GWRC Public Transport (C) 450,000.00 0.0003035 $136.60
101 GWRC Wellington Regional Economic Devleopment (U) 1.00 17.25 $17.30
111 Representation & Development (C) 450,000.00 0.000418 $188.10
121 Regulatory Services rate (C) 450,000.00 0.000557 $250.70
201 GWRC Te Kauru River Management (C) 450,000.00 0.0000544 $24.50
Total $3,572.90

History

Year Land Value Capital Value Annual Rates
2023/2024 $190,000 $400,000 $3,209.30
2022/2023 $190,000 $400,000 $2,994.60
2021/2022 $190,000 $400,000 $2,778.70
2020/2021 $124,000 $265,000 $2,509.30
2019/2020 $124,000 $265,000 $2,461.40
2018/2019 $124,000 $265,000 $2,359.40
2017/2018 $99,000 $205,000 $2,291.10
2016/2017 $99,000 $205,000 $2,252.90
2015/2016 $99,000 $205,000 $2,194.00
2014/2015 $99,000 $210,000 $2,142.10