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

2025/2026

Current Year Rates Instalments

Instalment 1.

$940.60

Instalment 2.

$940.60

Instalment 3.

$940.60

Instalment 4.

$940.50

Current Year's Rates

$3,762.30

Previous Year's Rates

$3,572.90

Rates for Current Year 2025/2026

Type Description (Basis) Factor Rate Estimated Amt
001 Roading rate (L) 230,000.00 0.001462 $336.30
016 Civic Amenities rate (C) 450,000.00 0.000682 $306.90
026 Urban Wastewater rate (C) 450,000.00 0.000987 $444.20
031 Sundry Facilities rate (C) 450,000.00 0.000503 $226.40
041 Water rate (C) 450,000.00 0.000701 $315.50
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) 450,000.00 0.0005127 $230.70
091 GWRC Public Transport (C) 450,000.00 0.0003181 $143.20
096 GWRC Stadium Purposes (C) 450,000.00 0.0000009 $0.40
101 GWRC Wellington Regional Economic Devleopment (U) 1.00 17.25 $17.30
111 Representation & Development (C) 450,000.00 0.000433 $194.90
121 Regulatory Services rate (C) 450,000.00 0.000604 $271.80
201 GWRC Te Kauru River Management (C) 450,000.00 0.0000717 $32.30
Total $3,762.30

History

Year Land Value Capital Value Annual Rates
2024/2025 $230,000 $450,000 $3,572.90
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