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 Next Year 2025/2026

Type Description (Basis) Factor Rate Estimated Amt
001 Roading rate (L) 230,000.00 0.001536 $353.28
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 $3,785.16

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