Valuation No.

18030-51700B

Location

18A First Street, Masterton

Legal Description

FLAT 2 DP 50794 HAVING 1/5 INT IN 1434 SQ METRES BEING LOT 4 DP 35030

Certificate of Title

20D/644

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

$160,000

Improvements Value

$165,000

Capital Value

$325,000

Nature of Improvements

New Rating Valuation

As valued at 1 September 2023

New Land Value

$160,000

New Improvements Value

$165,000

New Capital Value

$325,000

New Nature of Improvements

Rates Information

Current Rating Year

2024/2025

Current Year Rates Instalments

Instalment 1.

$726.60

Instalment 2.

$726.60

Instalment 3.

$726.60

Instalment 4.

$726.50

Current Year's Rates

$2,906.30

Previous Year's Rates

$2,700.20

Rates for Next Year 2025/2026

Type Description (Basis) Factor Rate Estimated Amt
001 Roading rate (L) 160,000.00 0.001536 $245.76
016 Civic Amenities rate (C) 325,000.00 0.000682 $221.65
026 Urban Wastewater rate (C) 325,000.00 0.000984 $319.80
031 Sundry Facilities rate (C) 325,000.00 0.000488 $158.60
041 Water rate (C) 325,000.00 0.000689 $223.93
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) 325,000.00 0.0005127 $166.63
091 GWRC Public Transport (C) 325,000.00 0.0003181 $103.38
096 GWRC Stadium Purposes (C) 325,000.00 0.0000009 $0.29
101 GWRC Wellington Regional Economic Devleopment (U) 1.00 17.25 $17.25
111 Representation & Development (C) 325,000.00 0.000441 $143.33
121 Regulatory Services rate (C) 325,000.00 0.000634 $206.05
201 GWRC Te Kauru River Management (C) 325,000.00 0.0000717 $23.30
Total $3,074.97

History

Year Land Value Capital Value Annual Rates
2023/2024 $133,000 $315,000 $2,700.20
2022/2023 $133,000 $315,000 $2,523.20
2021/2022 $133,000 $315,000 $2,340.90
2020/2021 $86,000 $185,000 $1,982.80
2019/2020 $86,000 $185,000 $1,945.60
2018/2019 $86,000 $185,000 $1,863.00
2017/2018 $69,000 $142,000 $1,859.30
2016/2017 $69,000 $142,000 $1,834.80
2015/2016 $69,000 $142,000 $1,789.40
2014/2015 $69,000 $145,000 $1,740.70