Valuation No.

18030-51700E

Location

18D First Street, Masterton

Legal Description

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

Certificate of Title

20D/647

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

$175,000

Improvements Value

$150,000

Capital Value

$325,000

Nature of Improvements

New Rating Valuation

As valued at 1 September 2023

New Land Value

$175,000

New Improvements Value

$150,000

New Capital Value

$325,000

New Nature of Improvements

Rates Information

Current Rating Year

2025/2026

Current Year Rates Instalments

Instalment 1.

$770.00

Instalment 2.

$770.00

Instalment 3.

$770.00

Instalment 4.

$770.00

Current Year's Rates

$3,080.00

Previous Year's Rates

$2,925.40

Rates for Current Year 2025/2026

Type Description (Basis) Factor Rate Estimated Amt
001 Roading rate (L) 175,000.00 0.001462 $255.90
016 Civic Amenities rate (C) 325,000.00 0.000682 $221.70
026 Urban Wastewater rate (C) 325,000.00 0.000987 $320.80
031 Sundry Facilities rate (C) 325,000.00 0.000503 $163.50
041 Water rate (C) 325,000.00 0.000701 $227.80
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) 325,000.00 0.0005127 $166.60
091 GWRC Public Transport (C) 325,000.00 0.0003181 $103.40
096 GWRC Stadium Purposes (C) 325,000.00 0.0000009 $0.30
101 GWRC Wellington Regional Economic Devleopment (U) 1.00 17.25 $17.30
111 Representation & Development (C) 325,000.00 0.000433 $140.70
121 Regulatory Services rate (C) 325,000.00 0.000604 $196.30
201 GWRC Te Kauru River Management (C) 325,000.00 0.0000717 $23.30
Total $3,080.00

History

Year Land Value Capital Value Annual Rates
2024/2025 $175,000 $325,000 $2,925.40
2023/2024 $146,000 $315,000 $2,719.20
2022/2023 $146,000 $315,000 $2,540.70
2021/2022 $146,000 $315,000 $2,357.90
2020/2021 $94,000 $185,000 $1,997.00
2019/2020 $94,000 $185,000 $1,958.40
2018/2019 $94,000 $185,000 $1,875.70
2017/2018 $75,000 $142,000 $1,872.20
2016/2017 $75,000 $142,000 $1,847.40
2015/2016 $75,000 $142,000 $1,801.90