Valuation No.

18030-53000

Location

1 Fourth Street, Masterton

Legal Description

LOT 1 DP 26960

Certificate of Title

6D/678

Ward No.

2

Zone

9A

Use

91

Category

RD196

TORAS

111000

Property Area (hectares)

0.0787

Current Rating Valuation

As valued at 1 September 2023

Land Value

$240,000

Improvements Value

$210,000

Capital Value

$450,000

Nature of Improvements

New Rating Valuation

As valued at 1 September 2023

New Land Value

$240,000

New Improvements Value

$210,000

New Capital Value

$450,000

New Nature of Improvements

Rates Information

Current Rating Year

2024/2025

Current Year Rates Instalments

Instalment 1.

$896.40

Instalment 2.

$896.40

Instalment 3.

$896.40

Instalment 4.

$896.40

Current Year's Rates

$3,585.60

Previous Year's Rates

$3,223.90

Rates for Current Year 2024/2025

Type Description (Basis) Factor Rate Estimated Amt
001 Roading rate (L) 240,000.00 0.001273 $305.50
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 $3,585.60

History

Year Land Value Capital Value Annual Rates
2023/2024 $200,000 $400,000 $3,223.90
2022/2023 $200,000 $400,000 $3,008.10
2021/2022 $200,000 $400,000 $2,791.70
2020/2021 $129,000 $255,000 $2,460.70
2019/2020 $129,000 $255,000 $2,412.60
2018/2019 $129,000 $255,000 $2,312.80
2017/2018 $103,000 $175,000 $2,125.10
2016/2017 $103,000 $175,000 $2,092.20
2015/2016 $103,000 $175,000 $2,039.40
2014/2015 $103,000 $180,000 $1,997.90