Valuation No.

18030-53100

Location

3 Fourth Street, Masterton

Legal Description

LOT 3 DP 26960

Certificate of Title

6D/679

Ward No.

2

Zone

9A

Use

91

Category

RD196

TORAS

111000

Property Area (hectares)

0.0731

Current Rating Valuation

As valued at 1 September 2023

Land Value

$230,000

Improvements Value

$290,000

Capital Value

$520,000

Nature of Improvements

New Rating Valuation

As valued at 1 September 2023

New Land Value

$230,000

New Improvements Value

$290,000

New Capital Value

$520,000

New Nature of Improvements

Rates Information

Current Rating Year

2025/2026

Current Year Rates Instalments

Instalment 1.

$1,024.80

Instalment 2.

$1,024.70

Instalment 3.

$1,024.80

Instalment 4.

$1,024.70

Current Year's Rates

$4,099.00

Previous Year's Rates

$3,896.00

Rates for Next Year 2026/2027

Type Description (Basis) Factor Rate Estimated Amt
001 Roading rate (L) 230,000.00 0.001462 $336.26
016 Civic Amenities rate (C) 520,000.00 0.000682 $354.64
026 Urban Wastewater rate (C) 520,000.00 0.000987 $513.24
031 Sundry Facilities rate (C) 520,000.00 0.000503 $261.56
041 Water rate (C) 520,000.00 0.000701 $364.52
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) 520,000.00 0.0005127 $266.60
091 GWRC Public Transport (C) 520,000.00 0.0003181 $165.41
096 GWRC Stadium Purposes (C) 520,000.00 0.0000009 $0.47
101 GWRC Wellington Regional Economic Devleopment (U) 1.00 17.25 $17.25
111 Representation & Development (C) 520,000.00 0.000433 $225.16
121 Regulatory Services rate (C) 520,000.00 0.000604 $314.08
201 GWRC Te Kauru River Management (C) 520,000.00 0.0000717 $37.28
Total $4,098.88

History

Year Land Value Capital Value Annual Rates
2024/2025 $230,000 $520,000 $3,896.00
2023/2024 $190,000 $460,000 $3,510.00
2022/2023 $190,000 $460,000 $3,273.40
2021/2022 $190,000 $460,000 $3,035.40
2020/2021 $124,000 $320,000 $2,825.00
2019/2020 $124,000 $320,000 $2,774.20
2018/2019 $124,000 $320,000 $2,659.10
2017/2018 $99,000 $230,000 $2,436.80
2016/2017 $99,000 $230,000 $2,394.00
2015/2016 $99,000 $230,000 $2,329.90