Property Details
Valuation No.
18030-53200
Location
5 Fourth Street, Masterton
Legal Description
LOTS 2 4 DP 26960
Certificate of Title
D4/453
Ward No.
2
Zone
9A
Use
91
Category
RD196
TORAS
111000
Property Area (hectares)
0.2160
Current Rating Valuation
As valued at 1 September 2023
Land Value
$325,000
Improvements Value
$565,000
Capital Value
$890,000
Nature of Improvements
New Rating Valuation
As valued at 1 September 2023
New Land Value
$325,000
New Improvements Value
$565,000
New Capital Value
$890,000
Rates Information
Current Rating Year
2024/2025
Current Year Rates Instalments
Instalment 1.
$1,431.50
Instalment 2.
$1,431.50
Instalment 3.
$1,431.50
Instalment 4.
$1,431.40
Current Year's Rates
$5,725.90
Previous Year's Rates
$5,380.50
Rates for Next Year 2025/2026
| Type | Description (Basis) | Factor | Rate | Estimated Amt | |
|---|---|---|---|---|---|
| 001 | Roading rate (L) | 325,000.00 | 0.001536 | $499.20 | |
| 016 | Civic Amenities rate (C) | 890,000.00 | 0.000682 | $606.98 | |
| 026 | Urban Wastewater rate (C) | 890,000.00 | 0.000984 | $875.76 | |
| 031 | Sundry Facilities rate (C) | 890,000.00 | 0.000488 | $434.32 | |
| 041 | Water rate (C) | 890,000.00 | 0.000689 | $613.21 | |
| 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) | 890,000.00 | 0.0005127 | $456.30 | |
| 091 | GWRC Public Transport (C) | 890,000.00 | 0.0003181 | $283.11 | |
| 096 | GWRC Stadium Purposes (C) | 890,000.00 | 0.0000009 | $0.80 | |
| 101 | GWRC Wellington Regional Economic Devleopment (U) | 1.00 | 17.25 | $17.25 | |
| 111 | Representation & Development (C) | 890,000.00 | 0.000441 | $392.49 | |
| 121 | Regulatory Services rate (C) | 890,000.00 | 0.000634 | $564.26 | |
| 201 | GWRC Te Kauru River Management (C) | 890,000.00 | 0.0000717 | $63.81 | |
| Total | $6,052.50 | ||||
History
| Year | Land Value | Capital Value | Annual Rates |
|---|---|---|---|
| 2023/2024 | $270,000 | $810,000 | $5,380.50 |
| 2022/2023 | $270,000 | $810,000 | $5,007.20 |
| 2021/2022 | $270,000 | $810,000 | $4,636.50 |
| 2020/2021 | $175,000 | $660,000 | $4,866.80 |
| 2019/2020 | $175,000 | $660,000 | $4,789.20 |
| 2018/2019 | $175,000 | $660,000 | $4,593.50 |
| 2017/2018 | $141,000 | $510,000 | $4,158.90 |
| 2016/2017 | $141,000 | $510,000 | $4,061.30 |
| 2015/2016 | $141,000 | $510,000 | $3,937.90 |
| 2014/2015 | $141,000 | $520,000 | $3,824.30 |