Valuation No.

18030-54703

Location

3 Kauri Grove, Masterton

Legal Description

LOT 2 DP 87542-SUBJ TO & INT IN ROW INT IN EASTMENTS ON DP 88435

Certificate of Title

55A/472

Ward No.

2

Zone

9A

Use

91

Category

RD200

TORAS

111000

Property Area (hectares)

0.0883

Current Rating Valuation

As valued at 1 September 2023

Land Value

$370,000

Improvements Value

$370,000

Capital Value

$740,000

Nature of Improvements

New Rating Valuation

As valued at 1 September 2023

New Land Value

$370,000

New Improvements Value

$370,000

New Capital Value

$740,000

New Nature of Improvements

Rates Information

Current Rating Year

2024/2025

Current Year Rates Instalments

Instalment 1.

$1,272.60

Instalment 2.

$1,272.60

Instalment 3.

$1,272.60

Instalment 4.

$1,272.60

Current Year's Rates

$5,090.40

Previous Year's Rates

$4,737.50

Rates for Next Year 2025/2026

Type Description (Basis) Factor Rate Estimated Amt
001 Roading rate (L) 370,000.00 0.001536 $568.32
016 Civic Amenities rate (C) 740,000.00 0.000682 $504.68
026 Urban Wastewater rate (C) 740,000.00 0.000984 $728.16
031 Sundry Facilities rate (C) 740,000.00 0.000488 $361.12
041 Water rate (C) 740,000.00 0.000689 $509.86
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) 740,000.00 0.0005127 $379.40
091 GWRC Public Transport (C) 740,000.00 0.0003181 $235.39
096 GWRC Stadium Purposes (C) 740,000.00 0.0000009 $0.67
101 GWRC Wellington Regional Economic Devleopment (U) 1.00 17.25 $17.25
111 Representation & Development (C) 740,000.00 0.000441 $326.34
121 Regulatory Services rate (C) 740,000.00 0.000634 $469.16
201 GWRC Te Kauru River Management (C) 740,000.00 0.0000717 $53.06
Total $5,398.41

History

Year Land Value Capital Value Annual Rates
2023/2024 $310,000 $670,000 $4,737.50
2022/2023 $310,000 $670,000 $4,410.80
2021/2022 $310,000 $670,000 $4,089.60
2020/2021 $200,000 $510,000 $4,050.50
2019/2020 $200,000 $510,000 $3,976.30
2018/2019 $200,000 $510,000 $3,815.40
2017/2018 $160,000 $385,000 $3,471.50
2016/2017 $160,000 $385,000 $3,396.20
2015/2016 $160,000 $385,000 $3,298.90
2014/2015 $160,000 $395,000 $3,228.80