Valuation No.

18030-55300

Location

45 Titoki Street, Masterton

Legal Description

LOT 1 D P 17703 -PT SUBJ TO & INT IN R/W-

Certificate of Title

638/57

Ward No.

2

Zone

9A

Use

91

Category

RD195

TORAS

111000

Property Area (hectares)

0.3338

Current Rating Valuation

As valued at 1 September 2023

Land Value

$510,000

Improvements Value

$470,000

Capital Value

$980,000

Nature of Improvements

New Rating Valuation

As valued at 1 September 2023

New Land Value

$510,000

New Improvements Value

$470,000

New Capital Value

$980,000

New Nature of Improvements

Rates Information

Current Rating Year

2024/2025

Current Year Rates Instalments

Instalment 1.

$1,594.30

Instalment 2.

$1,594.20

Instalment 3.

$1,594.30

Instalment 4.

$1,594.20

Current Year's Rates

$6,377.00

Previous Year's Rates

$6,008.10

Rates for Next Year 2025/2026

Type Description (Basis) Factor Rate Estimated Amt
001 Roading rate (L) 510,000.00 0.001536 $783.36
016 Civic Amenities rate (C) 980,000.00 0.000682 $668.36
026 Urban Wastewater rate (C) 980,000.00 0.000984 $964.32
031 Sundry Facilities rate (C) 980,000.00 0.000488 $478.24
041 Water rate (C) 980,000.00 0.000689 $675.22
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) 980,000.00 0.0005127 $502.45
091 GWRC Public Transport (C) 980,000.00 0.0003181 $311.74
096 GWRC Stadium Purposes (C) 980,000.00 0.0000009 $0.88
101 GWRC Wellington Regional Economic Devleopment (U) 1.00 17.25 $17.25
111 Representation & Development (C) 980,000.00 0.000441 $432.18
121 Regulatory Services rate (C) 980,000.00 0.000634 $621.32
201 GWRC Te Kauru River Management (C) 980,000.00 0.0000717 $70.27
Total $6,770.58

History

Year Land Value Capital Value Annual Rates
2023/2024 $425,000 $890,000 $6,008.10
2022/2023 $425,000 $890,000 $5,587.60
2021/2022 $425,000 $890,000 $5,180.10
2020/2021 $275,000 $710,000 $5,331.60
2019/2020 $275,000 $710,000 $5,233.60
2018/2019 $275,000 $710,000 $5,024.50
2017/2018 $220,000 $550,000 $4,562.60
2016/2017 $220,000 $550,000 $4,452.70
2015/2016 $220,000 $550,000 $4,320.10
2014/2015 $220,000 $560,000 $4,211.00