Valuation No.

18030-59500

Location

62 Titoki Street, Masterton

Legal Description

LOT 1 DP 74782

Certificate of Title

41B/938

Ward No.

2

Zone

9A

Use

91

Category

RD196

TORAS

111000

Property Area (hectares)

0.3527

Current Rating Valuation

As valued at 1 September 2023

Land Value

$540,000

Improvements Value

$270,000

Capital Value

$810,000

Nature of Improvements

New Rating Valuation

As valued at 1 September 2023

New Land Value

$540,000

New Improvements Value

$270,000

New Capital Value

$810,000

New Nature of Improvements

Rates Information

Current Rating Year

2024/2025

Current Year Rates Instalments

Instalment 1.

$1,555.00

Instalment 2.

$1,555.00

Instalment 3.

$1,555.00

Instalment 4.

$1,554.90

Current Year's Rates

$6,219.90

Previous Year's Rates

$5,834.80

Rates for Next Year 2025/2026

Type Description (Basis) Factor Rate Estimated Amt
001 Roading rate (L) 540,000.00 0.001536 $829.44
016 Civic Amenities rate (C) 810,000.00 0.000682 $552.42
026 Urban Wastewater rate (C) 810,000.00 0.000984 $797.04
031 Sundry Facilities rate (C) 810,000.00 0.000488 $395.28
041 Water rate (C) 810,000.00 0.000689 $558.09
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) 810,000.00 0.0005127 $415.29
091 GWRC Public Transport (C) 810,000.00 0.0003181 $257.66
096 GWRC Stadium Purposes (C) 810,000.00 0.0000009 $0.73
101 GWRC Wellington Regional Economic Devleopment (U) 1.00 17.25 $17.25
105 Warm Greater Wellington Rate (U) 3,931.47 0.15000 $589.72
111 Representation & Development (C) 810,000.00 0.000441 $357.21
121 Regulatory Services rate (C) 810,000.00 0.000634 $513.54
201 GWRC Te Kauru River Management (C) 810,000.00 0.0000717 $58.08
Total $6,586.74

History

Year Land Value Capital Value Annual Rates
2023/2024 $450,000 $730,000 $5,834.80
2022/2023 $450,000 $730,000 $5,469.30
2021/2022 $450,000 $730,000 $5,118.20
2020/2021 $300,000 $480,000 $4,645.60
2019/2020 $300,000 $480,000 $4,555.40
2018/2019 $300,000 $480,000 $3,810.70
2017/2018 $240,000 $440,000 $3,964.70
2016/2017 $240,000 $440,000 $3,874.10
2015/2016 $240,000 $440,000 $3,764.40
2014/2015 $240,000 $450,000 $3,694.30