Valuation No.
0581185600
Location
218 Somerville Road, Te Kuiti
Legal Description
LOT 1 DPS 71192
Certificate of Title
SA57A/981
Ward No.
2
Zone
1A
Use
22
Category
LI193B
TORAS
111000
Property Area (hectares)
2.7990
Current Rating Valuation
Land Value
$570,000
Improvements Value
$370,000
Capital Value
$940,000
Nature of Improvements
Rates Information
Current Rating Year
2025/2026
Current Year Rates Instalments
Instalment 1.
$1,200.65
Instalment 2.
$1,200.65
Instalment 3.
$1,200.70
Instalment 4.
$1,200.65
Current Year's Rates
$4,802.65
Previous Year's Rates
$3,729.70
Rates for Current Year 2025/2026
| Type | Description (Basis) | Factor | Rate | Estimated Amt | |
|---|---|---|---|---|---|
| 003 | General Rate (C) | 940,000.00 | 0.22791 | $2,142.35 | |
| 012 | Solid Waste Rate (U) | 2.00 | 330.00 | $660.00 | |
| 021 | Uniform Annual General Charge (U) | 2.00 | 250.00 | $500.00 | |
| 038 | Stormwater Rural (U) | 2.00 | 22.00 | $44.00 | |
| 072 | Solid Waste Collection Waitomo (U) | 2.00 | 76.00 | $152.00 | |
| 084 | Trade Waste Contribution TK (U) | 1.00 | 42.00 | $42.00 | |
| 089 | District Roading Rate - General (C) | 940,000.00 | 0.12546 | $1,179.30 | |
| 119 | District Wide Benefit Water (U) | 1.00 | 40.00 | $40.00 | |
| 120 | District Wide Benefit Wastewater (U) | 1.00 | 43.00 | $43.00 | |
| Total | $4,802.65 | ||||
History
| Year | Land Value | Capital Value | Annual Rates |
|---|---|---|---|
| 2024/2025 | $465,000 | $770,000 | $3,729.70 |
| 2023/2024 | $465,000 | $770,000 | $3,483.45 |
| 2022/2023 | $465,000 | $770,000 | $3,336.20 |
| 2021/2022 | $260,000 | $530,000 | $2,982.05 |
| 2020/2021 | $260,000 | $530,000 | $3,001.35 |
| 2019/2020 | $260,000 | $530,000 | $2,929.90 |
| 2018/2019 | $185,000 | $420,000 | $2,746.00 |
| 2017/2018 | $185,000 | $420,000 | $2,711.20 |
| 2016/2017 | $185,000 | $420,000 | $2,686.60 |
| 2015/2016 | $185,000 | $420,000 | $2,645.25 |