Valuation No.

1937025703

Location

256 Eighty Eight Valley Road, Wakefield

Legal Description

Lot 2 DP 537299 Pt Sec 31 & Pt Sec 2 Sec 31 Wai-iti Hills DIST Pt Sec 20 Pt Sec 8 Sec 20 & Pt Sec XX Waimea South DIST

Certificate of Title

1210605 893259 12C/415

Ward No.

2

Zone

1B

Use

22

Category

LI198B

TORAS

111000

Property Area (hectares)

28.9929

Current Rating Valuation

As valued at 1 September 2023

Land Value

$1,350,000

Improvements Value

$1,620,000

Capital Value

$2,970,000

Nature of Improvements

New Rating Valuation

As valued at 1 September 2023

New Land Value

$1,350,000

New Improvements Value

$1,620,000

New Capital Value

$2,970,000

New Nature of Improvements

Rates Information

Current Rating Year

2026/2027

Current Year Rates Instalments

Instalment 1.

$2,690.52

Instalment 2.

$2,690.52

Instalment 3.

$2,690.52

Instalment 4.

$2,690.51

Current Year's Rates

$10,762.07

Previous Year's Rates

$9,969.55

Rates for Current Year 2026/2027

Type Description (Basis) Factor Rate Estimated Amt
001 General Rate (C) 2,970,000.00 0.2218c/$CV $6,587.46
010 Uniform Annual General Charge (U) 1.00 $429.00/Pty $429.00
040 WaimeaComDam-Env&ComBen-Distri (U) 1.00 $76.69/Pty $76.69
051 88 Valley Water Service Charge (U) 1.00 $714.45/pty $714.45
068 88 ValleyWaterSupp-Variablechg (U) 3.00 $726.47/1m3/day $2,179.41
109 Shared Facilities Rate (U) 1.00 $74.92/Pty $74.92
120 Mapua Rehabilitation Rate (U) 1.00 $3.66/Pty $3.66
121 2025 Weather Event Recovery Rate (U) 1.00 $123.48/Pty $123.48
125 Museums Facilities Rate (U) 1.00 $74.34/Pty $74.34
126 District Facilities Rate (U) 1.00 $142.53/Pty $142.53
174 Regional River Works - Area Z (L) 1,350,000.00 0.0134c/$LV $180.90
182 Stormwater: General Drainage (C) 2,970,000.00 0.0059c/$CV $175.23
Total $10,762.07

Water

Account Location Meter ID Tariff Charged YTD Last Year
WR88V098 256 Eighty Eight Valley Road, Wakefield RESTRICTOR 50 $0.00 $0.00

History

Year Land Value Capital Value Annual Rates
2025/2026 $1,350,000 $2,970,000 $9,969.55
2024/2025 $1,350,000 $2,970,000 $0.00