Guidance

Rating Cost Guide 2017: for valuations prepared on the contractor’s basis

The Rating Lists Cost Guide 2017 helps valuers to assess the estimated replacement cost (ERC) and adjusted replacement cost (ARC).

The 2017 guide provides levels of costs at the valuation date of 1 April 2015. You can request the guide from:

nvumailbox@voa.gsi.gov.uk

Valuation Office Agency
8th Floor
10 South Colonnade
Canary Wharf
E14 4PU

The Rating Lists Cost Guide 2017 has been prepared for the Valuation Office Agency (VOA) and Scottish Assessors Association (SAA) for valuations on the contractor’s basis. It isn’t intended for use for other purposes such as the preparation of asset or insurance valuations.

It’s intended to be used to assess the estimated replacement cost (ERC) of the property (hereditament) at stage 1 of the contractor’s basis of valuation. It also provides guidance for adjustments to be made at stage 2 to assess the adjusted replacement cost (ARC).

While every effort has been made to ensure the accuracy of the information given in the guide, the VOA and SAA don’t in any way accept liability for loss of any kind resulting from the use made by any person of such information.

Published 4 August 2017
Last updated 21 January 2020 + show all updates
  1. The office and email address have both been updated.

  2. First published.