Rating Manual section 4: valuation methods

Part 3: practice note 1 - 1990L revaluation - the contractor's basis - site values (as a percentage of building costs)

The Valuation Office Agency's (VOA) technical manual for the rating of business (non-domestic) property.

  Inner London Outer London Midlands Central S Eastern Liverpool Western Elsewhere
Crown          
MOD Establishments except airfield landing areas 30 10% 7.5% 5% 2.5%
           
hospital & Prisons 30% 20% 15% 7.5% 5%
health Centres 30% 20% 15% 12.5% 10%
Ambulance Stations          
TA etc          
Education          
LA Schools Urban 30% 25% 17½% 15% 10%
Rural   15% 12½% 7½% 5%
           
Public and Independent Schools Urban 30% 25% 17.5% 15% 10%
Edge of City/Town     7.5% 5% 5%
           
Private Hospitals          
Urban 35% 30% 22.5% 20% 15%
Edge of Urban   20% 17.5% 12.5% 10%

Note

In the case of Educational hereditaments the percentages indicated reflect the value of a served site including normal site works.