Summary valuation for Unit N/2/3, Nortex Mill, Chorley Old Road, Bolton, BL1 3AG
Parts of the property
|Floor||Description||Area m²/unit||Price per m²/unit||Value|
|Total||Sub total area per m² 150.6||Property parts sub total rateable value £1,905|
|Rateable value (rounded down)||£1,900|
The rateable value is not the amount you will pay. It is used to calculate your rates bill.
How the valuation was calculated
The Valuation Office Agency (VOA) puts similar properties into a group called a valuation scheme and:
- applies a range of values per m² (or unit) to the valuation scheme
- applies a base rate to individual properties in the scheme
The base rate for this property is £32.50 per m²/unit .
The VOA measured this property using a method called gross internal area (GIA).
GIA measures the whole enclosed area of a building within the external walls.
If necessary, the VOA then make adjustments to the rate given to each of the property’s different parts.
The rateable value of this property is the sum of all the rates given to its different parts, rounded down to £1,900.
If you’re the owner or occupier, you can register or sign in and claim this property to:
- view the detailed valuation
- confirm your property details or tell us that something is incorrect (check)
- tell us that you disagree with the valuation (challenge)
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