Property

Cafe At The Factory Gnd Flr 21-23, Shacklewell Lane, London, E8 2DA

Contents

Valuation

Previous rateable value (19 June 2019 to 31 March 2023)

£14,500

This was the rateable value for the property. It is not what you would have paid in business rates or rent. Your local council uses the rateable value to calculate the business rates bill.

Estimate your business rates bill

Valuations for this property

Valuations Help with Valuations Effective date Help with Effective date Rateable value
CURRENT 1 April 2023 to present 1 April 2023 £13,750
PREVIOUS 13 October 2019 to 31 March 2023 19 June 2019 £14,500

Valuation details

Description Help with Description
Business unit and premises
Local council
Hackney
Local council reference Help with Local council reference
4079294
Rating list Help with Rating list
2017
Effective date Help with Effective date
19 June 2019
List alteration date Help with List alteration date
13 October 2019
Valuation scheme reference Help with Valuation scheme reference
361702
Base rate Help with Base rate
£235.00
Measurement method Help with Measurement method
Net internal area
Transitional relief certificate issued Help with Transitional relief certificate issued
No
Special category code Help with Special category code
408G

How the rateable value is calculated

The Valuation Office Agency (VOA) uses various methods to value properties. A ‘rental’ method is used most often.

The VOA gathers information about rents paid for properties. It analyses the information and works out a price per square metre. It may consider things like property age, construction and location. The price per square metre is applied to the floor area of the property.

More about how business properties are valued

Business unit floor areas
Description Area m²/unit £ per m²/unit Value Help with Value
Ground floor retail area 65 £223.25 £14,511
Total 65 £14,511
Valuation
Total value £14,511
Rateable value (rounded down) £14,500
Get help with this valuation

Help with previous valuation

You want to change something in this valuation

You can no longer tell the Valuation Office Agency (VOA) about changes to property details (by sending a Check case) for any valuations on the 2017 rating list.

You can tell the VOA you think the rateable value was too high by sending a Challenge case. You must have sent a Check case before 1 April 2023 and (any of these apply):

  • you send the Challenge case within 4 months of the Check case decision
  • you have waited more than 12 months and not received a Check case decision
  • the Challenge case is about a change in the local area (such as long-term roadworks), you send it within 16 months of sending the Check case and you have received our Check case decision

You can also tell the VOA you think the rateable value was too high if (any of these apply):

  • the VOA have altered this valuation in the last 6 months
  • a court decision affected this property’s rateable value

You need a business rates valuation account to tell the VOA yourself or appoint an agent to do it for you.

Sign in or register for an account

How to use a business rates valuation account

How the rateable value is calculated

The Valuation Office Agency (VOA) uses various methods to value properties. A ‘rental’ method is used most often.

The VOA gathers information about rents paid for properties. It analyses the information and works out a price per square metre. It may consider things like property age, construction and location. The price per square metre is applied to the floor area of the property.

More about how business properties are valued

The rateable value and your business rates bill

£14,500 is the rateable value for this property set by the Valuation Office Agency.

It is not what you pay in business rates or rent. Your local council uses the rateable value to calculate your business rates bill.

Business rates are used to partly fund local council services.

Estimate your business rates bill

You may also be entitled to business rates relief.

Business rates relief

Some properties are eligible for discounts from the local council on their business rates. You have to contact your local council to see if you’re eligible and apply.

More about business rates relief

Contact your local council

Compare properties

Compare your property with others like yours and see their:

  • rateable values
  • rateable value calculations
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Email address: ccaservice@voa.gov.uk