Property

St Modwen Park, Sterte Avenue West, Poole, Dorset, BH15 2FU

Contents

Valuation

Previous rateable value (10 August 2023 to 25 September 2025)

£1,650,000

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 (opens in new tab)

Valuations for this property

Valuations	Effective date	Rateable value
Valuations Future from 1 April 2026	Effective date 1 April 2026	Rateable value £1,730,000
Valuations Current 26 September 2025 to present	Effective date 10 August 2023	Rateable value £1,620,000
Valuations Previous 10 August 2023 to 25 September 2025	Effective date 10 August 2023	Rateable value £1,650,000
Valuations Previous 4 July 2023 to 9 August 2023	Effective date 1 April 2023	Rateable value £905,000
Valuations Previous 25 September 2025 to 31 March 2023	Effective date 27 October 2022	Rateable value £790,000
Valuations Previous 3 July 2023 to 24 September 2025	Effective date 27 October 2022	Rateable value £855,000

Valuation details

• Description: Warehouse and premises
• Local council: Bcp council (poole)
• Local council reference: 1100038230800
• Rating list: 2023
• Effective date: 10 August 2023
• List alteration date: 10 August 2023
• Valuation scheme reference: 621356
• Base rate: £75.00
• Measurement method: Gross internal area
• Transitional relief certificate issued: Yes
• Special category code: 151S

How the rateable value is calculated

The Valuation Office Agency (VOA) uses a ‘rental’ method to value industrial properties like factories, warehouses and workshops.

The VOA gathers information about rents paid for industrial properties. It analyses the information and works out a price per square metre. To get the price per square metre of an individual property, the VOA considers things like property age, location, physical characteristics and features.

The price per square metre is multiplied by the property floor area to get the rateable value.

Plant and machinery, car parking and land that add to the rateable value are shown separately in the valuation.

This property is part of valuation scheme 621356 which includes a price for floor areas and property features.

More about how business properties are valued

Warehouse floor areas

Description	Area m²/unit	£ per m²/unit	Value
Description Ground floor reception / entrance	Area m²/unit 141.04	£ per m²/unit £92.26	Value £13,012
Description Ground floor warehouse	Area m²/unit 6,825.05	£ per m²/unit £74.96	Value £511,606
Description Ground floor warehouse	Area m²/unit 367.47	£ per m²/unit £65.96	Value £24,238
Description Ground floor warehouse	Area m²/unit 1,818.76	£ per m²/unit £65.96	Value £119,965
Description Ground floor kitchen	Area m²/unit 15.93	£ per m²/unit £92.26	Value £1,470
Description First floor office	Area m²/unit 2,253.84	£ per m²/unit £96.87	Value £218,329
Total	Area m²/unit 11,422.09	£ per m²/unit	Value £888,620

Additional details

Description	Area m²/unit	£ per m²/unit	Value
Description Hard surfaced, unfenced land	Area m²/unit 3081.09	£ per m²/unit £0.00	Value £0
Description Hard surfaced, unfenced land	Area m²/unit 40873.86	£ per m²/unit £18.75	Value £766,385
Total	Area m²/unit	£ per m²/unit	Value £766,385

Valuation

Total value	£1,655,005
Rateable value (rounded down)	£1,650,000

Help with previous valuation

You want to change something in this valuation

You can tell the Valuation Office Agency (VOA) that:

• your property details (such as floor area sizes and parking) need changing
• you think your rateable value is too high

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

How to use a business rates valuation account

How the rateable value is calculated

The Valuation Office Agency (VOA) uses a ‘rental’ method to value industrial properties like factories, warehouses and workshops.

The VOA gathers information about rents paid for industrial properties. It analyses the information and works out a price per square metre. To get the price per square metre of an individual property, the VOA considers things like property age, location, physical characteristics and features.

The price per square metre is multiplied by the property floor area to get the rateable value.

Plant and machinery, car parking and land that add to the rateable value are shown separately in the valuation.

This property is part of valuation scheme 621356 which includes a price for floor areas and property features.

More about how business properties are valued

The rateable value and your business rates bill

£1,650,000 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

Report a problem with this page.

If you are having trouble using this service, you can contact us for help.

Email address: ccaservice@voa.gov.uk