Property

Techboard Limited, Rassau Industrial Estate, Rassau, Ebbw Vale, NP23 5SD

Contents

Valuation

Previous rateable value (1 April 2023 to 23 May 2023)

£465,000

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 Previous 25 March 2024 to 31 March 2026	Effective date 1 April 2023	Rateable value Not available
Valuations Previous 24 May 2023 to 24 March 2024	Effective date 1 April 2023	Rateable value £0
Valuations Previous 7 March 2023 to 23 May 2023	Effective date 1 April 2023	Rateable value £465,000
Valuations Previous 25 March 2024 to 31 March 2023	Effective date 1 February 2021	Rateable value Not available
Valuations Previous 24 May 2023 to 24 March 2024	Effective date 1 February 2021	Rateable value £0
Valuations Previous 1 April 2017 to 23 May 2023	Effective date 1 April 2017	Rateable value £322,500

Valuation details

• Description: Factory and premises
• Local council: Blaenau gwent
• Local council reference: 138070091439006409
• Rating list: 2023
• Effective date: 1 April 2023
• Valuation scheme reference: 636155
• Base rate: £23.50
• Measurement method: Gross internal area
• Transitional relief certificate issued: No
• Special category code: 096G

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 636155 which includes a price for floor areas and property features.

More about how business properties are valued

Factory floor areas

Description	Area m²/unit	£ per m²/unit	Value
Description Ground floor production area	Area m²/unit 11,755.9	£ per m²/unit £23.50	Value £276,264
Description Ground floor production area	Area m²/unit 38	£ per m²/unit £15.75	Value £599
Description First floor production area	Area m²/unit 62.3	£ per m²/unit £15.28	Value £952
Description Ground floor internal storage	Area m²/unit 72.5	£ per m²/unit £23.50	Value £1,704
Description Ground floor office	Area m²/unit 70	£ per m²/unit £28.20	Value £1,974
Description Ground floor office	Area m²/unit 38	£ per m²/unit £28.20	Value £1,072
Description First floor office	Area m²/unit 87.2	£ per m²/unit £28.20	Value £2,459
Description Ground floor plant room	Area m²/unit 25.2	£ per m²/unit £22.91	Value £577
Description Ground floor production area	Area m²/unit 112	£ per m²/unit £22.91	Value £2,566
Description Ground floor production area	Area m²/unit 31.3	£ per m²/unit £23.50	Value £736
Description Second floor production area	Area m²/unit 259.8	£ per m²/unit £9.17	Value £2,382
Description First floor production area	Area m²/unit 259.8	£ per m²/unit £14.89	Value £3,868
Description First floor plant room	Area m²/unit 92.7	£ per m²/unit £15.28	Value £1,416
Description Ground floor production area	Area m²/unit 219	£ per m²/unit £23.50	Value £5,147
Description Ground floor laboratory	Area m²/unit 31	£ per m²/unit £25.85	Value £801
Description Ground floor internal storage	Area m²/unit 70	£ per m²/unit £23.50	Value £1,645
Description Ground floor office	Area m²/unit 19	£ per m²/unit £28.20	Value £536
Description Ground floor staff toilets	Area m²/unit 10	£ per m²/unit £23.50	Value £235
Description Ground floor workshop	Area m²/unit 142.1	£ per m²/unit £23.50	Value £3,339
Description Ground floor office	Area m²/unit 34	£ per m²/unit £28.20	Value £959
Description Ground floor office	Area m²/unit 54.2	£ per m²/unit £28.20	Value £1,528
Description Ground floor office	Area m²/unit 305	£ per m²/unit £28.20	Value £8,601
Description Ground floor production area	Area m²/unit 62.3	£ per m²/unit £15.75	Value £981
Description Ground floor works office	Area m²/unit 187.2	£ per m²/unit £23.50	Value £4,399
Description Ground floor production area	Area m²/unit 60.2	£ per m²/unit £22.91	Value £1,379
Description Ground floor plant room	Area m²/unit 21	£ per m²/unit £17.63	Value £370
Description Ground floor production area	Area m²/unit 3,118	£ per m²/unit £23.50	Value £73,273
Description Ground floor portable building	Area m²/unit 30.2	£ per m²/unit £17.18	Value £519
Total	Area m²/unit 17,267.9	£ per m²/unit	Value £400,281

Additional details

Description	Area m²/unit	£ per m²/unit	Value
Description Hard surfaced, unfenced land	Area m²/unit 1040	£ per m²/unit £2.20	Value £2,288
Description Unsurfaced, unfenced land	Area m²/unit 2130.5	£ per m²/unit £1.18	Value £2,514
Total	Area m²/unit	£ per m²/unit	Value £4,802

Plant and machinery

Description	Value
Plant and machinery	£60,180
Total	£60,180

Valuation

Total value	£465,263
Rateable value (rounded down)	£465,000

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 2023 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 2026 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.

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 636155 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

£465,000 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