Rates and Valuation
Changes to the Rateable Value
The Valuation Office maintain the rating list and may alter the value if they believe that the circumstances of the property have changed. The ratepayer (and certain others who have an interest in the property) can also appeal against the value shown in the list if they believe it is wrong.
The effect of successful appeals against values shown in the rating list will normally be backdated to the beginning of the financial year in which they are made, although there are exceptions to this.