Statistics you can count on

Article Abstract:

The Valuation Office's Property Market Report for Autumn 1997 establishes the cost of residential development land, in the South East of England, as rising by between 35-50% over 12 months. Whilst in East Anglia and Northern England the demand for land is low. Data on the rental values of warehouses and factories shows that Outer London has the highest average value of around 60 pounds sterling per square metre whilst Northern England has an average value of around 30 pounds sterling per square metre. Investment in commercial property is showing higher returns than other investments.

United Kingdom, Reports

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The importance of being earliest

Article Abstract:

The 2000 rating revaluation will affect both landlords and tenants in the UK. Exact details of how the new system will operate will not be known until late 1999, but it is still important to plan ahead. It is important to try to get a rating assessment in the 1995 list if at all possible. Planning ahead could influence the building selected, the terms agreed and the schedule for serving notices. Occupiers may wish to consider whether it is worth reducing the rateable value of their building, while owners may wish to consider appealing against a rating assessment on a let building.

Laws, regulations and rules, Landlord and tenant, Landlord-tenant relations

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Valuation lessons from America

Article Abstract:

Research in the US concludes that it is essential to have a systematic approach to the valuation and appraisal of contaminated land. The state-level Superfund legislation is designed to encourage high clean-up standards. The American approach to the valuation and appraisal of contaminated real estate is analysed, together with its relevance to valuers in the UK.

Soil pollution

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