Property valuation

General revaluation 2014

Your property will be revalued in 2014 and you will receive your valuation notice in mid-November 2014.

We will use the capital value of your property, established by our team of valuers to help set the region’s rates for the year beginning 1 July 2015.

The new valuations will not necessarily affect your future rates and you will have the opportunity to make an objection to any value that we assess for your property, once we publish the revised roll.

In 2014 we are revaluing 525,000 properties including:

  • residential
  • commercial
  • industrial
  • lifestyle
  • rural and community use properties.

Our valuation team and Quotable Value Ltd (QV) will carry out the valuations.

Independent registered valuers will review value levels for specialist properties, such as commercial, industrial and rural properties. 

Due to the size of the revaluation, we have put in place clear processes  to ensure consistent and accurate values across the region.

To find out more about revaluations, read our Frequently Asked Questions database.


What do the values on the valuation notice mean?

Capital value is the probable price that would have been paid for your property at the date of valuation on 1 July 2014.

Land value is the value of your land as if it was vacant and the Value of Improvements is the capital value minus the land value. 

The value of improvements is not intended to represent cost or replacement value and should not be used for insurance purposes.

 


Key dates

The new valuation roll will have an effective date of valuation of 1 July 2014 and we will use the revised values for rating purposes from July 2015.  

Auckland valuations occur every three years. The last time we valued all Auckland properties was 2011. To view the property valuations from the 2011 general revaluation use our property information search.

We will undertake the fieldwork for this year’s revaluation between March and August 2014.

The new values must be approved by the Valuer-General, Neill Sullivan, before we send out notices in November 2014.


Incorrect information on your valuation notice

If you do have identified incorrect information on your 2014 valuation notice i.e. name and address information, please complete the Change of Name and Address form (PDF 569kb) and send to the address on the form.