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Valuation Office Agency. The Valuation Office Agency is a government body in England and Wales. It is an executive agency of His Majesty's Revenue and Customs . The agency values properties for the purpose of Council Tax and for non-domestic rates in England and Wales (in Scotland this function is performed by the Scottish Assessors ).
The UK House Price Index replaced this release in June 2016.[3] Historically, HM Land Registry also published a separate house price index calculated by Calnea Analytics. It used the HM Land Registry’s data, which consists of the transaction records of all residential property sales in England and Wales. It uses Repeat Sales Regression.
The value of the Welsh Crown Estate has risen from £49.2m in 2020 to £549.1m in 2021, and then to £603m in 2022. The revenue of the Welsh Crown Estate in 2021 was £8.7m. [44] Of the Crown Estate revenue; 75% goes to the UK Treasury whilst 25% is given to the monarch. [45]
The public estate in the United Kingdom is the collection of all government-owned real property assets in the United Kingdom. The Office for National Statistics estimated in 2008 that the public estate has a book value of £380 billion, which is about £6,000 for every UK resident. [2] Of this, approximately £240 billion is held by local ...
The Unique Property Reference Number ( UPRN) is a unique number (a geocode) for every addressable location—e.g., a building, a bus stop, a post box, a feature in the landscape, or a defibrillator—in Great Britain [1] and can be found in Ordnance Survey 's AddressBase databases. Over 42 million locations have UPRNs.
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Real estate appraisal, property valuation or land valuation is the process of developing an opinion of value for real property (usually market value).Real estate transactions often require appraisals because they occur infrequently and every property is unique (especially their condition, a key factor in valuation), unlike corporate stocks, which are traded daily and are identical (thus a ...
The National Address Gazetteer is a database designed to provide a definitive source of publicly owned spatial address data for Great Britain. [1] It is a culmination of Local Land and Property Gazetteers (collectively known as the National Land and Property Gazetteer (NLPG)) and other datasets: Address Layer 2 (AL2) and Royal Mail PAF data.
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