Tribunals · City of London Corporation · 2017 rating list

11th Flr 2, London Wall Place, EC2Y 5AU

Office and premises Decided 29 May 2025 CHG100520963 CBRE - Tim Johnson

OutcomeAllowed in partThe tribunal reduced the rateable value, but by less than the ratepayer sought.
Original RV—£575/m²
Ratepayer sought—
VO conceded first—
Tribunal decided£610,000£550/m²

Figures are as stated in the decision; a dash means the document does not state that figure. This decision covers 9 properties; the figures shown are for the first listed.

What was argued and what the tribunal found

Multiple appellants challenged the Valuation Officer's base rate assessment of £575 per m², with most seeking £515 per m². The parties reached an agreement during the hearing on a revised base rate of £550 per m² with additions of 1% and 2% for the 15th and 16th floors respectively for view. The tribunal ratified this agreed rate as it appeared reasonable based on the evidence and submissions considered.

Summary generated from the decision text and checked against it. The appellant was KETE KOKOLADZE & OTHERS, represented.

Grounds argued

  • Comparable assessments (tone) · decisive
Cases cited
Lotus and Delta v Culverwell
Hearing
15 May 2025

Similar decisions

All decisions in City of London Corporation · Offices nationally

Is your own rateable value in line?

A free check compares a property with the assessments around it and says plainly whether there is anything worth pursuing.

Check a property

The tribunal’s decision in full

Download the PDF · Find it on valuationtribunal.gov.uk

Decision © Crown copyright, published by the Valuation Tribunal Service under the Open Government Licence v3.0 and reproduced unaltered. This site does not index the names of private individuals that appear in decisions. Information, not advice.