Tribunals · London Borough of Camden · 2017 rating list

211 Camden High Street, NW1 7BT

Ground floor shop and premises Decided 10 June 2024 CHG100841900 Simon Tivey Rating

OutcomeAllowedThe tribunal reduced the rateable value.

Original RV£382,500£635/m²

Ratepayer sought£257,500

VO conceded first—

Tribunal decided£257,500£425/m²

Figures are as stated in the decision; a dash means the document does not state that figure.

What was argued and what the tribunal found

The appellant argued the valuation was unreasonable, citing an unusually large uplift (58%) compared to other similar properties in the area, and relying on the methodology from a previous Valuation Tribunal decision for the 2010 Rating List. The Valuation Officer contended the location was a prime tourist destination near the underground station supporting a higher valuation. The tribunal allowed the appeal, finding the previous tribunal's method of using 115-119 Camden High Street as a comparable with a 1.6 uplift factor, increased by 6% to account for 2010-2017 list movements, was appropriate in the absence of suitable rental and comparable evidence, resulting in a confirmed value of £257,500.

Summary generated from the decision text and checked against it. The appellant was URBN UK Ltd, represented.