Tribunals · City of London Corporation · 2017 rating list

Commonwealth Bank Of Australia, Commonwealth Bank Of Australia, EC4M 7AW

Offices and premises Decided 20 July 2026 CHG101079278 Montagu Evans - Chris Morrow

OutcomeDismissedThe appeal failed and the rateable value was left unchanged.

Original RV£2,230,000£550/m²

Ratepayer sought—

VO conceded first—

Tribunal decided£2,230,000£550/m²

Figures are as stated in the decision; a dash means the document does not state that figure. This decision covers 2 properties; the figures shown are for the first listed.

What was argued and what the tribunal found

The appellants (through their agents) challenged the adopted price of £550 per m2 on the basis that rental evidence and comparable assessments supported a lower price of £535 per m2. The tribunal reviewed rental evidence from within 60 Ludgate Hill and found that two rents analysed below £550 per m2 (£504 and £519) and two analysed above (£629 and £600), leading to the conclusion that £550 per m2 was not unreasonable. The appeals were dismissed and the entries confirmed.

Summary generated from the decision text and checked against it. The appellant was Commonwealth Bank of Australia, represented.