Top of page 9.How will Capital valuations be assessed?
• Data held by Valuation and Lands Agency (VLA) such as location, house type,size.age and accomodation will be taken into account, together with sales details of similar properties in the neighbourhood. • Work on producing an assessment of the capital value of each residential property in Northern Ireland has now been completed.This assessment assumes an average standard of internal fit out and disregards any value attributable to development potential. • All properties were assessed to a common valuation date of January 2005 to ensure fairness and consistency. • The assessments of capital values have been distributed to all households in Northern Ireland.
