RateRight
Business Rates Screening Report
UNIT 12, WIGMORE LANE
Free screening report
UNIT 12, WIGMORE LANE
LUTON • LUTON • LU2 8AD • office • 489 m²
UARN: 101464814815 • Luton
Source
Local sample data
Property and Council Details
Billing authority
Luton
Property type
office
VOA reference
101464814815
Record source
Local sample data
FAIR
Your rateable value of £51,000 is in line with sector benchmarks for office premises in LUTON. We estimate no material overpayment.
Your Rates Bill Estimate
Rateable Value
£51,000
Estimated Multiplier
48.0p
Standard multiplier
Estimated Annual Bill
£24,480
* Before any local reliefs, transitional adjustments, exemptions, or supplements. Consult your local authority for exact figures.
Benchmark Comparison
Your RV/m²
£104
Benchmark
£120
Difference
-13%
Key Findings
- Comparable nearby properties average £84/sqm vs your £104/sqm
- Your £104/sqm aligns with the sector benchmark of £120/sqm
- The rateable value appears consistent with comparable premises in LUTON
Comparison Lab
Adjust the target RV/m² and sort comparables to explore the shape of a possible case.
THE ATRIUM, PARK STREET WEST
LU1 3BE · 1577m² · £164,000
£104/m²
BASEMENT 22, KING STREET
LU1 2DP · 72m² · £4,500
£63/m²
Projected RV at target
£58,680
Signal vs target
-13%
Estimated annual saving
£0
This is a what-if estimate, not an appeal valuation. It helps you see how sensitive the bill is to the assumed RV/m².
Comparable Property Snapshot
Closest available comparable records used for the screening benchmark.
| Address | Postcode | Size | RV | RV/m2 |
|---|---|---|---|---|
| THE ATRIUM, PARK STREET WEST | LU1 3BE | 1,577m2 | £164,000 | £104 |
| BASEMENT 22, KING STREET | LU1 2DP | 72m2 | £4,500 | £63 |
Recommended Next Steps
- 1No immediate action required — your rateable value appears accurate
- 2Review your rates bill for applicable reliefs (small business, charity, etc.)
- 3Register with VOA to receive property assessment updates
- 4Revisit if market conditions or property use changes significantly
Your RV Looks Correct
Our analysis suggests your rateable value is in line with comparable properties. No appeal action needed.
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