RateRight
Business Rates Screening Report
BASEMENT 22, KING STREET
Free screening report
BASEMENT 22, KING STREET
LUTON • LUTON • LU1 2DP • office • 72 m²
UARN: 102734320988 • Luton
Source
Local sample data
Property and Council Details
Billing authority
Luton
Property type
office
VOA reference
102734320988
Record source
Local sample data
FAIR
Your rateable value of £4,500 is in line with sector benchmarks for office premises in LUTON. We estimate no material overpayment.
Your Rates Bill Estimate
Rateable Value
£4,500
Estimated Multiplier
43.2p
Small business multiplier
Estimated Annual Bill
£0
* Assumes the property is eligible for 100% small business rate relief. Multi-property rules can change this. Consult your local authority for exact figures.
Benchmark Comparison
Your RV/m²
£63
Benchmark
£120
Difference
-47%
Key Findings
- Your £63/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.
SUITE 20 AND 21, ENTERPRISE WAY
LU3 4BU · 108m² · £15,750
£146/m²
UNIT C4-C5 BASEPOINT BUSINESS CENTRE, GREAT MARLINGS
LU2 8DL · 37m² · £8,700
£235/m²
Projected RV at target
£8,640
Signal vs target
-47%
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 |
|---|---|---|---|---|
| UNIT C4-C5 BASEPOINT BUSINESS CENTRE, GREAT MARLINGS | LU2 8DL | 37m2 | £8,700 | £235 |
| SUITE 20 AND 21, ENTERPRISE WAY | LU3 4BU | 108m2 | £15,750 | £146 |
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.
Run another check