RateRight
Business Rates Screening Report
23-25, MIDLAND ROAD
Free screening report
23-25, MIDLAND ROAD
BEDFORD • BEDFORD • MK40 1PL • retail • 296 m²
UARN: 108398271606 • Bedford
Source
Local sample data
Property and Council Details
Billing authority
Bedford
Property type
retail
VOA reference
108398271606
Record source
Local sample data
RATEABLE VALUE MAY BE OVERSTATED
Your rateable value of £51,500 is above typical benchmarks for retail premises in this location. A formal appeal could reduce your annual rates bill.
Estimated Annual Saving if Appeal Succeeds
£8,124
Based on reduction to benchmark RV £36,704
Your Rates Bill Estimate
Rateable Value
£51,500
Estimated Multiplier
43.0p
Retail, hospitality and leisure standard multiplier
Estimated Annual Bill
£22,145
* Before any local reliefs, transitional adjustments, exemptions, or supplements. Consult your local authority for exact figures.
Benchmark Comparison
Your RV/m²
£174
Benchmark
£130
Difference
+34%
Key Findings
- Rateable value is 34% above the median for similar retail premises in BEDFORD
- Comparable nearby properties average £135/sqm vs your £174/sqm
Comparison Lab
Adjust the target RV/m² and sort comparables to explore the shape of a possible case.
SHOP 2, ALTHORPE STREET
MK42 9HF · 48m² · £6,500
£135/m²
Projected RV at target
£38,480
Signal vs target
+34%
Estimated annual saving
£7,446
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 |
|---|---|---|---|---|
| SHOP 2, ALTHORPE STREET | MK42 9HF | 48m2 | £6,500 | £135 |
Recommended Next Steps
- 1Check the official VOA rating record and download your assessment details
- 2Gather supporting evidence: lease, floor plans, photos of condition
- 3Submit a Check through the official VOA portal if the record looks wrong
- 4Use these findings as a screening guide before deciding whether to prepare a formal Challenge
- 5Act quickly — appeal grounds are strongest in the first months post-revaluation
Free Report Complete
This screening report is ready to review, print, or save as a PDF.
- Check the official VOA record for the full property details
- Confirm floor area, property description, and current use
- Gather lease, photos, floor plans, and evidence of comparable premises
- Decide whether to submit a free VOA Check
- Print or save this free report for your records
RateRight provides screening information, not rating advice.