RateRight
Business Rates Screening Report
1-3, WELLINGTON STREET
Free screening report
1-3, WELLINGTON STREET
BEDFORD • BEDFORD • MK40 2HZ • warehouse • 490 m²
UARN: 116894197533 • Bedford
Source
Local sample data
Property and Council Details
Billing authority
Bedford
Property type
warehouse
VOA reference
116894197533
Record source
Local sample data
FAIR
Your rateable value of £20,000 is in line with sector benchmarks for warehouse premises in BEDFORD. We estimate no material overpayment.
Your Rates Bill Estimate
Rateable Value
£20,000
Estimated Multiplier
43.2p
Small business multiplier
Estimated Annual Bill
£8,640
* Before any local reliefs, transitional adjustments, exemptions, or supplements. Consult your local authority for exact figures.
Benchmark Comparison
Your RV/m²
£41
Benchmark
£45
Difference
-9%
Key Findings
- Your £41/sqm aligns with the sector benchmark of £45/sqm
- The rateable value appears consistent with comparable premises in BEDFORD
Comparison Lab
Adjust the target RV/m² and sort comparables to explore the shape of a possible case.
UNIT 9, ST MARTINS WAY
MK42 0LF · 943m² · £63,000
£67/m²
Projected RV at target
£22,050
Signal vs target
-9%
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 9, ST MARTINS WAY | MK42 0LF | 943m2 | £63,000 | £67 |
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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