Blogging has been light because in between sitting in the back garden reading, I've been updating the valuations page on the KAALVTN blog.
To cut a long story short, the land valuation process can be done 90% just by mucking about with spreadsheets and the other 10% entails a quick squiz at HM Land Registry plans, a quick drive-by valuation like they did for Council Tax and listing to a few tedious appeals afterwards, caving in where necessary. They already have lists for Council Tax, which can then be updated for the new site premium figures. Job done.
So here's the spreadsheet, type in a postcode and it will tell you what the site premium* for the basic types of homes/plots is:
* In other words, if you add actual running costs plus a bit of profit margin to the site premium, that's what is currently being paid in total rent.
