Valuation
Valuation Sheet 2023 Revaluation
Ref No.:
795306
Description:
NURSING HOME
Property Address:
CYGENT WALLACE, 117-119 AMERICANMUIR ROAD, DUNDEE, DD3 9AG
Primary Practice Note:
Final Value:
£84,392
NAV:
£84,300
RV:
£84,300
Effective Date:
01/04/2023
Tayside Valuation Joint Board
William Wallace House
Orchardbank Business Park
Orchardbank
Forfar DD8 1WH
Buildings Value Practice Note: Residential Homes
| Building | Category | Floor | Measured Area (m²) | Wall Thickness Adjustment | Adjusted Area (m²) | Unit Cost Rate (£/m²) | Unit Rate Adjustment | Notional Contract Cost | Contract Size Adjustment | Adjusted Contract Cost | Fees Adjustment | ERC | Age Allowance | Further Allowance 1 | Further Allowance 2 | Further Allowance 3 | Further Allowance 4 | Further Allowance 5 | ARC |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| HOME GROUND FLOOR | 801.10 | -0.00% | 801.10 | £2,000.00 | £1,602,200 | 0.13% | £1,604,283 | 9.50% | £1,756,690 | -27.50% | NO LIFT -5.00% | £1,209,920 | |||||||
| HOME FIRST FLOOR | 798.96 | -0.00% | 798.96 | £2,000.00 | £1,597,920 | 0.13% | £1,599,997 | 9.50% | £1,751,997 | -27.50% | NO LIFT -5.00% | £1,206,688 | |||||||
| ACTIVITY BLOCK GROUND FLOOR | 145.18 | -7.10% | 134.87 | £2,000.00 | £269,740 | 0.13% | £270,091 | 9.50% | £295,750 | -55.00% | NO LIFT -5.00% | POOR QUALITY -10.00% | £113,790 | ||||||
| ACTIVITY BLOCK FIRST FLOOR INTERNAL AREA | 105.17 | -0.00% | 105.17 | £2,000.00 | £210,340 | 0.13% | £210,613 | 9.50% | £230,621 | -55.00% | NO LIFT -5.00% | POOR QUALITY -10.00% | £88,731 | ||||||
| TOTAL | 1,850.41 | £3,680,200 | £3,684,984 | £0 | £2,619,129 |
External Works (Site works) Practice Note: Residential Homes
| Description | Type / RCG Code | Quantity | Unit of Measurement | Unit Cost Rate (£) | Location Adjustment | Notional Contract Cost | Contract Size Adjustment | Adjusted Contract Cost | Fees Adjustment | ERC | Age Allowance | Functional Allowance | Technical Allowance | Other Allowance | ARC |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| SITE WORKS | 4083.72 | m² | £47.00 | £191,935 | 0.13% | £192,185 | 9.50% | £210,442 | -13.00% | £183,085 | |||||
| TOTAL | £191,935 | £192,185 | £0 | £183,085 |
Land Value Practice Note: Residential Homes
| Description | Site Area (m²) | Site Rate (£/m²) | Capital Land Value | Ebdon Allowance | Other Allowance | Adjusted Land Value |
|---|---|---|---|---|---|---|
| SITE VALUE | 5,030.00 | £32.49 | £163,425 | -34.00% | £107,860 | |
| TOTAL | £163,425 | £107,860 |
Summary & Decapitalisation Practice Note: Residential Homes
| Total NCC | Total ACC | Total Fees | Total ERC | Total ARC | % Difference (ERC to ARC) | Effective Capital Value | Decapitalise | Initial Value |
|---|---|---|---|---|---|---|---|---|
| £3,872,135 | £3,877,169 | £368,331 | £4,245,500 | £2,802,214 | 34.00% | £2,910,074 | @ 2.90% | £84,392 |
Final Adjustments Practice Note: Residential Homes
| Description | Initial Value | Adjustment % | Adjusted Value |
|---|---|---|---|
| N/A | - | - | - |
| Final Value | £84,392 |
|---|---|
| NAV/RV | £84,300 |
| Effective Date | 01/04/2023 |
Additional Information:
Notional Contract Cost : £3,872,135
Contract Size Adjustment (CSA) : 0.13%
Adjusted Contract Cost : £3,877,169
Fees Adjustment : 9.50%
Please note that this is for information only and should not be reused or sold. This has been prepared solely for the purposes of Non-Domestic Rating and should not be used for any other purpose. It remains the property of the Assessor for Tayside.
The above valuation is an on-line version of the individual valuation adapted to fit a standard presentation. This means that the valuation in some instances is not an exact replica of the calculation done by the Assessor.
No warranty is given and neither the Assessor for Tayside nor Tayside Valuation Joint Board accepts responsibility for any loss sustained as a result of any inaccuracy in the information given.
Any enquiries in connection with this should be directed to the Assessor by emailing [email protected] or by telephoning 01307 499910.
