How non domestic property is valued
Non domestic property in Northern Ireland is assessed on the basis of its rental value (known as the net annual value or NAV). The current valuation list for non domestic properties became operative on 1 April 2020 and is based on rental values as at 1 April 2018. Please note that your rateable value (NAV) is not your rate bill.
Each non domestic property has been valued in line with comparable properties in its locality.
Some non domestic properties require a specialist assessment to reflect their particular characteristics for example schools, licensed premises, petrol filling stations, sporting facilities. The valuation of such properties involves the application of specialised methods of assessment, which may involve examination of the property's receipts and expenditure, or its estimated replacement costs. More information on the Non domestic valuation schemes and guidance can be found in the link below:
You can find your NAV on your rate bill or you can use the link below to check the NAV of individual non domestic properties. You can also use this link to make an online application to have your valuation reviewed if you feel that your NAV is not correct.
To make an application you can search for your property by postcode, via the map or by using the advanced search option. This will bring up the address and valuation of the property. Once you find your property you can use this service to apply for a valuation review.
Valuing a new or existing property and how to appeal your valuation
To find out about the valuation of non domestic or business properties, how to get a property valued and how to appeal a valuation, please use the links below:
- Business rates: valuation of a new property - nibusinessinfo website
- Business rates: valuing alterations to existing properties - nibusinessinfo website
- Business rates: appealing your valuation - nibusinessinfo website