Property Market Report 1982
Foreword
This report has been prepared as a source of historic property values for land, commercial and residential units. Historic information on levels of value of various property types is not readily available and the aim of this report is to provide, in one document, general indicative values for a range of property types.
The report covers residential, agricultural and industrial building land, house values, including privately tenanted house values and office and warehouse values at named locations across England, Scotland and Wales.
The figures in the report are opinions of value of recognisable property types or ‘beacons’ that are defined at the beginning of each of the various sections. A detailed methodology is also included as a separate section and sets out how the valuations and tables are prepared.
For this report the ‘beacons’ have been valued as at 31 March 1982 because valuations may be required for Capital Gains Tax purposes if you owned the asset on this date. You can find out more about this from the "How to calculate capital gains and losses on property" guide on the HMRC website.
The report provides general indicative values that may be a helpful aid and starting point to preparing more detailed valuations of particular property types.
Values for actual properties must reflect individual circumstances, specific locations, condition of the property and planning circumstances and for this reason individual valuations will differ to varying degrees from the beacons in this report. The beacons are a broad guide to value and should not be adopted without regard to the actual property involved.
The Valuation Office continues to prepare ‘beacon based’ reports every six months in January and July. Reports from 2001 are available on our web site www.voa.gov.uk and it is hoped that earlier hardcopy reports will also be made available electronically in the future.