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Property

Buckingham Palace, Buckingham Gate, London, SW1 1AA

Contents

Valuation

Previous rateable value (1 April 2017 to 31 March 2023)

£1,470,000

This was the rateable value for the property. It is not what you would have paid in business rates or rent. Your local council uses the rateable value to calculate the business rates bill.

Estimate your business rates bill

Valuations for this property

Valuations Help with Valuations Effective date Help with Effective date Rateable value
CURRENT 1 April 2023 to present 1 April 2023 £1,676,000
PREVIOUS 1 April 2017 to 31 March 2023 1 April 2017 £1,470,000

Valuation details

Description Help with Description
Royal palace and premises
Local council
Westminster city
Local council reference Help with Local council reference
400185000000
Rating list Help with Rating list
2017
Effective date Help with Effective date
1 April 2017
Transitional relief certificate issued Help with Transitional relief certificate issued
No
Special category code Help with Special category code
240N

How the rateable value is calculated

To see how the Valuation Office Agency calculated this rateable value:

  1. Sign in or register for a business rates valuation account
  2. Add the property to your account.
  3. Request the valuation.
Get help with this valuation

Help with previous valuation

You want to change something in this valuation

You can no longer tell the Valuation Office Agency (VOA) about changes to property details (by sending a Check case) for any valuations on the 2017 rating list.

You can tell the VOA you think the rateable value was too high by sending a Challenge case. You must have sent a Check case before 1 April 2023 and (any of these apply):

  • you send the Challenge case within 4 months of the Check case decision
  • you have waited more than 12 months and not received a Check case decision
  • the Challenge case is about a change in the local area (such as long-term roadworks), you send it within 16 months of sending the Check case and you have received our Check case decision

You can also tell the VOA you think the rateable value was too high if (any of these apply):

  • the VOA have altered this valuation in the last 6 months
  • a court decision affected this property’s rateable value

You need a business rates valuation account to tell the VOA yourself or appoint an agent to do it for you.

Sign in or register for an account

How to use a business rates valuation account

How the rateable value is calculated

To see how the Valuation Office Agency calculated this rateable value:

  1. Sign in or register for a business rates valuation account
  2. Add the property to your account.
  3. Request the valuation.

The rateable value and your business rates bill

£1,470,000 is the rateable value for this property set by the Valuation Office Agency.

It is not what you pay in business rates or rent. Your local council uses the rateable value to calculate your business rates bill.

Business rates are used to partly fund local council services.

Estimate your business rates bill

You may also be entitled to business rates relief.

Business rates relief

Some properties are eligible for discounts from the local council on their business rates. You have to contact your local council to see if you’re eligible and apply.

More about business rates relief

Contact your local council

Report a problem with this page.

If you are having trouble using this service, you can contact us for help.

Email address: ccaservice@voa.gov.uk