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Property

Warner Bros Studios Leavesden Warner Drive, Leavesden, Watford, WD25 7LP

Contents

Valuation

Current rateable value (26 July 2023 to present)

£28,070,000

This is the rateable value for the property. It is not what you pay 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 9 July 2024 to present 26 July 2023 £28,070,000
PREVIOUS 20 March 2024 to 8 July 2024 26 July 2023 £37,250,000
PREVIOUS 1 April 2023 to 19 March 2024 1 April 2023 £25,320,000
PREVIOUS 29 July 2024 to 31 March 2023 25 January 2023 £6,460,000
PREVIOUS 20 March 2024 to 28 July 2024 25 January 2023 £8,180,000
PREVIOUS 14 June 2022 to 19 March 2024 30 June 2021 £5,510,000
PREVIOUS 5 May 2022 to 13 June 2022 29 June 2020 £4,920,000

Valuation details

Description Help with Description
Film studios and premises
Local council
Three rivers
Local council reference Help with Local council reference
101004700460
Rating list Help with Rating list
2023
Effective date Help with Effective date
26 July 2023
List alteration date Help with List alteration date
9 July 2024
Valuation scheme reference Help with Valuation scheme reference
642195
Base rate Help with Base rate
£320.00
Measurement method Help with Measurement method
Gross internal area
Transitional relief certificate issued Help with Transitional relief certificate issued
Yes
Special category code Help with Special category code
100S

How the rateable value is calculated

The Valuation Office Agency (VOA) uses various methods to value properties. A ‘rental’ method is used most often.

The VOA gathers information about rents paid for properties. It analyses the information and works out a price per square metre. It may consider things like property age, construction and location. The price per square metre is applied to the floor area of the property.

More about how business properties are valued

Film studios floor areas
Description Area m²/unit £ per m²/unit Value Help with Value
Ground floor office 5,123.59 £198.00 £1,014,471
Ground floor office 1,011.98 £150.00 £151,797
Ground floor office 542.24 £150.00 £81,336
Ground floor office 488.99 £198.00 £96,820
Ground floor office 1,711.39 £198.00 £338,855
Ground floor workshop 1,903.45 £150.00 £285,518
Ground floor area under supported floor 756.93 £90.00 £68,124
Ground floor office 1,554.56 £180.00 £279,821
Ground floor workshop 3,092.39 £150.00 £463,859
Ground floor workshop 612.54 £35.00 £21,439
Ground floor workshop 539.82 £35.00 £18,894
Ground floor workshop 2,278.45 £320.00 £729,104
Ground floor workshop 2,270.26 £320.00 £726,483
Ground floor workshop 2,270.26 £320.00 £726,483
Ground floor workshop 117.98 £320.00 £37,754
Ground floor workshop 2,167.16 £150.00 £325,074
Ground floor workshop 2,135.18 £150.00 £320,277
Ground floor workshop 2,904.01 £200.00 £580,802
Ground floor workshop 635 £230.00 £146,050
Ground floor workshop 3,062.18 £150.00 £459,327
Ground floor workshop 3,394.96 £150.00 £509,244
Ground floor workshop 3,088.21 £150.00 £463,232
Ground floor workshop 1,873.76 £150.00 £281,064
Ground floor workshop 1,595.01 £150.00 £239,252
Ground floor workshop 9,889.36 £150.00 £1,483,404
Ground floor area under supported floor 659.97 £68.25 £45,043
Mezzanine floor workshop 659.97 £36.75 £24,254
Ground floor workshop 2,587.16 £150.00 £388,074
Ground floor area under supported floor 1,891.67 £90.00 £170,250
Mezzanine floor office 1,882.09 £180.00 £338,776
Ground floor workshop 32.5 £75.00 £2,438
Ground floor gatehouse 158.14 £90.00 £14,233
Ground floor workshop 9,377.4 £320.00 £3,000,768
Ground floor workshop 205.27 £160.00 £32,843
Ground floor workshop 1,170.76 £320.00 £374,643
Ground floor workshop 4,192.78 £320.00 £1,341,690
Ground floor workshop 136.42 £160.00 £21,827
Ground floor workshop 3,284.1 £320.00 £1,050,912
Ground floor workshop 226.52 £160.00 £36,243
Ground floor workshop 1,583.31 £320.00 £506,659
Ground floor workshop 121.92 £160.00 £19,507
Ground floor workshop 99.9 £160.00 £15,984
Ground floor workshop 1,594.72 £320.00 £510,310
Ground floor workshop 1,971.83 £35.00 £69,014
Ground floor workshop 3,192.39 £320.00 £1,021,565
Ground floor workshop 236.6 £160.00 £37,856
Ground floor workshop 1,585.07 £320.00 £507,222
Ground floor area under supported floor 1,564.31 £208.00 £325,376
Mezzanine floor workshop 1,564.31 £112.00 £175,203
Ground floor workshop 209 £160.00 £33,440
Ground floor workshop 8,217.33 £320.00 £2,629,546
Ground floor workshop 205.27 £160.00 £32,843
Second floor office 1,203.83 £422.40 £508,498
Second floor workshop 205.37 £160.00 £32,859
Third floor office 1,264.03 £422.40 £533,926
Ground floor workshop 3,259.82 £320.00 £1,043,142
Ground floor workshop 305.64 £160.00 £48,902
Ground floor office 2,185.86 £422.40 £923,307
Ground floor workshop 3,264.44 £320.00 £1,044,621
Ground floor workshop 230.32 £160.00 £36,851
Ground floor workshop 4,622.52 £320.00 £1,479,206
Ground floor workshop 236.36 £160.00 £37,818
Ground floor office 2,117.53 £320.00 £677,610
Ground floor workshop 4,417.91 £150.00 £662,687
Ground floor office 2,292.06 £422.40 £968,166
Ground floor workshop 603.03 £35.00 £21,106
Ground floor workshop 267.71 £35.00 £9,370
Ground floor office 810.03 £150.00 £121,505
Ground floor workshop 1,016.52 £35.00 £35,578
Ground floor workshop 1,016.52 £35.00 £35,578
Ground floor workshop 1,979.42 £35.00 £69,280
Ground floor workshop 1,196.4 £35.00 £41,874
Ground floor workshop 498.63 £35.00 £17,452
Ground floor area under supported floor 484.02 £22.75 £11,011
Mezzanine floor workshop 466.12 £12.25 £5,710
Ground floor workshop 587.85 £35.00 £20,575
Ground floor workshop 390.45 £35.00 £13,666
Ground floor workshop 1,004.2 £35.00 £35,147
Ground floor workshop 1,004.2 £35.00 £35,147
Ground floor workshop 379.09 £35.00 £13,268
Ground floor workshop 73.83 £35.00 £2,584
Ground floor area under supported floor 315.47 £22.75 £7,177
Mezzanine floor workshop 315.47 £12.25 £3,865
Ground floor workshop 115.05 £35.00 £4,027
Ground floor workshop 295.98 £320.00 £94,714
Total 142,056.05 £31,171,230
Additional details
Description Area m²/unit £ per m²/unit Value Help with Value
Hard surfaced, unfenced land 152962.7 £0.00 £0
Total £0
Plant and machinery
Description Value Help with Value
Plant and machinery £28,291
Total £28,291
Adjustments made to property
Description Adjustment Help with Adjustment
Permanent disadvantage -0.10%
Total £-3,119,952
Valuation
Total value £28,079,569
Rateable value (rounded down) £28,070,000
Get help with this valuation

Help with current valuation

You want to change something in this valuation

You can tell the Valuation Office Agency (VOA) that:

  • your property details (such as floor area sizes and parking) need changing
  • you think your rateable value is too high

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

The Valuation Office Agency (VOA) uses various methods to value properties. A ‘rental’ method is used most often.

The VOA gathers information about rents paid for properties. It analyses the information and works out a price per square metre. It may consider things like property age, construction and location. The price per square metre is applied to the floor area of the property.

More about how business properties are valued

The rateable value and your business rates bill

£28,070,000 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

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