Your property is in one of eight valuation bands A - H (see table below). The valuation bands were set in 1991. They reflect what a property would have sold for on the open market in 1991:
||Open market value at 1 April 1991
|A||Not more than £40,000|
|B||£40,001 to £52,000|
|C||£52,001 to £68,000|
|D||£68,001 to £88,000|
|E||£88,001 to £120,000|
|F||£120,001 to £160,000|
|G||£160,000 to £320,000|
|H||More than £320,000|
Use your postcode to find out which band your property is in.
What to do if you think your home is in the wrong band.