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33
RATEABLE VALUE.
Under the provisions of the Valuation (Metropolis) Act
1869, the whole of the rateable properties in the Parish
were re-valued during the year. At the general revaluation
which took place in the year 1885, the assessment
was follows:—
Gross value £831,835
Rateable value £694,201
The total of the Valuation Lists upon the recent revision
(subject to appeal) is as follows :—
Gross value £889,649
Rateable value £743,348
showing an increase upon the five years of £57,814 in the
Gross and £49,147 in the Rateable value. The average
annual increase in the assessment during the past four
years, owing to the erection of new buildings and additions
to existing buildings was £6,709 Gross and £5,439 Rateable
value. The increase during the past year, owing partly to
the erection of new buildings and partly to the revision of
assessments generally was £30,976 on the Gross value and
£27,390 on the Rateable value.
The valuation of the properties was made without the
assistance of a professional valuer, and the total expense
incurred by the Vestry, including printing, service of
notices, &c. was £158 4s. 7d.
In order to afford the parishioners every opportunity of
appeal, a notice of the intended assessment was served upon
every ratepayer, whether it was proposed to make any
alteration therein or not, with a headline in red ink calling
c