Advice council tax band challenge

mustardtree6

I've recently moved into a 2 bed flat (63sqm), with a council tax band D, which was built in 2000 There are some similar sized flats (60-65sqm) in my block that are in band C. The other larger flats (65-75sqm) in the block are band D. However, if you go down the road by 0.5 miles, all similar sized 2 bed flats(55-69sqm), built around 2005-2007 are in band B.

When I put my details into the Nationwide HPI, it suggests that the 1991 figure would have been £40,000 (band B).

Should I propose a band B? Or would a band C be more successful?

Thank you in advance forumites.

p00hsticks

If there are flats the same size as yours in the same block that are a band lower, I'd cite those as comparisons and say you should be in Band C. They won't accept Nationwide 1991 figures.

lincroft1710

Can you find recent sales of the 3 types of flat to which you refer to see if there is a pattern

mustardtree6

According to Zoopla, all 2 bed flats around a mile radius are priced around £150K mark. Yet, the newer ones are band B but my one is band D.

lincroft1710

https://forums.moneysavingexpert.com/discussion/comment/81897975#Comment_81897975

Are those current asking prices? They sound about the mark for retirement apartments.

mustardtree6

Yes, £150K is the current asking price and they are available for anyone to buy (not retirement apartments)

lincroft1710

Band D does seem excessive, unless there is some underlying reason why these flats are so cheap. Can you find what the 2000 sale price was?

mustardtree6

The 2000 sale price as a new build was £88,500. The current market value is £150,000.

lincroft1710

The problem seems to be that the prices of the flats has not kept pace with overall rise in property prices and as this is regarded as "subsequent economic change" cannot be taken into account for CT banding. The 2000 sale price does suggest Band C/D