4 February 2021 – QV property valuations as at 1 September 2020 are now available. See QV MEDIA RELEASE here. To find out property values, here is a direct link to the property search on the QV website. For more information please see the FAQ sheet

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22 January 2021 – QV has provided an update to say there is a further delay and that letters to property owners will be posted 10 February. To stay up to date, please refer to the QV website here.

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South Wairarapa District Council” s valuation service provider, Quotable Value (QV), has advised of rating value delays due to a change in the auditing process.

QV area manager Paul McCorry said rating values were subject to a rigorous independent audit by the Office of the Valuer General before they can be released. “Due to a recent change in auditing procedure, this part of the process has been taking longer than it has previously,” he said.

“We want to assure you that, while this may delay the approval and release of the new values by several weeks, this remains an integral part of the process. We pride ourselves on the quality of our work. That” s why we go to great lengths to ensure that all the information we provide is accurate.”

The new rating valuations for the district are expected to be available in mid-January 2021. It is important to note these are rating valuations and not market valuations so will not take effect until 1 July 2021 for the 2021/22 rating year.

For more information, please contact Quotable Value on – email contact@qv.co.nz or phone 0800 787 284.

If you are wondering what this means to your rates, QV property valuations (Land Values for South Wairarapa rates) are just one factor in allocating rates across different types of rateable properties. Land values are used to determine the General Rates portion of a rates bill.

An increase in property valuation doesn” t necessarily equate to an increase in rates, particularly if it” s in line with the average increase.

People whose property has increased disproportionately may get a higher than average rates increase next year, however, the change will be more impacted by the activities the Council sets in its upcoming Long Term Plan process.

The plan for next year will determine the total amount of rates that need to be collected, and the new land valuations will influence the share to be paid by each ratepayer.

The best way ratepayers can influence rates is to give feedback through the upcoming Long Term Plan consultation process.