THERE-VALUATION OF LONDON.

Wairarapa Daily Times, Volume 3, Issue 686, 7 February 1881, Page 2

THERE-VALUATION OF LONDON.

[" Daily News'."]

.• The results of the ro-valuation of the metropolis, a work whichhaa occupied-the various districts ..'during the year, :kv.a been returned to Mr Jebb, the chief clerk of the. Metropolitan' Asylums Board, who ia authorised "li'rtder tfio Act (the Metropolis Valuation Act, 1869) to issue the : return. This is the second Quinquennial valuation; .-and-, the- metropolis shbw's a vastly yjluff owing, not only to the increased buildings, but to the -ratoablo.value of houses having been risen • by the local authorities, whose aotion, in regard to separate tenancies, has been allowed to .paBB unquestioned owing to the cost of appealing. When .the list was first issued, in 1871. the gross value'of the metropolis was £24,176,338 ;• and the rateable valuo £19,900,072. In 1876, when the first quinquennial valuation was made, lh& gross f; valuo.had risen to to £28,096,812, and rateable value to £23,154,639, au increase on the gross of £3,920,474, and of £3,254,567 on the rateable value in the,five years, The returns now given in bliow a gross value of • L25 } 785,556,- and .a ratable value of L25,607;405. These totals, however, do not include.the City of. London,, whose rating authorities have. not. yet sent in their returns, nor Poplar, nor the Middle Temple. The' gross-value of the City of London iB estimated at L 3,753,707, and the rateable value at L 3,313,522. The rateable value of Poplar is ' estimated .at L 311,895, oh the gross of L453,J95. The.' Middle Temple- is estimated as. likely to' give-in its returns. L 10,929 of rateable value of L 13.144 a 1 total increase ofLo00,000!on .the. three places. Hence the returns will bo-gross valuo, L33,176;203; aud a rateablelvalue of L28,833,751—_au increase in the second quinquennial period' of L 5,079,391 großß, : and L 4,679,112 rateable, and a total increase in th»ten

years of L 8,096,865 and L 7,933,679, The the Oity,''are—Kensington, L 1,969,501 ; St. Pancrassj LI,828,828; Milton, L 1,757,680 Marylebone, L 1,659,874; St.: George's (Hanover square) Union, L 2,728,218; and Lambeth, L 1,577,631.-