
Auckland Council's website has crashed this morning, with people eager to find out the new value of their home overloading the site.
Today the Auckland Council released individual capital valuations online. Although the new valuations were available earlier this morning, later the site has showed either a message saying the information wasn't available at the moment or the search showed no properties matching the address. The site's home page is also not accessible.
The New Zealand Herald were seeking comment from the council.
The valuations are used by the council to set rates bills, and will be sent in hard-copy format to households from this week.
Calculations based on today's new figures will apply from July next year.
Properties in Auckland were last valued in 2011 but house prices have risen significantly since then, with the average council valuation up 33 per cent.
Some up-and-coming areas, such as Point England in east Auckland and Hobsonville in the west, have risen in value by more than 50 per cent.
While big increases will make homeowners wealthier, at least on paper, they are also likely to result in sizeable rates hikes. The Auckland Council recently voted to increase the average rates by between 2.5 per cent to 3.5 per cent, but homes that have risen in value by more than average will face bigger increases.
Auckland Mayor Len Brown has seen only a modest increase in the value of his home on a lifestyle block in the Manukau suburb of Totara Heights, up 8 per cent to $1.3 million from $1.2m in 2011.
The new valuations will be available at www.aucklandcouncil.govt.nz/revaluation from today, and owners have until December 19 to dispute any changes.
Source: The New Zealand Herald and Stuff.co.nz
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