Why we are not considering the property rise in real term of 4% p.a and inflation of 2.5% p.a. when calculating property value?
Ask the Tutor ACCA AFM
BBS Store (6/09)
The property has just been revalued, and so the fact that prices may have risen in the past is not relevant.
The revalued amount has presumably already taken account of property price rises.
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