§ Mr. Harry GreenwayTo ask the Secretary of State for the Environment what account he is taking of the fall in property values since 1990 when finalising the introduction of the council tax in 1993; and if he will make a statement.
§ Mr. Robin Squire[holding answer 11 November 1992]: The banding of each dwelling shown on valuation lists will be based on its estimated sale price on 1 April 1991, taking account of any significant change to the property between then and April 1993. That will establish its relative value compared with other dwellings and ensure that all dwellings are banded on the same basis.