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Business rates for shops in Torfaen

There are 655 shops in Torfaen’s 2026 rating list. The median rateable value is £5,400, or about £83 per m² of floor area. Is yours in line?

Median RV
£5,400
Median £/m²
£83
Typical size
78 m²

All property types in Torfaen: median RV £7,300.

How shops in Torfaen compare

The middle half of shops here are valued at £56 to £131 per m² of floor area. That compares with a median rateable value of £7,300 for all 3,163 business properties in Torfaen. If your price per m² sits well above similar properties on nearby streets, that is the evidence a Challenge needs.

How are business rates worked out in Torfaen?

Your council multiplies your rateable value (set by the Valuation Office) by a multiplier, then takes off any reliefs. For 2026/27 in Wales the multipliers are 35p for retail properties under £51,000, 50.2p standard, and 51.5p for rateable values over £100,000 (Welsh Government).

Aggregate statistics computed from the Valuation Office’s Rating List Downloads (2026 list) for non-domestic rating purposes. Individual properties are shown only through the free check. Not affiliated with the Valuation Office. Data notice