Valbiz V8 is here!

Fair and flexible
property-centric software
for New Zealand valuers

Understanding our Data

The data we provide is received in accordance with the LINZ Rating Valuation Rules 2008. You are welcome to read the guide from LINZ here, however, we have an overview of many of the data definitions below.

Residential and Lifestyle Rural
First Second Third-Fifth Sixth (Quality)   First Second Third (Quality)
Lifestyle Bare - - Arable Irrigation A - F
  Improved Decade* A - C No irrigation A - F
  Vacant - -  
    Dairying F - milk A - F
Residential Apartments Decade* A – C  
  Bare block - - Forestry Exotic -
  Converted to flats Decade* A – C Indigenous -
  Dwelling Decade* A – C Protected -
  F – ownership home units Decade* A – C Vacant -
  Home and income Decade* A – C  
  Multi unit (vacant) - - Horticulture Berry A - F
  N – more than 1 dwelling Decade* A – C Citrus A - F
  Parking – likely res. use - - Flowers A - F
  Rental flats Decade* A – C Glasshouses A - F
  Vacant (single res.) - - Kiwifruit A - F
    Market Garden A - F
* or XXX. The decade is recorded using the first 3 digits of the year Pip Fruit A - F
  Stone Fruit A - F
Commercial, Industrial, and Utilities Vineyard A - F
  X – Mixed/other A - F
First Second Third (Location) Fourth
 
Commercial Accommodation C S P A - C Mining Coal -
  Cinema/theatre C S P - Gas -
  Elderly rest homes C S P A – C Limestone quarry -
  Health operations – small C S P - Oilfields -
  K - education C S P - Precious metal -
  Liquor outlets C S P - Rock/shingle/sand -
  Motor vehicles C S P - X – Mixed/unknown -
  Office C S P A - C  
  Parking C S P - Pastoral Finishing A - F
  Retail C S P A - C Grazing A - F
  Service stations C S P - Runs A - F
  Tourist C S P - Stud A - F
  Vacant C S P -  
  X - Multiple/unknown C S P - Specialist Aqua A - F
    Deer A - F
Industrial Food processing/storage C S P - Horse A - F
  Heavy manufacturing C S P - Poultry A - F
  Light manufacturing C S P - S – Pigs A - F
  Noxious or dangerous C S P - X – Other A - F
  Service C S P -        
  Vacant C S P - Other
  Warehousing C S P - Other Assembly halls etc -
  X Multiple/other C S P - Educational -
    Health -
Utilities Civic - - Māori -
  Energy - - Passive -
  Generating - - Religious -
  Postboxes - - Sports -
  Railway networks - - Vacant -
  Telecommunications - -     X – Multiple/other -
 
KEY: QUALITY AND LOCATION
Quality:  Residential, Lifestyle & Commercial Location: Commercial and Industrial Quality: Rural
A Superior C Central Business District A Excellent economic
B Average to good S Suburban B Average to good economic
C Below average P Not C or S C Below average economic
  D Economic unimproved
  E Uneconomic with dwelling
        F Uneconomic without dwelling
Data Option Description
None No relationship between Buyer & Seller. Arms Length Transaction
Family Buyer & Seller related by marriage or close domestic association
Business Buyer & Seller associated by a business arrangement. Includes Intra-company transfers
Other None of the above
Not Specified No Data supplied
Data Option Description
Individual Buyer is a private individual
Partnership/Public/Private
 Buyers are two or more private individuals or parties
Companies Buyer is a public or private registered company
Co-operative
 Buyer is a co-operative association
Trust Buyer is a Trust
Government/Local Authority Buyer is the crown or local authority or special purpose authority
Other None of the above
Not Specified No Data supplied
Data Option Description
Market (Index) Bona fide open market sale that can be matched with a Roll value
Market (Non Index) As above but cannot be matched with a Roll value at present
Non Market (Non Index) Non bona fide sales. May include old sales, elements of gift, insignificant price not arms length, property sold or taken for public works, family sales etc
Not Assigned No Data supplied
Sale Age Codes Property Age Codes
Data Option Description Data Option Description
A Prior to 1880 191 Principal building built prior to 1914
B 1880 to 1889 192 Principal building built between 1914 and 1929
C 1890 to 1899 193 1930 - 1939
P Prior to 1920 - exact age unknown 194 1940 - 1949
0 1900 - 1909 195 1950 - 1959
1 1910 - 1919 196 1960 - 1969
2 1920 - 1929 197 1970 - 1979
3 1930 - 1939 198 1980 - 1989
4 1940 - 1949 199 1990 - 1999
5 1950 - 1959 200 2000 - 2009
6 1960 - 1969 201 2010 - 2019
7 1970 - 1979 202 2020 - 2029
8 1980 - 1989 203 2030 - 2039
9 1990 - 1999 204 2040 - 2049
T 2000 - 2009 205 2050 - 2059
U 2010 - 2019 206 2060 - 2069
V 2020 - 2029 207 2070 - 2079
W 2030 - 2039 XXX Principal building consists of mixed age portions or has been remodelled and the exterior appearance is no longer representative of a single decade