Capital Gain Calculation on house

[JosieW]

I bought my flat in 2000 and moved out at the end of 2004 and started renting it out. I want to sell it and understand i will have to pay CGT on the increase in value since I moved out but how do I find a valuation that will satisfy the tax authorities for the time I moved out. Its unusual as its the only one bedroom flat in a big block so there wont be any reasonably equivalent flats sold at that time.

Thanks for any help!

[Peter D]

You need to know the value when purchased it and when you sell it. The dates you lived there and when it was let. This is sued to apportion the gain and allow for PPR and Letting Relief. Regards Peter