Auckland's new rating valuations are likely to have increased by an average of 33% since 2011

Auckland Council's property revaluations are likely to have shown a 33% average increase when they are mailed out to property owners in mid-November.

"At this stage we are looking at an upward movement for the Auckland Region of an average 33% since the last revaluation in 2011, which is broadly in line with expectations.," Auckland Council Registered Valuer Peter McKay said.

However that does not mean rates bills will be increasing by an average 33%.

Council valuations are not used to determine how much money the Council collects in rates each year, but how the amount needed is divided among individual property owners.

However it does mean properties that have increased in value more than the average, will end up having their rates increased by proportionally more than properties where values have risen by less than the average.

McKay said the biggest increases in valuations had tended to be in the inner Auckland suburbs, with lower increases in outer suburban and rural areas.

See map below for average valuation increases by local board areas: