Auckland property prices: Homeowners to get 'bombshell' valuations: new date out 18 May, 2021 05:00 PM 5 minutes to read House sells for double its valuation with 24 offers. Made with funding from NZ On Air. House sells for double its valuation with 24 offers. Made with funding from NZ On Air. NZ Herald Auckland homeowners can expect a "bombshell" rise in their council valuations when city-wide revaluations are released later this year, a property lawyer says. City house prices have soared 35 per cent since the last valuations in 2017, with Auckland Council revealing it now expects to issue new valuations – officially known as capital values or CVs – this October.