Jamie Middleditch - 07904 753927 | Richard Carrington - 07704 902002 office@hectorshousesurveys.co.uk

Valuations

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An RICS Red Book valuation is considered the ‘Gold Standard’ and is a formal and evidence-based valuation.

A Red Book valuation can be provided alongside both Level 2 and Level 3 surveys and provides reassurance that the agreed purchase price is reflective of the property condition and present market conditions.

Stand-alone Red Book valuations of residential property can also be provided for:

  • Probate & Inheritance Tax calculations
  • Capital Gains Tax calculation
  • Legal proceedings
  • Divorce
  • Property Disputes
  • Company Accounting
  • Shared Ownership
  • Right To Buy
  • Private sales to family and friends

The price of a valuation will be dependent on the size, age, condition and complexity of the property. Please contact us for a quotation.

The Valuation Process

As RICS Registered Valuers, we deliver high-quality valuations in line with Red Book standards.

The valuation involves inspecting the property for features and defects, measuring, and analysing recent comparable sales to determine value.

If needed, a reinstatement cost estimate for insurance can be included. This figure reflects current rebuilding costs and may differ from the market valuation.

It is important to note that a valuation report is not a condition survey and should not be used to decide on purchasing a property.

If you have any questions, require a FREE quote, or would appreciate a helpful conversation

Regulated by RICS
RICS
Residential Properties Surveyors Association
The Property Ombudsman