Property Valuation
Instruct a Market Valuation Report from a qualified RICS Surveyor with extensive local knowledge of your area.
Enquire NowWhat is a Market Valuation Report?
A concise report describing the property and providing a current Market Valuation based on recent sales of other similar properties in the area. When necessary, it can also include a valuation as at date in the past.
When Do You Need a Market Valuation Report?
Here are a few examples:
Taxation estimating a possible liability for Capital Gains Tax, Inheritance Tax or other taxes based on the value of the property.
Divorce establishing a financial settlement with a spouse or partner.
Executry the value of property owned by the deceased may be needed for Confirmation of the Estate or Inheritance Tax.
Purchase a valuation may help you decide on a purchase, although if you want advice on condition, you should obtain a survey instead.
Private Sale a valuation may help when considering an off-market sale. Note that a marketed sale normally needs a Home Report instead.
Financial Planning a catch-all term for lots of other circumstances.
When seeking a loan, your mortgage lender might obtain a Market Valuation. This is a report that tells them the value and suitability of the property for loan purposes. In most cases the lender will arrange this themselves.
How Detailed is the Report?
It’s important to note this is a limited inspection – not a survey. Only visible defects that have a material effect on the value will be reported. A Market Valuation Report won’t give you detailed information on the condition of the property.
If you require a more detailed inspection of the property, we recommend a Level 2 or Level 3 survey.