What is a RICS Valuation?
A RICS Valuation is carried out by one of our qualified RICS valuation surveyors and provides an accurate and impartial assessment of a property’s market value. It is suitable for Help to Buy, Shared Ownership, Probate, Capital Gains Tax, Private Sale and Matrimonial Valuations, including Single Joint Expert instructions. Our surveyors combine professional expertise with strong local market knowledge to deliver clear and reliable reports.
When Is a RICS Valuation Required?
Help to Buy Valuations
A RICS valuation is required when repaying your equity loan in full or in part. It provides an independent market value accepted by Homes England.
Shared Ownership Valuations
You need a RICS valuation when staircasing or selling your share. The report gives an impartial figure recognised by housing associations.
Probate & Capital Gains Tax
For Probate or Capital Gains Tax, a RICS valuation provides a compliant and reliable assessment of market value for legal and tax purposes.
Matrimonial & SJE Cases
In divorce or legal disputes, a RICS valuation offers an independent figure accepted by solicitors and the courts, including Single Joint Expert instructions.
What’s Included in a RICS Valuation Report
Our RICS Valuation report provides a clear and independent assessment of your property’s market value. Below is a summary of the key elements included in the valuation and how each part of the report is structured.
Opening Section
This section confirms the scope and purpose of the valuation and outlines the client’s instructions. It ensures all parties are clear on what the report will cover and the basis of the valuation.
Property Details
The report outlines key information about the property, including its age, construction type, layout and location. These characteristics help explain the factors influencing its market value.
Market Commentary
A short overview of local market activity is included, highlighting trends or conditions that may affect the property’s value. This provides useful context for the final opinion.
Valuation Assumptions
The report sets out the assumptions and special assumptions relied upon in the valuation. These include matters such as tenure, services and legal considerations that influence the final opinion of value.
Comparable Evidence
Recent sales of similar properties are reviewed and analysed to support the valuation. This offers an objective benchmark based on real market activity.
Valuation Conclusion
This section explains how the final figure has been reached, drawing together the property details, market context and comparable evidence to provide a clear and reasoned opinion of value.
Understanding "Market Value"
A RICS Valuation is based on the recognised definition of Market Value, which sets out the assumptions used to determine a fair and impartial assessment of a property’s worth under normal market conditions.
Willing Buyer and Willing Seller
Market Value assumes a transaction between a willing buyer and a willing seller, both acting knowledgeably and without pressure. This reflects a fair and open market scenario.
Proper Marketing Period
The value is based on the assumption that the property has been properly exposed to the market for a reasonable period of time. This ensures the figure reflects normal market conditions.
Normal Market Conditions
The valuation assumes that both parties act responsibly, without special incentives or unusual circumstances. It reflects a typical sale where no party is under compulsion to act.
View a Sample of Our RICS valuation Reports
RICS valuation Sample Report
View a Sample of Our RICS Valuation Report
How to Get a RICS Valuation - Step 1
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Get a QuoteOur prices For a RICS Valuation
Matrimonial / Single Joint Expert
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Includes VAT
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Prices are estimates
The prices listed above are for guidance only and can vary significantly. We assess each property individually and provide a tailored quote based on its specific requirements, complexity, and other relevant factors.
Frequently Asked Questions
A RICS valuation is an independent assessment of a property’s market value, carried out by a qualified RICS surveyor in line with the RICS Valuation – Global Standards (Red Book).
You are usually asked for a RICS valuation for Help to Buy redemptions, Shared Ownership staircasing or resale, Probate, Capital Gains Tax, Private Sale and Matrimonial matters, including Single Joint Expert instructions.
An estate agent’s figure is a marketing opinion and may be influenced by the desire to win instructions. A RICS valuation follows formal standards, relies on comparable evidence and is designed to be impartial and defensible.
Most lenders, housing associations and solicitors treat a valuation as valid for around three months, although this can vary. If the transaction is delayed, an update or revaluation may be required.
The surveyor visits the property, takes measurements, notes its general condition and records key features that affect value. The inspection is non intrusive and is usually shorter than a full building survey.
No. As long as access has been arranged, you do not need to attend. If you have particular points you want the surveyor to be aware of, these can be discussed before or after the visit.
How do you decide on the final valuation figure?
Yes, provided the report has been instructed on the correct basis. We regularly prepare reports for Probate, tax and matrimonial cases, including Single Joint Expert valuations where required by the court.
How quickly will I receive my valuation report?
No. A RICS valuation focuses on market value rather than detailed condition or repair advice. If you need a fuller assessment of defects, a RICS Home Survey (Level 2 or Level 3) would be more suitable.
If you feel something has been overlooked, you can raise this with us and provide any additional evidence you have. The surveyor will review the information and confirm whether the valuation can be amended or should remain unchanged.
Why Choose Us
Local
Expert surveyors with superb local knowledge.
Prompt
Efficient service and prompt report delivery.
Quality
Outstanding, consistently 5-star rated service.
Affordable
Top-quality, affordable pricing for assessments.
