REDBOOK – VALUATION

REDBOOK – VALUATION

A home valuation is an inspection, which is designed to determine the value of a property. During an RICS property valuation, a surveyor will complete a tour of the house or flat, making observations and taking notes. A surveyor will consider a number of factors, including:

• The general condition of the property
• House prices in the area and recent sale prices
• The size of the property
• Property features
• Location and access to amenities

Expert surveyors use their knowledge and experience to provide a valuation based on the factors listed above and comparisons between the property and others in the area. A surveyor will provide you with a figure and explain how they came to it. An RICS valuation is based on research, observations and evidence.

This is an independent valuation of your property and is suitable for probate purposes.