Valuation

Valuation is inherent to everything we do. From Rating appeals to s.18 defence on dilapidations, everything involves some element of valuation. Indeed, Chartered Surveyors in General Practice are often referred to as “Valuers”.

However, when a client requires a “valuation”, they generally mean something more specific – such as:

• Valuation for acquisition/disposal
• Valuation for insurance reinstatement.
• Valuation for accounts purposes

The short list above demonstrates the different nature of valuation required. Whilst an insurance valuation will be based on the cost of replacement, which in certain circumstances could be far more than its current value, the other valuations will usually be based on “Market Value”.

Inherent in our services are valuations for Rating, Landlord and Tenant and Dilapidations. We also carry out acquisition and disposal reports which often have a valuation element. However, we do not offer Red Book valuations.