Professional RICS Valuations for Residential Properties

RICS Valuations

“Delivering accurate, reliable RICS Valuations you can trust for property purchasing, sales, Help to Buy, shared ownership and probate.”

RICS Valuations:

RICS Valuations provide an independent, professional assessment of your property's value, carried out by qualified surveyors in line with the rigorous RICS Valuation - Global Standards (Red Book). Whether for probate, taxation, Help to Buy, or shared ownership, they ensure accuracy, compliance, and peace of mind.

Navah Consulting is happy to provide valuation advice and reporting for a wide range of purposes including:

  • Probate

  • Taxation

  • Accounting purposes

  • Help to Buy loan redemption (Target HCA)

  • Shared ownership staircasing.

RICS Global Standards:

RICS Valuation - Global Standards

An RICS Valuation refers to a valuation conducted by a qualified surveyor with Registered Valuer status.

An RICS valuation is mapped against the ‘RICS Valuation - Global Standards’, also known as the ‘Red Book’.

The Red Book:

  • incorporates International Valuation Standards

  • Is recognised globally as one of the most rigorous sets of standards for valuation

  • Details mandatory practices for RICS members undertaking valuation services.

An RICS Valuation provides numerous benefits for multiple purposes, such as:

  • Objectivity and impartiality

  • Trust and credibility

  • Risk mitigation

  • Compliance and regulation

  • Negotiation

  • Dispute resolution.

Navah Consulting offers residential RICS valuations either as a standalone service or as an addition to RICS Home Survey Level 2 or RICS Home Survey Level 3 reports.

Frequently Asked Questions

  • An RICS Valuation is a professional assessment of a property's market value conducted by an RICS Registered Valuer. It is based on the current market conditions, property condition, and comparable sales prices.

  • The International Valuation Standards Council (IVSC) defines ‘market value’ as:

    ‘The estimated amount for which an asset or liability should exchange on the valuation date between a willing buyer and a willing seller in an arm’s length transaction, after proper marketing and where the parties had each acted knowledgeably, prudently and without compulsion.’

    (RICS Valuation – Global Standards)

  • You may need an RICS Valuation for:

    • Buying or selling a property.

    • Tax planning (e.g., inheritance tax or capital gains tax).

    • Divorce or separation settlements.

    • Shared ownership or Help to Buy schemes.

  • An RICS Valuation is conducted by a qualified surveyor (assocRICS, MRICS or FRICS) with additional Registered Valuer Status.

    The valuation process is completed in line with strict professional standards, ensuring accuracy and reliability.

    Estate agent valuations, while useful, are often market-driven and less detailed.

  • The Royal Institution of Chartered Surveyors (RICS) is the leading governing body for property professionals across the world. 

    Navah Consulting as a firm is regulated by the RICS. For more information please see the link as follows: 

    Regulated by RICS

  • A valuation provides a market value, whereas a survey offers a detailed assessment of the property’s condition.

    If you’re concerned about condition-related elements, a survey such as the RICS Home Survey Level 2 (HomeBuyer Report) or Home Survey Level 3 (Building Survey) would be more suited.

    Note, we are happy to complete surveys with additional valuations as required.

  • A Help to Buy valuation is an RICS Valuation specifically required by Homes England to determine the market value of your property if you plan to sell or repay your Help to Buy equity loan. It must comply with specific guidelines.

  • If you would like to enquire about booking a valuation please fill out the contact form below. Alternatively please call the main office number and we'd be happy to discuss your requirements.

  • An RICS Valuation typically takes 1 hour to review the property and a similar amount of time researching and compiling the report.

    Note, that timescales can differ depending on the size and complexity of the property, along with the market data available.

  • Navah Consulting aims to provide all services in a straightforward, efficient and client-focused manner. We understand the importance of providing reports and services in a concise, jargon-free format, in a quick time frame. See what our clients are saying about us and our work.

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