HMSA Property Services

RICS Red Book Valuations in London

HMSA Property Services provides independent RICS Red Book valuation advice for residential property across London and the surrounding areas.

We undertake formal valuations for a range of purposes, including probate and Inheritance Tax, Capital Gains Tax, matrimonial matters, Charities Act requirements and other private or statutory valuation purposes.

Valuations are prepared by Edward Ellis, an RICS-qualified surveyor and Registered Valuer, and are reported in accordance with the RICS Valuation – Global Standards (Red Book) and applicable UK requirements. The current Red Book edition has been effective since 31 January 2025.

Our advice is based on inspection of the property, analysis of relevant market evidence and the valuation assumptions appropriate to the purpose and valuation date.

What should I consider when choosing a property valuer?

For a formal residential valuation, the key considerations are the valuer’s professional status, experience, local market knowledge and understanding of the purpose for which the valuation is required.

  • RICS Registered Valuer: For a Red Book valuation, the report should be prepared by an appropriately qualified valuer working within the RICS valuation standards applicable to the instruction.

  • Relevant Experience: The valuer should have suitable experience of the property type, location and purpose of the valuation, particularly where the instruction involves retrospective evidence, leasehold interests or a specialist statutory requirement.

  • Market Evidence: A professional valuation should be supported by appropriate comparable evidence and reasoned analysis rather than simply relying on asking prices or automated estimates.

  • Correct Valuation Basis and Date: The purpose of the valuation determines the appropriate basis, assumptions and valuation date. This is particularly important for probate, tax and retrospective valuations.

  • Clear Reporting: The report should explain the valuation conclusion, key assumptions and any material limitations in a way that can be understood by the client and, where relevant, their solicitor, accountant or other professional adviser.

Our Core Valuation Services:

  • We provide residential valuation advice for a range of private, tax and statutory purposes, including:

    • Probate and Inheritance Tax Valuations: Market valuations for estate administration and Inheritance Tax purposes, including valuations as at the date of death.

    • Capital Gains Tax Valuations: Current and retrospective valuations where a property value is required for Capital Gains Tax purposes, including historic valuation dates where appropriate.

    • Matrimonial Valuations: Independent residential valuations for matrimonial and separation matters, including jointly instructed valuations where required. Where a valuation is required for court proceedings, the precise scope and reporting requirements should be agreed at the outset.

    • Charities Act Valuations: Valuation advice in connection with residential property transactions involving charities, prepared with regard to the applicable statutory requirements and the specific nature of the proposed transaction.

    • Other Red Book Valuations: We can also advise where a formal independent valuation is required for private, legal, accounting or other professional purposes.

Clear, Professional Advice

Our valuation reports are prepared in accordance with the scope and purpose of the instruction and supported by relevant market evidence.

Where appropriate, the report will explain:

  • the basis and purpose of the valuation;

  • the valuation date;

  • the principal assumptions adopted;

  • the market evidence considered;

  • any material factors affecting value; and

  • the concluded market value.

Where the valuation is being obtained for probate, tax, matrimonial or other professional purposes, we can also liaise with your solicitor, accountant or other adviser where required.

Geographic Areas Covered

We undertake residential Red Book valuations across London and the surrounding Home Counties, with particular experience in North West, North and West London.

Regular areas of instruction include Hampstead, West Hampstead, Golders Green, Finchley, Hendon, Mill Hill, St John’s Wood, Maida Vale, Kilburn and surrounding areas, together with selected instructions across Hertfordshire and wider London.

For properties outside these areas, please contact us with the property address and purpose of the valuation and we can confirm whether we are able to assist.

Instruct a Valuation

If you would like to discuss a Red Book valuation, please contact us with:

  • the property address;

  • the purpose of the valuation;

  • the relevant valuation date, if different from today;

  • details of any particular legal, tax or reporting requirements; and

  • any relevant documents already available.

We can then confirm the scope of work, fee and likely timescale.

You can contact Edward directly by telephone or email.

Please feel free to call us to discuss your needs on

+44 7346 812467 / 0207 724 9434

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