• AA
  • ADI
  • ADT Security
  • Alexon Brands
  • Allied Domecq
  • Allied Dunbar
  • Allied Irish Bank
  • Allied London
  • Amec Developments
  • Anglo Irish Bank
  • Anglian Home Improvements
  • Anglo Lamron
  • ASC Finance
  • ASK Restaurants
  • Assura
  • Atlas Copco
  • Atomic Energy Authority
  • Avery Dennison
  • Aviva
  • Aylesbury Vale Council
  • Baker Tilly
  • Bank of Ireland
  • Bank of Wales
  • Barclays
  • Barnardos
  • Barratt Homes
  • Bass Taverns
  • Birmingham Midshire
  • BKR Haines Watts
  • Blackrock
  • Blockbuster Video
  • BMI Healthcare
  • Boots
  • Bourne End Properties
  • BP
  • Bride Hall
  • Britannic Assurance
  • British Airways
  • British Land
  • British Alcan Aluminium
  • British Refugee Council
  • British Telecom
  • Budgens
  • Building Research Establishment
  • Bunzl
  • Burford Properties
  • Cadbury Schweppes
  • Calor Gas
  • Calvin Klein
  • Canon
  • Carlton Club
  • CGU
  • Charles Church
  • Chartwell Industries
  • Chartwell Land
  • Cheltenham & Gloucester
  • Chesham Building Society
  • Chiltern District Council
  • Chubb Fire Equipment
  • Citibank
  • City Link
  • Cleanaway
  • Close Bros
  • Clydesdale Bank
  • Coca Cola
  • Comet Group
  • Compaq
  • Compco
  • Comtel
  • Co-operative Bank
  • Co-operative Insurance Services
  • Crown Estate
  • County and Metropolitan Group
  • Coutts
  • Cyprus Airways
  • Dacorum Borough Council
  • Daewoo
  • Danone Group
  • Department of Transport
  • Development Securities
  • Diversey Lever
  • Dollond & Aitchison
  • Dominos Pizza
  • Du Pont
  • Ernst & Julio Gallo
  • Ernst and Young
  • Excel Securities
  • Family Mosaic Housing Association
  • Filofax
  • Ford
  • Fortis Bank
  • Freshwater
  • Fritz Hansen
  • Frontier Estates
  • Gamestec Leisure
  • G E Capital
  • General Accident
  • Glaxo SmithKline
  • Godfrey Davis
  • Golden West Foods
  • Goodyear Tyres
  • GPI
  • Grant Thornton
  • Great Portland Estates
  • Greene King
  • Guinness Trust
  • Hammerson
  • Handelsbanken
  • Harvey Nash
  • HBOS
  • Homes and Communities Agency
  • Hasselblad
  • Helical Bar
  • Hertsmere Borough Council
  • Hilton International
  • HSBC
  • Hunting Gate
  • Hyperion Properties
  • Hyundai
  • Iceland Foods
  • Interflora
  • ING Real Estate
  • Investec
  • Isuzu Motors
  • Jarvis
  • J Sainsbury
  • John Laing
  • John Lewis
  • John Menzies
  • John Mowlem
  • Kall Kwik
  • Karl Zeiss
  • Kentucky Fried Chicken
  • Kone Lifts
  • Korean Airlines
  • KPMG
  • Ladbrokes
  • Land Securities Trillium
  • La Salle Investments
  • Laura Ashley
  • Legal and General
  • Letchworth Garden City Heritage Foundation
  • Lex
  • Lloyds TSB
  • Mackays
  • Malayan Bank
  • Marstons
  • Mazars
  • MedicX
  • MEPC
  • Merchant Navy Pension Trust
  • Microgen
  • Milton Keynes Council
  • Mister Minit
  • M J Gleeson Group
  • Morgan Stanley
  • Muraspec Wallpapers
  • National Health Service
  • National Trust
  • Nationwide Building Society
  • NatWest
  • Nestlé
  • Network Rail
  • Northamptonshire Healthcare NHS Trust
  • North Hertfordshire District Council
  • Northants County Council
  • Norwich & Peterborough Building Society
  • Norwich Union
  • Oxford City Council
  • Oxford Instruments
  • Parcel Force
  • Peabody Housing Association
  • PHIP
  • PMPI
  • Price Waterhouse Coopers
  • Provident Mutual
  • Punjab Bank
  • Quintain Estates & Development
  • Rank Hovis McDougall
  • Rank Organisation
  • Reed Elsevier
  • Regus
  • Reliance Mutual Insurance Society
  • Rowlandson Organisation
  • Royal Bank of Scotland
  • Royal Jordanian Airlines
  • Royal Life
  • Royal London Asset Management
  • Royal Mail Group
  • Safeway
  • Sanderson
  • Santander
  • SECOM
  • Securicor
  • Select Appointments
  • Scottish Equitable
  • Shell
  • Skipton Building Society
  • Slough Estates
  • Southern Electricity
  • Speciality Shops
  • Springboard Housing Association
  • St Albans District Council
  • Standard Life
  • Stannifer Developments
  • Suits You
  • Sun Banking Corporation
  • Surrey County Cricket Club
  • Tarmac Properties
  • Telereal Trillium
  • Tesco
  • Texaco
  • The Football Association
  • The Market Research Society
  • The Planning Inspectorate
  • Thomas Cook
  • Threadneedle
  • TM Retail
  • Total UK
  • Touche Ross Consulting
  • Unigate
  • United Trust Bank
  • Unity Investment
  • Universities Superannuation Scheme
  • Velux Windows
  • W H Smith
  • Wincanton Logistics
  • Wycombe District Council
  • Xerox
  • Yale Eddison
  • Yorkshire Bank
  • YWCA
  • Zenith Windows
  • Zurich Life

Property Valuation - FAQs


Michael Hodge
Michael Hodge
Director - Head of Division
0845 478 8848

Please Click a Question to scroll down to the answers below

Q. I intend to sell my property and I want to know what it is worth. Will I have to pay for a valuation?
Q. I have been told that I need to get a formal valuation report carried out in accordance with the Red Book. What is the Red Book?
Q. Why is the insurance value of the property not the same as the open market value?


Q. I intend to sell my property and I want to know what it is worth. Will I have to pay for a valuation?

A. If you are intending to market your property, Aitchison Raffety will be delighted to meet with you and prepare marketing advice including a valuation without obligation. It is only when you require a formal written report that the usual valuation scale fees are payable.

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Q. I have been told that I need to get a formal valuation report carried out in accordance with the Red Book. What is the Red Book?

A. The RICS Appraisal and Valuation Manual sets certain minimum requirements so as to ensure a high standard of valuation and reporting. The Manual contains mandatory practice statements and guidance notes, principally concerned with the mechanics of practice including the assembly, interpretation and reporting of information relevant to the task of valuation.

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Q. Why is the insurance value of the property not the same as the open market value?

A. The valuation of a property will differ depending upon the purpose of the valuation. The insurance value will reflect the cost of re-building the premises including site clearance and professional fees etc. whereas the Open Market Value is an opinion of the best price at which the property would sell in the open market on certain assumptions.

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