RICS Red Book Valuations · London & the Home Counties

Property valuations that stand up.

A defensible opinion of Market Value, in plain English — built to satisfy HMRC, a court, Homes England, a housing association, a leaseholder, freeholder or another party.

Regulated by RICSRICS Registered ValuersEstablished 2013

Richard Stacey MRICS, Director and RICS Registered Valuer

“A valuation is really an argument about value. We exist to make that argument so clearly, and evidence it so well, that the figure holds — whoever is reading it and whatever is riding on it.”

Start here

What is a Red Book valuation — and why does it matter who provides it?

A Red Book valuation is a formal opinion of Market Value prepared by an RICS Registered Valuer to the RICS Valuation – Global Standards. Unlike an estate agent’s market appraisal — which is a free guide to asking price, often with a sale to win — a Red Book report is an independent, regulated opinion with the reasoning and evidence set out in writing. That is exactly why HMRC, the courts, Homes England, housing associations and freeholders accept it, and an agent’s estimate often won’t do. When a figure has to survive scrutiny, the reasoning behind it matters as much as the number itself.

Choose by purpose

Which valuation do you need?

Most people arrive needing a figure for a specific reason — a tax return, a court, a housing scheme or a sale. Find your situation below, read the detail on its page, and see a real sample report before you commit.

Tax & HMRC

Accepted by HMRC · backed by evidence

Inheritance Tax & Probate

Open market value at the date of death under s.160 IHTA 1984 — reflecting true condition, tenancies and shares, so the estate pays what’s right and no more.

From £500 + VAT

Capital Gains Tax

Market Value for a CGT assessment under s.272 TCGA 1992 — for gifts, disposals, April 2015 valuations, pre-1982 holdings and non-resident owners, for individuals, companies and LLPs.

From £550 + VAT

Mansion Tax (HVCTS)

An independent April-2026 valuation for the proposed High Value Council Tax Surcharge — evidence to check, and challenge, the VOA’s desktop figure if it’s wrong.

From £850 + VAT

ATED (Annual Tax on Enveloped Dwellings)

Valuations for companies and other ‘non-natural persons’ holding UK residential property, to place each dwelling in the correct ATED band, support your annual return and check whether a relief or revaluation could reduce the charge.

Fixed quote on request

Homeownership schemes

Compliant with Homes England & Housing Associations

Help to Buy

A Red Book Market Value report for selling or staircasing on a Help to Buy equity loan — built to be accepted first time by the scheme administrator (currently Lenvi).

From £400 + VAT

Shared Ownership

Independent staircasing and resale valuations that meet Housing Association requirements — so you buy more of your home, or sell it, on a figure that’s properly evidenced.

Fixed quote on request

Separation, disputes & court

Independent · CPR Part 35 / FPR Part 25

Divorce & matrimonial

An impartial Market Value for dividing property on separation — instructed jointly, solely or through solicitors, with none of the sentiment one party may attach to a home.

From £600 + VAT

Expert witness & court reports

Current-day valuations for litigation and the financial separation of marriages and other partnerships — compliant with Part 35 of the CPR, or Part 25 of the FPR. Retrospective valuations undertaken where genuinely needed.

From £900 + VAT

Specialist & portfolio

Charities, landlords & complex assets

Charities Act reports

Valuations meeting s.117–119 of the Charities Act 2011, so trustees take advice from a qualified surveyor when buying, selling or managing charity property.

Fixed quote on request

Portfolio valuations

Whole-portfolio Market Value with optional commentary for landlords — what to retain or sell, where to add value, and how to hold assets tax-efficiently.

Fixed quote on request

Loft & roof-space valuations

Valuations of airspace and loft/roof space — useful where a freeholder is selling, or a leaseholder buying, the right to develop above.

From £850 + VAT

Compulsory Purchase

Valuation and compensation advice for homeowners and landowners affected by a CPO — from a team that co-authored the RICS guide to compulsory purchase.

Acquiring authority pays

Not sure which applies? Tell us the reason you need a figure and we’ll point you to the right report — no guesswork.

How it works

From first call to finished report.

The same clear path whatever the purpose — so you always know what happens next.

1

Request a quote

Tell us about the property and why you need a valuation. We come back quickly with a clear, fixed price.

2

Inspection

An RICS Registered Valuer inspects the property, so the figure rests on what’s really there — not an assumption.

3

Your report

A Red Book valuation that explains exactly how we reached the figure — normally within about a week.

4

Standing behind it

If HMRC, Homes England, a court, a housing association, a leaseholder, a freeholder or another party queries the figure, the evidence is there to support it.

Why Websters

Why our valuations are a step above.

When a figure has to stand up to HMRC, a court or a freeholder’s surveyor, the reasoning behind it matters as much as the number.

Figures that withstand scrutiny

Our opinion of Market Value is justified in writing and backed by comparable evidence — built to stand up to HMRC, the courts and tribunals.

Registered Valuers, not an agent’s estimate

An independent, RICS-regulated opinion from a Registered Valuer — not a sales appraisal with an incentive attached.

Expert-witness credibility

Our Directors have sat on an RICS expert working group, written RICS guidance and given evidence at Tribunals, Public Inquiries and Court.

Plain-English reporting

Every figure is explained. A report you don’t understand isn’t much use to you — so we set out the reasoning, clearly.

Local market knowledge

Detailed knowledge across London and the Home Counties, so comparables are chosen with judgement, not just pulled from a database.

Modest volumes, real attention

We keep workloads deliberately measured, so every instruction gets the care a defensible valuation needs.

See the standard for yourself

Don’t take our word for it — read a report.

Download a full sample and see how we evidence a figure clearly enough to satisfy HMRC, a court or a scheme administrator.

Inheritance Tax

Probate valuation

See how we evidence Market Value at the date of death clearly enough to stand up to HMRC scrutiny.

Download sample (PDF)

Matrimonial · Court compliant

Expert witness report

An FPR Part 25-compliant matrimonial valuation, set out for an officer of the court.

Download sample (PDF)

Help to Buy

Scheme valuation

A Red Book Market Value report built to be accepted first time by the scheme administrator.

Download sample (PDF)

Good to know

Valuations: frequently asked questions

What is a Red Book valuation?

It is a formal opinion of Market Value prepared by an RICS Registered Valuer to the RICS Valuation – Global Standards (the “Red Book”). The standard sets out a quality-assured process for consistency, objectivity and transparency — which is why Red Book reports are accepted by HMRC, the courts, Homes England, housing associations and freeholders.

Why can’t I just use an estate agent’s valuation?

An estate agent typically provides a market appraisal — a free guide to asking price, often given in the hope of winning the sale. It carries little weight with HMRC, a court or a scheme administrator, and can be challenged. A Red Book valuation by an RICS Registered Valuer is an independent, regulated opinion with the reasoning and evidence set out in writing.

How much does a property valuation cost?

It depends on the type of report and the property. As a guide, our Help to Buy valuations start from £400 + VAT, inheritance tax (probate) valuations from £500 + VAT, capital gains tax from £550 + VAT, divorce and matrimonial from £600 + VAT, and mansion tax from £850 + VAT. Other reports are quoted individually. We always give a clear, fixed price before you instruct us.

How quickly will I get my report?

We are normally able to provide your report within about a week of inspection, and can often work to tighter deadlines where a deadline is pressing. We’ll confirm timing when you instruct us.

Which valuation report do I need?

It’s decided by the purpose — the reason you need a figure. Tax matters call for an IHT, CGT, mansion tax or ATED valuation; homeownership schemes for Help to Buy or shared ownership; separation and litigation for matrimonial or expert-witness reports. Tell us why you need the figure and we’ll point you to the right report.

Are your valuations accepted by HMRC, the courts and Homes England?

Yes. Our reports are prepared to the RICS Red Book by RICS Registered Valuers, and where relevant comply with Part 35 of the CPR — or Part 25 of the FPR for family proceedings — and with scheme requirements for Help to Buy and shared ownership. They are prepared to be accepted first time.

Which areas do you cover?

We cover nearly all of London — north, south, east and west — along with Hertfordshire, Essex, Surrey, Buckinghamshire and Berkshire, from offices in Finchley, Finsbury Park, Islington, Vauxhall, Croydon and Brentwood.

Get started

Tell us why you need a figure.

Share a few details and we’ll come back with a clear, fixed quote — and point you to the right report, so you’re paying for the scope you actually need.

Request a quote

Prefer to talk? Call 020 8017 1943.