Whether you're buying, selling, or simply seeking clarity, our expert RICS-accredited surveyors provide a professional valuation to ensure you're making informed decisions.
Request a quote today or call us on and gain peace of mind with expert insights from trusted RICS-accredited surveyors.
What is the difference between a mortgage valuation and a property valuation report?
When it comes to a mortgage valuation, this is usually carried out by the lender, simply to determine if they can recoup the value of their loan, if need be.
You may have been advised that a mortgage valuation is enough reassurance when buying a new property.
However, you can obtain a property survey for your benefit. An Independent Property Valuation Report provides an expert opinion, giving you a professional valuation of the property, and helping to stop you from paying too much.
It's worth noting that a Property Valuation Report is the most basic property survey and will not pick up on any defects with the building.
Why book an Independent Property Valuation?
You might want to book an independent property to get expert advice and a better understanding of exactly how much a property is worth before you either purchase it, put it up for sale or give up any equity in the property.
- It can help you negotiate a better property price where a lower valuation is given.
- It can ensure that you market the property for the appropriate amount in current market conditions
- It can be used to provide an independent valuation to 3rd parties such as a court, Help to Buy agencies or Housing associations.
Surveyor Local's national panel of surveyors are fully qualified and highly experienced RICS-accredited surveyors.
In either case, get in touch and get a property valuation quote from us today.
Using a RICS Surveyor for your valuation report
It's important to use someone you can trust. Our surveyors aim to empower you as a purchaser by providing you with greater knowledge about your prospective property.
At Surveyor Local, we only work with RICS-qualified, local surveyors, who are experienced in valuing property and are ready to take on new valuation reports.
You can either order an Independent Property Valuation on its own or you can add one to a RICS Level 3 Survey Report. If you order a Home Buyer Survey, a valuation is included.
Commonly asked questions on Independent Property Valuation Reports
How much does a property valuation report cost?
A property valuation report usually costs £381 on average. While a valuation report provides an overview of the property's condition, it does not include a detailed structural inspection like a building survey.
Learn more about property valuations and RICS surveys costs in our house survey costs guide.
Source: Data based on the average cost of services offered by Surveyor Local between 2024 to 2025
How long does a property valuation take?
Based on a range of variables like size, cost and condition, the time taken to conduct a property valuation can differ. Generally, an independent valuation report should be expected to take around one or two hours.
RICS guidelines allow the surveyor 5 to 7 working days to draw up the report after the physical assessment has been conducted.
Who can do a property valuation?
A property valuation is conducted by a RICS qualified surveyor and RICS recommend obtaining a surveyor that is familiar to the area and has local knowledge in order to provide the best comparable data for your valuation.
We are proud to have a network of expert local surveyors across the UK, with specialities in providing current market valuations. Thanks to our UK wide coverage, we can provide specialised insight into the value of properties of any type.
Find out now whether we currently have a local expert in your area.
What factors can influence the valuation of a property?
There are a whole range of factors which can play a part in the results of a valuation report. Our surveyors take into account a property's location, size, condition, age and of course comparable sales in the area, market trends and the state of the economy.
Can you use a property valuation report in negotiations?
Yes, the information learnt from your property valuation report allows you the perfect opportunity to negotiate the price of a property. It can be used to the advantage of both buyers and sellers to justify their asking price.
Can you use this valuation for the redemption of Help to Buy?
Yes, you can use Surveyor Local's RICS property valuation for the redemption of your Help to Buy loan.
There are a few conditions that the Help to Buy expect from our RICS surveyors, which are:
- Holds both qualifications and registration with the Royal Institution of Chartered Surveyors (RICS)
- Has no affiliation with any estate agency
- Has no personal connection or relationship to you
- Conducts an internal inspection of the property
- Includes at least three comparable properties with their sale prices in the report
Can you use this valuation for a court order?
Yes, courts will accept a RICS property valuation report as evidence during legal proceedings. This documentation can provide important information to help judges make fair decisions about asset division, particularly in cases involving divorce settlements or property related disagreements.
Get in touch for your property valuation report
If you have any further questions regarding the property valuation report, please feel free to fill the form below or call us on .
Why not also check out our survey glossary to get a better understanding of how surveying a property works and find out even more about us.
Take a look at our reviews and join thousands of satisfied customers in having your property surveyed by us at Surveyor Local.
Our other independent surveys
Whilst Property Valuation Reports are ideal for determining a property's market value, we also work with a range of independent surveyors who specialise in other areas of the RICS Survey levels, such as RICS Level 2 and RICS Level 3 surveys.
RICS Level 2 Survey
The aim of an RICS Level 2 Survey is to bring to light any defects in the property so that a potential buyer can make an informed decision about the purchase. This type of report includes a property valuation.
RICS Level 3 Survey
A more in-depth survey of a home, including all accessible areas of the property. RICS do recommend the RICS Level 3 Survey Report for older properties or those properties of non-standard construction. RICS Level 3 Surveys are tailored by the individual surveyor and can address any additional questions or concerns from the potential buyer.
