Professional Valuation V. Market Appraisal. Which do you need?
23 November 2023
Professional Valuation V. Market Appraisal. Which do you need?
A Market Appraisal is an estimate
of value of a property provided by an Estate Agent based on their knowledge of
the local area, their experience of market conditions and recent sales. They have
no legal standing and are not definitive.
Professional Valuations can
be relied on by Solicitors, HMRC, mortgage companies, financial institutions, Courts
and private individuals. They are carried out by accredited Valuers who undertake
thorough research into all the potential factors affecting value to ensure that
they are reflected in the final figure. Any business or person that owns,
develops or occupies a property relies on a Professional Valuer’s expertise in
order to make informed decisions.
Henry Adams has a number of
RICS Registered Valuers, who are qualified Chartered Surveyors and regulated by
the RICS. They can undertake Professional “Red Book” Valuations across West
Sussex, in Hampshire and Surrey. We work closely with our Agency and Lettings branches to provide unrivalled local advice.
Please do not hesitate to
get in touch on 01243 215840 should you wish to discuss any aspect of the above
or if you would like us to provide a fee quote for a Professional Valuation.