Probate valuations in London
Respectful, evidence-based date-of-death valuations for inheritance tax reporting and estate administration, by a RICS Registered Valuer.
Probate valuation
from £650
Full fee, including all taxes and fees, for properties valued up to £500,000. Confirmed in writing before you instruct.
- Valuer
- Joe Weaver, RICS Registered Valuer
- Report
- Typically within 5 working days of the inspection
When you need one
Inheritance tax reporting
Personal representatives need an appropriate open-market value for the property at the date of death when reporting the estate. A professional valuation provides the supporting evidence.
Estate administration
Executors need a reliable figure to distribute the estate fairly between beneficiaries and to settle debts and liabilities.
Probate some time after the death
We value at a historical date of death using comparable evidence from that period, which is common when an estate is administered later.
What the report covers
- An inspection of the property, with photographs and measurements
- Market value at the date of death, prepared to RICS Valuation – Global Standards (the Red Book)
- Comparable evidence and the reasoning behind the figure
- The assumptions, the valuation date and the purpose stated clearly
- A report suitable for estate and inheritance tax reporting
How it works
Quote and terms
Tell us the address, the date of death and who is instructing. We confirm the fee, the inspection date and the report date in writing.
Inspection
Joe inspects the property. Access is usually arranged through the executor, solicitor or a family member.
Evidence and report
Comparable sales around the date of death are analysed and the report is issued, typically within 5 working days of the inspection.
Good to know
- The valuation supports the value the personal representatives report. HMRC may review, query or negotiate any submitted value, so acceptance cannot be guaranteed.
- If the property is later sold for much less, the sale price may become relevant evidence; ask your adviser about the rules for a loss on sale.
- We do not give tax or legal advice; your solicitor or tax adviser deals with the return.
All fees: see fees. Other services: all valuations and all surveys.
Questions
Something else? Call Joe
When is a probate valuation required?
How quickly can you complete a probate valuation?
Can the valuation support an HMRC estate return?
What does the probate valuation report include?
Can you value a property retrospectively?
Do you cover all of London?
Who values your property
Every JBS valuation is carried out and signed by Joe Weaver MSc AssocRICS MRPSA, a RICS Registered Valuer, in line with RICS Valuation – Global Standards (the Red Book). You deal with him from the first call to the report.
About JoeGet a probate valuation quote
Send the address and what the valuation is for; you get the fee and dates in writing.
