RICS Registered Valuers
Professional valuation expertise
Probate Valuations
A clear, professional valuation when an estate needs certainty.
Independent property and land valuations for probate and Inheritance Tax purposes, prepared by Chartered Surveyors who are RICS Registered Valuers.
Property & land
A broad range of estate assets
Written report
Prepared in accordance with RICS standards
Local expertise
Cornwall · Devon · Somerset
Need some guidance?
Talk to us about the property or land forming part of the estate
We can discuss the asset, the purpose of the valuation and the next steps.
Probate explained
What is a
Probate Valuation?
When an estate is being finalised, the value of property and land assets at the date of death may need to be established for Inheritance Tax assessment purposes.
This forms part of the probate process, which is generally dealt with by the Executor or Administrator of the estate.
Where a formal probate valuation is required, Bradleys can provide an independent valuation undertaken by a Chartered Surveyor who is also an RICS Registered Valuer.
When is one needed?
The right level of valuation
for the estate
Establishing the value at the date of death
Probate may require a definitive value for property or land assets forming part of the estate at the relevant date.
Where a formal valuation is appropriate
A formal valuation provides professional evidence of value for probate and Inheritance Tax purposes and is prepared by an appropriately qualified valuer.
Property and land assets
Bradleys has experience providing probate valuations across a broad range of land and property throughout Cornwall, Devon and Somerset.
What to expect
A straightforward
probate valuation process
- 01
Discuss the estate
We establish the property or land to be valued and the purpose of the instruction.
- 02
Inspect the asset
Our Surveyor inspects the property so its condition and state of repair can be taken into account.
- 03
Assess the value
The relevant details and valuation evidence are considered by the RICS Registered Valuer.
- 04
Receive the written report
A Probate Valuation report is produced in accordance with RICS standards, summarising the relevant detail and value of the assets.
The written valuation
Professional evidence.
Clearly set out.
The inspection allows the Surveyor to take the property's condition and state of repair into account before preparing a clear written valuation setting out the relevant detail and assessed value.
01Property inspection
The asset is inspected as part of assessing its value.
02Condition & repair
The condition and state of repair can be reflected in the assessment.
03Relevant detail
The written report summarises the relevant information supporting the valuation.
04Value of the assets
The report records the assessed value of the relevant property or land assets.
Why Bradleys Surveyors?
Experienced probate valuation advice
across the South West
RICS registered
Bradleys Surveyors is registered with the RICS and our Chartered Surveyors are RICS Registered Valuers.
Red Book standards
Formal probate valuations are prepared in accordance with applicable RICS valuation standards.
Regional experience
Experience across property and land assets throughout Cornwall, Devon and Somerset.
Clear advice
We explain the valuation process and provide a clear written report for the agreed purpose.
Common questions
Probate valuations
explained
The existing Bradleys service explains that the definitive value of relevant property or land assets is assessed at the date of death for probate and Inheritance Tax assessment purposes.
Bradleys states that a formal Probate Valuation is undertaken by a Chartered Surveyor who is also an RICS Registered Valuer.
Yes. Bradleys explains that an inspection is required so that the property's condition and repair can be taken into account when assessing value.
The Probate Valuation report summarises the relevant detail and the value of the relevant assets and is produced in accordance with RICS standards.
The existing Bradleys page states that the cost will often vary depending on the size and type of the asset. Contact us with the details and we can discuss the instruction with you.
Probate valuations
Need a professional
Probate Valuation?
Talk to our Chartered Surveyors about the property or land forming part of the estate.
Request a valuation →
Or call us01392 42589101209 712111
RICS Registered Valuers • Written report • Cornwall · Devon · Somerset