When it comes to knowing the true value of your home or a property you’re buying, it’s vital to get expert valuation advice. Whether you’re selling, refinancing, or handling a legal matter, a professional valuation from a RICS Chartered Surveyor provides an independent, accurate, and market-backed figure you can rely on.
At Cockrams Surveyors, we offer residential property valuations across Cornwall. Here’s why you might need one – and how we can help.
What Is a Residential Property Valuation?
A property valuation is a formal assessment of a home’s market value, carried out by a qualified surveyor. Unlike an estate agent’s appraisal, a valuation by a RICS Chartered Surveyor is independent, impartial, and based on thorough analysis of comparable sales, property condition, and local market trends.
Common Reasons for a Residential Valuation in Cornwall
Selling or Buying a Property
If you’re unsure whether an asking price is fair, a valuation can give you confidence in negotiations. This is especially useful in Cornwall’s varied market, where prices fluctuate widely between coastal hotspots and rural areas.
Help to Buy or Shared Ownership Schemes
If you’re repaying a Help to Buy loan or selling a shared ownership property, you’ll need an independent RICS valuation to meet government or housing association requirements.
Probate Valuations
When someone passes away, their estate needs to be valued for probate purposes. HMRC requires an accurate open market valuation of any property within the estate. As RICS Registered Valuers, we provide sensitive, professional support during this process.
Capital Gains Tax (CGT) Valuations
If you’re selling a property that isn’t your main residence, such as a second home or a buy-to-let in Cornwall, you may be liable for Capital Gains Tax. HMRC often requires a “valuation at acquisition” (also called a retrospective valuation) or a “valuation at disposal” to calculate the tax owed. We provide accurate CGT valuations and clear reports suitable to assist with this purpose.
Matrimonial or Divorce Settlements
Property is often the largest asset to consider during separation. A formal valuation helps ensure a fair division of assets. If you require your residential valuation for matrimonial purposes in the form of a court-compliant Expert Witness report, then we can also assist on this basis.
Why Local Knowledge Matters
Cornwall’s property market has its quirks – from high-demand coastal villages to rural areas where few comparable sales exist. As Cornwall-based Chartered Surveyors, we understand these nuances and provide valuations grounded in up-to-date local market insight.
Why Choose Cockrams Surveyors?
– RICS Registered Valuers – independent and impartial
– In-depth knowledge of Cornwall’s property market
– Fast, professional service tailored to your needs
– Clear reports for probate and tax purposes
📞 Need a residential property valuation in Cornwall?
Get in touch with our friendly team to discuss your requirements or request a quote today.
