Insights | Pilkington Real Estate

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What Is a Red Book Valuation?

When a formal valuation is required, the purpose, valuation date, assumptions and intended users matter as much as the final figure. This guide explains what a Red Book valuation includes and when one may be needed.

Article summaries

PROBATE

Probate Valuations: What Executors Need to Know

The role of the valuation date, the information required and how independent advice supports estate administration.

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TAX

Capital Gains Tax and Retrospective Property Valuations

How a valuer reconstructs market value at a historic date using contemporaneous evidence.

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SURVEYING

RICS Level 2 or Level 3 Survey: Which Do You Need?

A practical comparison based on property age, construction, condition and the buyer’s plans.

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LEASEHOLD

Lease Extension Valuation: The Surveyor’s Role

Where valuation advice fits alongside legal advice during a statutory or negotiated lease extension.

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LEASEHOLD

Rent Reviews and Lease Renewals: Understanding the Difference

Why both may require rental evidence but follow different contractual and legal routes.

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ADVISORY

Valuing Mixed-Use Property

The factors that can make a building containing commercial and residential accommodation more complex to assess.

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Clear guidance on valuation, surveying and leasehold matters.

What Is a Red Book Valuation?

Probate Valuations: What Executors Need to Know

Capital Gains Tax and Retrospective Property Valuations

RICS Level 2 or Level 3 Survey: Which Do You Need?

Lease Extension Valuation: The Surveyor’s Role

Rent Reviews and Lease Renewals: Understanding the Difference

Valuing Mixed-Use Property

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