Valuations Designed for Probate.
Edwards & Co provides clear and reliable valuations for probate property. We support solicitors and executors by managing access, coordinating multiple parties and delivering reports that help matters progress without delay.
We offer two valuation approaches. Dual Agent valuations provide practical market insight, while Red Book valuations offer a formal, surveyor prepared report where greater accuracy or clarity is required.
Dual Agent Valuation.
A practical view of the current market based on valuations from two local agents. Edwards & Co coordinates the process and provides a clear summary report so solicitors and executors can review the results with confidence.
Service Summary.
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Two independent agent valuations
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Market comparison and summary report
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Guidance to support sale preparation
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Coordination of access with all parties
RICS Red Book Valuation.
A formal valuation carried out by a RICS registered surveyor and recognised by HMRC. Edwards & Co manages access and coordination to deliver a compliant report that gives solicitors and executors a clear and reliable basis for decision making.
Service Summary.
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Full RICS Redbook valuation report
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Inspection by a qualified surveyor
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Evidence based valuation methodology
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Reporting suitable for probate and tax purposes
Which Valuation Do You Need?
Choosing the right valuation depends on the estate and the level of detail required. Dual Agent valuations provide quick market insight, while Red Book valuations offer a formal report prepared by a RICS registered surveyor.
Dual Agent Valuation.
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Early market insight
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Estates below the inheritance tax threshold
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Executors who need a quick indication of value
Often used where an estate is clearly non-taxable and early clarity is helpful. This approach provides a straightforward view of value without the formality of a surveyor inspection.
Red Book Valuation.
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Estates that may be taxable
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Situations where accuracy or evidence is essential
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Executors who need a formal report for probate or HMRC
Provides a structured, evidence-based assessment prepared by a qualified surveyor. This option is often used where certainty is important or the estate may require greater accuracy.
Frequently asked questions.
How quickly can a valuation be arranged?
Most valuations can be arranged within a few days depending on access and location. If required, we contact the executor or key holder directly, coordinate the appointments and keep the solicitor updated throughout. Our aim is to minimise delays so the probate process can move forward as smoothly as possible.
Do executors need to attend the valuation?
No. We can manage access on behalf of the solicitor or executor. If keys need to be collected from an office or neighbour, we can arrange this. We provide updates after the appointment and ensure executors feel informed without needing to attend in person.
When should a Dual Agent valuation be used?
A Dual Agent valuation is often helpful when an estate is not expected to incur inheritance tax or when an executor wants a practical view of the current market. It provides two independent agent opinions and a summary from Edwards & Co. Some solicitors also use this type of valuation when preparing probate forms, particularly if timing or cost is a consideration.
A Dual Agent valuation is not a formal valuation and may not be suitable for complex estates, dispute situations or cases where greater accuracy is required.
When is a Red Book valuation recommended?
A Red Book valuation is recommended when an estate may be taxable, when there is uncertainty around value or when a more formal approach is preferred. It is prepared by a RICS-registered surveyor and follows strict reporting standards that provide a clear evidence base for probate or tax purposes.
Although a Red Book valuation is not legally required in every taxable case, many solicitors prefer it for its accuracy, defensibility and clarity when submitting information to HMRC.
Is payment required immediately or up front?
No. We understand that funds are not always available early in the probate process. Edwards & Co can defer payment for valuations until the estate has funds or until completion of the property sale. This flexibility helps executors avoid upfront costs during the early stages of administration.
What areas do you cover?
We are based in Essex and support probate valuations nationwide. We work with local agents and surveyors across the country to ensure reports are accurate, consistent and appropriate for the regional market.
Discuss Your Requirements.
If you are dealing with a property as part of a probate or estate matter and would like to discuss valuations, sale options or practical support, complete the form or contact us with the details and we will advise on the most appropriate way forward.
Our aim is to provide clear guidance, straightforward communication and a process that reduces pressure on solicitors and executors alike.