VALUER
REPORT STANDARD
SOLICITOR LIAISON
REPORT TURNAROUND
What Is a Capital Gains Tax Valuation?
A capital gains tax valuation determines the market value of a property at a specific point in time — usually when you acquired it or when you dispose of it. The difference between these values, minus any allowable costs and deductions, forms the basis of your CGT liability.
If you inherited a property, the valuation date is typically the date of death. If you’re selling a second home or investment property, you’ll need valuations at both acquisition and disposal to calculate your gain accurately.
When You Need a CGT Valuation
Selling a second home or investment property
To calculate the gain since purchase or inheritance.
Transferring property into a trust
To establish the property’s value at the transfer date.
Gifting property to family
Even without money changing hands, CGT may apply.
Inherited property being sold
The date-of-death value is the base for the gain on the eventual sale.
Converting a former main residence
Selling a property that was once your home — the value when it stopped being your main residence matters.
Claiming reliefs
Supporting claims for lettings relief or private residence relief.
EVIDENCE BEHIND A RETROSPECTIVE FIGURE
- Historical market data at the valuation date
- Land Registry records
- Comparable sales from the relevant period
VALUING AT A PAST DATE
Retrospective Valuations
Many CGT scenarios need a valuation that looks back in time — to when you inherited the property years ago, or when it stopped being your main residence. We provide retrospective valuations by examining historical market data, Land Registry records, and comparable sales from the relevant period.
CONSIDERED IN YOUR VALUATION
- Condition, location and size of the property
- Market trends at the valuation date
- Comparable sales from the same period
- Evidence and methodology, clearly explained
What Your Valuation Report Includes
A RICS Registered Valuer inspects the property and considers its condition, location, size and market trends at the relevant valuation date, using comparable sales data from around the same time. You receive a detailed report that meets HMRC requirements and can be used confidently in your tax calculations — undervalue and you risk penalties; overvalue and you pay more tax than necessary.
Working With Your Accountant
Instructed by an accountant or solicitor? We work to your deadlines and format — the report arrives ready for the Self Assessment return or the transaction file, and we’re happy to deal with your adviser directly.
THE RED BOOK STANDARD
What a Red Book Valuation Means
Every valuation we provide is carried out by a RICS Registered Valuer and reported to the RICS Valuation — Global Standards, known as the “Red Book”. That’s what makes the figure defensible: a consistent, evidence-based method, comparable sales, and a report format that institutions trust.
- ✓ RICS Registered Valuer
- ✓ Red Book methodology
- ✓ Accepted by HMRC, lenders, housing associations & courts
CGT Valuation Cost
Your exact price depends on the property and the valuation date — it takes two minutes to get online, and the price you see is the price you pay.
CGT Valuation FAQs
Why might HMRC reject an estate agent figure?
Because an estate agent’s appraisal is a marketing estimate, not a valuation. It tells you what the agent would list the property at — often optimistically — with no supporting evidence, no documented method, and no independence. CGT calculations need the property’s market value at a specific date, evidenced and defensible. A RICS Red Book valuation provides exactly that: comparable sales, a documented basis, and a Registered Valuer’s signature — which is why accountants ask for one, and why HMRC accepts it.
How far back can you value a property?
As far back as your tax position needs — retrospective valuations are the core of CGT work. Common dates include the day you inherited or were gifted the property, the date it stopped being your main home, and 31 March 1982, the rebasing date for assets held longer than that. Recent decades are well-evidenced from sold-price records; for older dates we combine archived sales data, market indices and the property’s history. If a date is genuinely difficult to evidence, we’ll tell you before you instruct us.
What evidence supports a retrospective figure?
Comparable sales completed around the valuation date, drawn from Land Registry and archive records; the state of the market at that time; and the property as it stood on that date — its condition, size and any later alterations stripped back out, using planning records, old photographs and your own knowledge of the property. All of it is set out in the report with the reasoning visible, so the figure can be examined and defended rather than taken on trust.
Does the report satisfy Self Assessment?
Yes — the report is prepared on the Red Book basis HMRC expects, ready for your Self Assessment return or the 60-day reporting window that applies when you sell a UK residential property. We’re happy to work directly with your accountant, and if you want certainty before filing, the report can accompany a CG34 post-transaction valuation check, where HMRC reviews and agrees the figure. If the Valuation Office Agency ever queries it, we respond with the evidence behind the number.