RICS Red Book Valuation Package | Portsmouth & Southsea

Fallows (Valuation) Surveyors SKU: PORT-PRO

Regulated by RICS
Valuation Purpose: Probate and IHT

Specialist Expertise. Fixed-Fee Clarity.

At Fallows, we provide a modern, focused alternative to the larger multidisciplinary firms. We are a boutique, tech-led practice that specialises exclusively in property valuation. We don’t sell houses or act as letting agents; we dedicate our resources entirely to providing the professional, evidence-based reports required for Probate, Capital Gains Tax, and Matrimonial settlements.

We believe that professional advice should be straightforward and transparent. By staying small and agile, we have refined the valuation process into a fixed-price Valuation Package. This offers executors, solicitors, and private clients in Portsmouth and Southsea total financial certainty and a RICS-compliant report without the "open-ended" hourly fees of traditional practices.

Why our boutique approach suits the Portsmouth market:

  • Urban & Coastal Intelligence: Portsmouth’s island geography and Southsea’s conservation areas require a nuanced approach. We use bespoke geospatial systems to monitor local planning shifts, maritime constraints, and development allocations that standard appraisals often overlook.

  • Agile & Tech-Driven: We have replaced traditional firm bureaucracy with smart, digital-first systems. This allows us to move faster, communicate more clearly, and provide a personal, direct service that larger, traditional practices cannot match.

  • Independent & Unbiased: Because we are not estate agents, our reports are entirely free from sales-led conflicts. We provide an honest, professional perspective that is trusted by legal advisors and private wealth managers across Hampshire.

The Portsmouth & Southsea Valuation Package

We have streamlined our expertise into a comprehensive "Product" designed to bring total clarity to Probate, Capital Gains Tax, or Divorce proceedings.

What is included in your package?

  • RICS ‘Red Book’ Global Standard: The formal, professional report prepared by a Registered Valuer and recognised by HMRC and the Courts as the definitive evidence of value.

  • Physical On-Site Inspection: A thorough assessment of the property’s condition, character, and its specific position within the Portsmouth market.

  • Drone-Assisted Insights: In an urban environment, viewing roofs and rear elevations can be difficult. Where regulations permit, we utilise drones to inspect structures and boundaries. We are always happy to share this high-resolution footage with you as a complimentary part of our service.

  • Boundary & Title Analysis: We cross-reference Land Registry data with high-resolution mapping to identify potential encroachments or title issues—providing essential protection for executors and beneficiaries.

  • HMRC-Ready Compliance: Our reports are specifically formatted to meet the requirements of the District Valuer (DV), ensuring your tax filings are as robust as possible.

Local Expertise Across the City & Island

From the iconic Victorian villas and terraces of Southsea and Old Portsmouth to the family homes in Drayton, Farlington, and Cosham, we know the local market intimately. Whether it is a waterfront apartment in Gunwharf Quays, a period home in Milton, or a residence in Hilsea, our data-driven approach ensures your valuation is accurate to the specific street level.

Professional. Agile. Defensible. By treating our valuation as a defined, all-inclusive package, we offer a faster turnaround and a level of clarity that helps you move forward with confidence.

Get A Quote

Frequently Asked Questions

Do I need to be present for the inspection?

It isn't strictly necessary for you to be there, provided we have access to the property (via a keyholder or agent). However, you are welcome to attend if you wish to point out specific features or historical issues that might affect the value, such as structural repairs or boundary changes.

What is an RICS 'Red Book' Valuation?

An RICS Red Book valuation is the "gold standard" of property reporting. Unlike a basic estate agent's market appraisal, a Red Book report is a formal legal document that must follow strict professional standards set by the Royal Institution of Chartered Surveyors. It is the only type of valuation accepted by HMRC, the Family Courts, and Solicitors for official purposes.

Is this different from an estate agent’s appraisal?

Yes. An estate agent’s appraisal is typically a marketing tool used to suggest a listing price and is not legally binding or HMRC compliant. As Independent Chartered Surveyors, Fallows provides an unbiased, evidence-based valuation. Because we do not sell property, our reports are free from the conflicts of interest often found with estate agents

How long is a valuation report valid for?

For most purposes, including Probate and Capital Gains Tax, a valuation report is considered a snapshot of the value on a specific date (the "valuation date"). While the report itself doesn't "expire," HMRC typically expects a report to be less than 6 months old if it is being used for a current application, unless it is a Retrospective Valuation for a past date

What is a "Retrospective Valuation"?

A retrospective valuation (or "backdated" valuation) determines the value of a property at a specific point in the past. This is frequently required for Capital Gains Tax (often back to March 1982) or for Probate, where the valuation must reflect the market on the date of the property owner's passing. We use archived market data and local records to provide a robust, defensible figure for these dates.

Can Fallows act as a Single Joint Expert in a divorce?

Yes. Fallows regularly acts as a Single Joint Expert (SJE) in matrimonial proceedings. In this role, we are instructed by the solicitors of both parties to provide one impartial report for the court. This helps streamline the legal process and provides a clear, objective starting point for financial settlements.

View your ownership boundaries

Use the Fallows Smart Map to view your land registry ownership boundaries (it's free).

Fallows Smart Map

Fallows in Portsmouth

Serving Portsmouth, Southsea, Cosham, Havant, Waterlooville

We undertake site visits throughout Portsmouth