When a loved one passes away, one of the first legal and financial steps is to value their estate, which includes the probate valuation of any property they own.
Understanding how to value property for probate properly is essential for fulfilling legal obligations and preparing the estate for potential sale or distribution.
At London Estate Agency, we specialise in offering a comprehensive probate property service that ensures full legal compliance while maximising your property’s value.
Whether you are an executor, solicitor, or family member dealing with the estate, our expert team guides you through every step with professionalism, care, and discretion.
What Is a Probate Valuation?
A probate valuation is the official assessment of the deceased’s property’s market value at the time of death.
This figure is submitted to HMRC (HM Revenue and Customs) as part of the probate process and is used to calculate any Inheritance Tax (IHT) liability.
The valuation must be accurate, as under- or over-valuation can result in legal complications or financial penalties.
We provide RICS-compliant valuation reports by experienced professionals, ensuring all documentation is legally sound and meets HMRC’s standards.
Why Choose a Professional Valuation for Probate?
While some may consider using online tools or informal estimates, the probate process demands precise, professional evaluations. Here’s why our service is the preferred choice:
- Accurate Market Valuation – We use live market data and comparable sales to assess the correct value.
- HMRC Approved – Our valuations meet the stringent requirements laid out by the HMRC.
- Avoid Legal Risks – Inaccurate valuations can lead to delays, penalties, or disputes.
- In-House Estate Services – We offer a full-service estate agency, including tenant management, rent protection, and property sales — making us your one-stop shop.
Our Probate Valuation Process
At London Estate Agency, our probate service is fast, transparent, and reliable:
- Initial Consultation – We discuss your situation, gather property details, and schedule a site visit.
- On-Site Inspection – One of our certified professionals visits the property to assess its condition and key features.
- Comprehensive Market Analysis – We evaluate local market conditions and recent sales of comparable homes.
- Valuation Report Issued – You receive a detailed written report suitable for submission to HMRC.
- Next Steps Support – We assist with preparing the property for sale or rental and can manage the entire process on your behalf.
Maximise the Value of the Estate With Our Property Services
Once the property has been valued for probate, many clients opt to sell or rent the home.
That’s where our award-winning agency steps in to unlock the full potential of your inherited asset.
Sales Support
We handle end-to-end property sales, including:
- Free Marketing and Listing
- Professional Photography & Videography
- Property Staging Advice
- Access to Hundreds of Buyers Across London
- Transparent Fees with No Hidden Costs
Lettings & Tenant Management
If you prefer to rent out the property, we offer:
- Tenant Screening
- Rent Protection Insurance
- In-House Maintenance Management
- Monthly Statements & Legal Compliance Support
Do You Need a RICS Surveyor for Probate?
While not always legally required, using a RICS-accredited valuer (Royal Institution of Chartered Surveyors)
can give your valuation more authority with HMRC and protect against potential legal issues.
We work with RICS-qualified professionals to ensure your valuation carries maximum credibility and legal weight.
What Affects Probate Property Valuation?
Several factors influence the valuation of a property for probate purposes, including:
- Location and Neighbourhood Desirability
- Property Size and Condition
- Recent Sales of Similar Properties
- Development Potential or Planning Permission
- Leasehold vs Freehold Status
We analyse all these elements in detail to provide an accurate, justifiable valuation that gives you peace of mind.
Can You Sell a House Before Probate Is Granted?
You can market the property, but a sale cannot be completed until the Grant of Probate is issued. However, there are steps you can take during this period:
- Begin Property Viewings
- Receive Offers from Buyers
- Prepare Legal Documents in Advance
We manage this process so that you’re ready to complete the moment probate is granted, reducing delays and stress.
Why Work with London Estate Agency?
- Local Expertise – We know the London market inside out.
- Comprehensive Services – We handle everything under one roof, from valuation to sale or rental.
- Tailored Advice – We offer bespoke solutions based on your estate’s unique needs.
- Respectful & Discreet – We handle probate matters with the care and confidentiality they require.
- Legal Compliance – From EPCs (Energy Performance Certificates) to rent reviews and section 13 notices, we ensure every part of your transaction is legally sound.
Frequently Asked Questions
How long does a probate valuation take?
Typically, 3–5 working days from inspection to report. Urgent valuations can be fast-tracked.
How much does a probate valuation cost?
Costs vary by property type and location. Contact us for a no-obligation quote.
What documents are needed for probate valuation?
We typically need:
- Property address
- Death certificate
- Executor information
- Title deeds or Land Registry documents
What if the property is jointly owned?
We evaluate the percentage of shares the deceased owns and adjust the valuation accordingly.
Can you help me sell the property after probate?
Absolutely. We can handle the whole sale process or prepare the property for rent — tailored to your preference.
Ready to Get Your Property Valued for Probate?
Trust the experienced team at London Estate Agency to handle your probate property valuation with professionalism and empathy.
Whether you’re preparing to sell, rent, or value the estate, we’ll walk you through every step — ensuring accuracy, legal compliance, and peace of mind.
Contact us today for a free consultation, or visit londonestateagency to instruct us directly online. Let’s maximise the value of your property — the right way.
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