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Open Market Valuations

An open market valuation provides an accurate and independent assessment of a property’s current market value. Our RICS certified surveyors deliver clear, reliable open market property valuations you can rely on for informed decisionmaking.

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Market rent value explained

Open market valuations provide an accurate and independent assessment of a property’s current market value for informed buying and selling decisions.

What Is an Open Market Valuation?

An open market valuation is a professional assessment of a property’s value assuming a willing buyer and seller, proper marketing, and no undue pressure. Often referred to as a RICS open market valuation, it reflects the price a property is likely to achieve on the open market at the valuation date.

A market value property survey is carried out by a qualified home valuation surveyor and is relied upon by individuals, solicitors, lenders, and professionals for a wide range of purposes.

Why an Open Market Valuation Is Important

An accurate open market valuation helps you make confident decisions when buying, selling, or holding property. It provides a clear, evidence-based figure that reflects current market conditions and comparable sales.

Our experienced surveyors provide impartial, RICS-compliant valuations that are accepted by solicitors, accountants, lenders, government departments and bodies plus private clients.

How Does the Process Work?

One of our RICS certified home valuation surveyors will arrange a convenient time to inspect the property. During the visit, they will assess the property’s size, condition, location, and relevant market evidence.

Following the inspection, we prepare a clear RICS open market valuation report confirming the property’s market value at the valuation date. The report can be used for personal, legal*, or financial purposes as required.

*Note that some legal processes require particular valuation types and reports so please outline the use of the report when booking.

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RICS-qualified and regulated professionals

Every valuer on our team holds RICS accreditation and carries years of experience in property assessment.

Local expertise nationwide

We have experts positioned across England with a deep knowledge of regional markets.

Fast and reliable service

Most valuations are completed within a few days. We move quickly without cutting corners.

Testimonials

What our clients say

Need a professional open market property valuation from a trusted RICS surveyor?

Get a quote today for an accurate market value property survey with Morgan Sloane Surveyors.

FAQs

Find answers to common questions about our valuation and survey services.
What is an open market valuation used for?

Open market valuations are commonly used for buying or selling property, financial planning, legal matters, and general decision-making.

Is an open market valuation the same as an estate agent’s appraisal?

No. An estate agent’s appraisal is informal and may reflect a marketing price, whereas a RICS open market valuation is an independent, evidence-based assessment.

Who can carry out an open market valuation?

An open market valuation should be carried out by a qualified, independent RICS surveyor acting as a professional home valuation surveyor.

How long is an open market valuation valid for?

The valuation reflects market conditions at the date of inspection. If market conditions change, an updated valuation may be required.

Need more answers?

Reach out to our team directly.