Shared Ownership Valuation in Gloucester
If you own a shared ownership property and need a RICS valuation for staircasing, selling, or remortgaging, Adam Till Valuations provides fast, accurate reports that are accepted by all major housing associations. Adam Till MRICS has 15 years of experience delivering RICS Red Book valuations across Gloucester and Gloucestershire. Reports are priced from £199 inc. VAT with no hidden fees.
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What is a shared ownership valuation?
A shared ownership valuation is a formal, RICS-compliant assessment of your property’s open market value, carried out by a qualified RICS surveyor. It is not the same as a mortgage valuation or an estate agent’s appraisal — it is an independent, evidence-based report prepared in accordance with RICS Valuation — Global Standards (the Red Book).
The valuation establishes the full 100% open market value of your home, regardless of the share you currently own. Your housing association uses this figure to calculate the price of any additional shares you wish to purchase, or to agree a sale price if you are selling. For remortgaging purposes, your lender will also require a current market valuation from a RICS-registered surveyor.
The report is addressed as required by your housing association and will include supporting comparable evidence drawn from local market sales. It is signed and dated on headed paper by Adam Till MRICS, ensuring it meets all RICS and housing association requirements.
When do you need a shared ownership valuation?
You will need a shared ownership valuation whenever your housing association requires confirmation of your property’s current market value. The most common trigger is staircasing — buying additional shares in your home. Your housing association will set the share price based on the RICS valuation, so it is important the report is accurate and independent.
If you are selling your shared ownership property, you will also need a RICS valuation. Under shared ownership rules, your housing association typically has a nomination period during which they market the property at the RICS valuation price. The report must be current, so timing matters.
Remortgaging a shared ownership property is a third common trigger. Most lenders require a RICS valuation as part of the remortgage process, and some shared ownership leases require the housing association’s consent before any remortgage proceeds. If your housing association is one of the providers Adam Till Valuations regularly works with — including Abri, Aster Group, Bromford, CBH, Citizen, Clarion Housing, Cottsway, Curo, GCH, Green Square Accord, Heylo, LiveWest, Peabody, Platform Housing Group, Rooftop Housing Group, Sage Homes, Sanctuary, or Stonewater — the report format will already be familiar to their teams.
What does the process involve?
The process begins when you contact Adam Till Valuations to request a quote and confirm your address and the purpose of the valuation. Once you have accepted the quote and agreed an inspection date, Adam Till MRICS will visit your property at the agreed time to carry out a thorough internal and external inspection. The inspection typically takes between 30 and 60 minutes.
Following the inspection, Adam Till researches comparable sales evidence from the local market to support the valuation figure. The completed report is prepared in accordance with RICS Red Book standards, signed on headed paper, and sent to you — usually within a few working days of the inspection.
Once you have received the report, you can pass it directly to your housing association or lender. If your housing association requires any amendments or additional information in the report, Adam Till Valuations will address these promptly at no additional charge.
How much does it cost?
Shared ownership valuations with Adam Till Valuations start from £199 inc. VAT. The final price depends on the size and location of the property, and you will be given a fixed quote before booking — there are no hidden fees or surprises.
Adam Till Valuations operates a price guarantee: if you receive a like-for-like written quote from another RICS-regulated surveyor at a lower price, we will match it. To get your quote, call 07858 916345 or email info@adamtillvaluations.co.uk. The office is open Monday to Friday, 8am–7pm.
Why choose Adam Till Valuations?
RICS regulated: Adam Till MRICS is a fully regulated member of the Royal Institution of Chartered Surveyors, so your report will be accepted by all major housing associations and lenders.
15 years of experience: With over a decade and a half of specialist valuation experience across Gloucester and Gloucestershire, Adam Till has the local market knowledge your report demands.
229 five-star Google reviews: Independent verification from real clients that the service is reliable, professional, and produces accepted reports.
Accepted by major housing associations: Reports are regularly accepted by Abri, Aster Group, Bromford, CBH, Citizen, Clarion Housing, Cottsway, Curo, GCH, Green Square Accord, LiveWest, Peabody, Platform Housing Group, Rooftop Housing Group, Sage Homes, Sanctuary, Stonewater, and others.
Price guarantee: If you find a cheaper like-for-like quote from another RICS surveyor, we will match it.
Fast turnaround: Reports are typically delivered within a few working days of the inspection, keeping your transaction moving.
Frequently Asked Questions
Q: Who can carry out a shared ownership valuation?
A: The valuation must be carried out by a surveyor who is a member of the Royal Institution of Chartered Surveyors (RICS). The relevant membership grades are AssocRICS, MRICS, or FRICS. Adam Till holds MRICS status, making him fully qualified and eligible to carry out shared ownership valuations accepted by housing associations and lenders.
Q: How long is a shared ownership valuation valid for?
A: Most housing associations require the valuation to be current at the time of the relevant transaction. For staircasing, if you decide to proceed with buying additional shares, you must complete the purchase within three months of the valuation date — otherwise a re-inspection may be required. Check your housing association’s specific requirements before instructing a valuation.
Q: Does the valuation cover my share of the property or the whole property?
A: RICS valuers always assess the full 100% open market value of the property, regardless of the share you own. Your housing association then applies the relevant percentage to calculate the price of additional shares or the agreed sale price. The report will state the full market value clearly.
Q: Will home improvements affect my shared ownership valuation?
A: It depends on whether your housing association requires an “unimproved value” as well as the current market value. If you have made material improvements to the property — such as an extension or a new kitchen — Adam Till will note this in the report and provide both figures where required, in line with your housing association’s instructions and RICS guidance.
Q: Do I need to be present during the inspection?
A: You or someone authorised by you must provide access to the property during the inspection. You do not need to remain throughout the visit, though it is helpful if you can flag any improvements or changes you have made to the property so these can be properly considered in the report.