Start with the purpose
The right approach depends on why the valuation is needed. Buyers may want reassurance about an agreed price, while shared ownership, probate, transfer of equity and private financial matters require a formal valuation prepared for that purpose.
A valuation focuses on value. A RICS Level 2 Home Survey or RICS Level 3 Building Survey focuses on condition, defects and likely repair issues. Some buyers need both strands of advice.
What a valuer considers
A RICS valuer considers recent relevant comparable evidence, then accounts for differences in location, tenure, size, layout, condition and alterations.
For flats, lease length, service charges, planned major works and management can affect marketability and value. For houses, plot, parking, extensions and the quality of alterations can all matter.
Use the advice before exchange
Share accurate particulars, tenure information and available paperwork. Keep the valuation and survey in conversation: significant defects may affect likely costs, saleability and the negotiating position.
A valuation gives a reasoned figure and supporting evidence. It does not dictate the final price, but it gives buyers a firmer basis for deciding whether to proceed, renegotiate or walk away.