Benchmark Valuation
Articles about benchmark valuation, in plain English.
Benchmark valuation means two different things
This phrase causes real confusion, because it is used for two unrelated ideas. Before you pay anyone for a benchmark valuation, work out which one you are actually asking for.
Benchmark ValuationCircle rate and market value are not the same
Almost every week someone tells us their property is worth exactly the circle rate, because that is the number the government publishes. It is an understandable mistake and it can cost a lot of money in both directions.
Benchmark ValuationWhy businesses get their property valued early
Most property valuations are ordered under pressure, because a deadline arrived. The businesses that get the most out of a valuer are the ones who ordered it when nothing was happening at all.
Benchmark ValuationHow often should you get property revalued?
Owners often produce a report from six years ago as though it settles the question. It does not, and using a stale figure can quietly cost you money in either direction.
See how we prepare a registered valuer report
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