As Auctioneers in London & Surrey we regularly conduct Probate Valuations on behalf of Executors.
A Probate valuation service is often required by executors of estates. It ensures that an accurate value is put on the contents and chattels of an estate. Goods included which will form part of the valuation ; antiques, art, jewellery, classic & modern cars, watches and more. This is a requirement by HMRC in order to calculate inheritance tax liabilities. Your solicitor or chosen legal professional will be able to advise you if this is necessary in your circumstances.
At London Auctions we offer an expert professional Probate Valuation Service in London and Surrey. Our experience as auctioneers mean we are up to date with current market trends. This ensure that goods are valued accurately. We hold full professional indemnity insurance. The type of goods that are usually included by us in probate valuations include:
- Jewellery, Watches and Silver Items
- Vehicles including Classic and Modern Cars & Motorcycles
- Mid Century Furniture
- Toy Collections
- Plus, Much More
A Probate Valuation usually consists of an initial visit to the property where one of our specialists will have a thorough look throughout the property. Notes will be made and photographs taken of any items identified as having a saleable value at public auction. We will then go away and compile a report which will be produced in a simple format ready to be forwarded on to your solicitor or legal professional. They can then use the information in this report to calculate any liabilities.
Any goods identified during a probate valuation can be entered into one of our auctions for sale if required. We also offer a House Clearance Service once any items of value have been removed from the property.
Why Is it necessary to get the contents of a property valued?
If you don’t get a valuation of contents for probate purposes then there is a possibility you may end up overpaying or underpaying inheritance tax.
London Auctions are expert probate valuers in London, we have strong knowledge of current trends within the auction world and can ensure that valuations are accurate and reliable.
Learn More About Our Probate Valuation Services
Why Choose London Auctions for Probate Valuation?
There are plenty of companies offering Probate Valuations in London & Surrey. The benefits of using London Auctions Probate Valuation service are:
- Full Professional Indemnity Insurance
- Members of The Property Ombudsman
- Members of The National Association of Valuers and Auctioneers
- Inside Knowledge of Current Trends in the Auction market
- An all in one Probate Service. We assist from the initial valuation to the end point of sale of chattels.
- Hundreds of previous happy clients
- A great network of specialists for more niche items
- Fast and efficient service
- We use sophisticated equipment when appraising jewellery including Electronic Gold Testers, Electronic Gemstones Testers and Digital Gemstone Gauges. This enables us to be extremely accurate when valuing jewellery.
Our fees for Probate Valuation in London & Surrey depend on the size of the property, the time it takes to identify all of the saleable items within and the research involved. Please get in touch today for a free initial Probate Valuation consultation.
Ercol Day Bed
Folio Society Fairy Books
Bridget Riley Silkscreen
We usually would allow for 1-2 hours at the property, we then go away and do any necessary research work and get the valuation typed up and presented as a PDF. We aim to have your PDF valuation sent to you within 3 days of the initial property visit.
Yes, we understand that sometimes a valuation is needed for compliances purposes. We are still able to visit the property and conduct a valuation in these situations.
Our prices are based on the size of the property and how much research work is involved. Typically our probate valuations start from £225 + VAT.
We have a template for our valuations which will be filled in and supplied to you as a PDF. We can issue hard copies if required.
Yes we are able to sell any items identified in the initial valuation through our auction. This can be done as part of a wider house clearance if required. We are also able to arrange the disposal of non saleable items and transportation of goods to our warehouse for sale.
Yes we hold regular valuation days at our premises, feel free to bring down your antiques, collectables and jewellery for a valuation. We also offer in person valuations of antiques, jewellery, watches etc in London & Surrey. Alternatively you are more than welcome to email us photographs of the antiques and collectables you have for us to offer an instant valuation.
Where do you conduct probate valuations in London & Surrey?
Yes we are happy to come and and view larger collections in person in the London & Surrey areas.
Areas which we regularly visit include:
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