Reinstatement Cost Assessment (RCA)
What is a reinstatement cost assessment?
A reinstatement cost assessment (sometimes called a reinstatement cost valuation or rebuild cost assessment) is a professional calculation of how much it would cost to completely rebuild your property from the ground up. Unlike a market valuation, it looks specifically at the total cost of reinstating the property in the event of serious damage or loss. This includes demolition, site clearance, construction materials, labour, and professional fees.
This type of valuation is often required for insurance purposes to make sure your property is covered at the right level.
At Cheke & Co, we provide accurate, RICS-compliant reinstatement valuations for property owners, insurers, and solicitors across Essex and Greater London.
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To receive an online quote, just complete our simple online form
Why is a reinstatement cost valuation important?
Having an accurate reinstatement valuation is essential for your building insurance. If your property is underinsured, your insurer may not cover the full cost of a claim. Many policies contain an “average clause,” which means any payout is reduced in proportion to the level of underinsurance.
On the other hand, overinsuring a property leads to unnecessarily high premiums. A professional valuation ensures your property is insured at the right level, protecting you from financial loss.
When should you get a reinstatement valuation?
We recommend arranging a reinstatement cost valuation:
This service applies to all types of residential property, including listed buildings and complex or high-value homes.
Why choose Cheke & Co for your reinstatement cost assessment?
With decades of local expertise in Essex and Greater London, we are regularly instructed by homeowners, solicitors, and lenders. Our surveyors deliver accurate valuations, clear reporting, and a straightforward, personal service. As a long-established, RICS-regulated firm, we combine professionalism with accessibility so you feel supported at every stage.
We know that insurance and valuations can sometimes feel complex, so our aim is to make the process as clear and straightforward as possible. From the first conversation to the delivery of your report, every stage is handled by a qualified surveyor with local expertise.
How we work
Here’s how a reinstatement cost valuation with Cheke & Co typically works:
- Initial consultation – a short discussion to understand your property and requirements
- Site visit and inspection – a RICS-qualified surveyor inspects the building, noting construction, size, and features
- Measurement and analysis – accurate measurements are taken and reviewed against building details
- Calculation using RICS BCIS data – rebuild costs are calculated using the latest industry benchmarks
- Listed buildings – when assessing listed or heritage properties, we use independent building cost information provided by specialist consultants, as BCIS data is not intended for this type of work
- Delivery of your report – you’ll receive a clear, insurer-ready document with our findings and recommendations
Our approach
At Cheke & Co, all reinstatement valuations are:
- Carried out by RICS-qualified surveyors
- Based on BCIS cost data (or independent building cost information for listed buildings)
- Fully compliant with RICS Professional Standards
Unlike larger corporate firms, we provide direct communication with your surveyor. You’ll have a named point of contact to explain our findings and answer your questions.
Get in touch
To arrange a reinstatement cost valuation, or to find out whether you need one, please contact our team today. We’ll be happy to provide a no-obligation quote and put you directly in touch with one of our experienced surveyors.
GET AN ONLINE QUOTE
To receive an online quote, just complete our simple online form
GET IN TOUCH
Speak to a surveyor today!