Shared ownership valuation
What is a shared ownership valuation?
A shared ownership valuation is an independent assessment of a property’s current market value, required when selling a share or increasing ownership through staircasing. The valuation establishes what the property is worth at the time of instruction, which is then used to calculate the value of the share being bought or sold.
Housing associations typically require the valuation to be carried out by a RICS-registered surveyor to ensure it meets their compliance standards. The report provides an objective, evidence-based figure that reflects local market conditions.
In most cases, the valuation is valid for a limited period, often around three months, after which a new report may be required if the transaction has not progressed.
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Why is a shared ownership valuation important?
A shared ownership valuation plays a central role in shared ownership transactions. It determines the price at which equity is bought or sold and ensures that the process is carried out fairly and in line with housing association requirements.
Without a compliant valuation, transactions can be delayed or rejected. An accurate and professionally prepared report helps avoid complications, supports a smoother process, and provides reassurance that the agreed value reflects the current market.
When should you choose a shared ownership valuation?
A shared ownership valuation is most suitable for:
It is less suited to:
Why choose Cheke & Co for your shared ownership valuation?
Cheke & Co are a long-established firm of RICS-regulated surveyors, working across Essex and Greater London. We regularly assist clients with shared ownership valuations and understand the specific requirements set by housing associations. You will deal directly with the surveyor carrying out your valuation, ensuring clear communication and a consistent point of contact throughout. Our reports are carefully prepared, well-supported, and designed to meet both professional standards and practical requirements for your transaction.
How it works
Our shared ownership valuation process is clear and structured:
- Initial enquiry – we discuss your property, your housing association’s requirements, and the purpose of the valuation.
- Inspection – a surveyor visits the property to assess its condition, layout, and key features.
- Market analysis – we review comparable sales and local market data to establish an accurate value.
- Report preparation – a RICS-compliant valuation report is prepared, setting out the market value clearly and professionally.
- Delivery – the report is issued for submission to your housing association and use in your transaction.
Our approach
We aim to make the valuation process straightforward, clear, and professionally supported from start to finish. Our focus is on providing reliable advice, responsive communication, and reports that meet both RICS and housing association requirements.
- RICS-compliant valuations prepared to recognised professional standards
- Evidence-based conclusions supported by comparable market data
- Direct access to the surveyor handling your instruction
- Clear, structured reports that are easy to understand and use
- Professional, responsive support if you need clarification after receiving your report
Get in touch
If you need a shared ownership valuation for selling or staircasing, we are here to help.
You can request a quote through our online form or contact us directly to speak with a surveyor. We provide shared ownership valuations across Essex and Greater London, with a focus on clear advice, responsive service, and reliable reporting.
GET AN ONLINE QUOTE
To receive an online quote, just complete our simple online form
GET IN TOUCH
Speak to a surveyor today!
FAQs about shared ownerdship valuations
Shared ownership valuations are usually valid for around three months, although this can vary depending on the housing association.
Yes, most housing associations require a valuation prepared by a RICS-qualified surveyor.
No, estate agent appraisals are not accepted for shared ownership transactions.
You may be able to request a review, depending on your housing association’s procedures and time limits.
Reports are typically delivered within a few working days following the inspection.
Staircasing is the process of buying additional equity in your property, increasing the proportion you own. A valuation is required to determine the current market value before purchasing further shares.
Yes, a current valuation is required each time you staircase, even if a previous report was carried out.
In some circumstances, you may be able to request a review if you believe the valuation does not reflect the market. This will depend on your housing association’s policy.
The report is submitted to your housing association, who will use it to calculate the value of your share and guide the next steps in the process.
No, it is a valuation rather than a full survey. The focus is on determining market value, although visible issues may be noted during the inspection.
Costs depend on the property and the complexity of the valuation. Cheke & Co provide clear pricing before instruction.