Shared Ownership Valuation in CW5 (Nantwich)

A shared ownership valuation is a RICS-registered assessment that determines the full market value of your property. This is different from a standard mortgage valuation as it establishes the total value of 100% of the property, which is then used to calculate the price of your specific share for staircasing or selling purposes. The report includes comparable evidence from recent sales in the CW5 area, including properties in Nantwich town centre and new developments like Wychwood Park and The Pastures, and meets the requirements of housing associations and mortgage lenders. Your valuation will be valid for typically 3-12 months depending on your housing association's requirements.

Shared ownership valuations in CW5 typically range from £250 to £450 depending on the size and type of property. Larger properties such as detached houses may incur higher fees at around £350-£450 due to the increased time required for inspection and analysis, while flats and terraced properties generally fall at the lower end of this range at £250-£300. The fee covers the property inspection, comprehensive market research using comparable sales data from the Nantwich and CW5 area, and the production of your official RICS valuation report suitable for submission to housing associations and mortgage lenders.

The physical inspection of your property usually takes between 30 minutes and 2 hours depending on the size and complexity of the accommodation. For a typical flat in Nantwich, the inspection may take around 30-45 minutes, while a larger detached property in areas like Weston or Audlem may require up to 2 hours. Following the inspection, your valuation report is typically completed within 3-5 working days, meaning you can expect to receive your official RICS valuation report within approximately one week of booking your appointment. We offer express services if you need your report more quickly.

Yes, if you are looking to purchase additional shares in your shared ownership property (staircasing), your housing association will require a current valuation to determine the price of the additional share. The valuation must be carried out by a RICS qualified surveyor, and the report must be dated within a specific timeframe (usually 3-12 months) as specified by your housing association. Our valuations meet the requirements of all major housing associations operating in the CW5 area, including Sanctuary Homes, Onward Homes, Great Places Housing Group, Plus Dane Housing, and Your Housing Group. Without a current valuation, you cannot proceed with staircasing to increase your ownership share.

Our surveyors can value all types of shared ownership properties including flats, terraced houses, semi-detached houses, and detached houses. We have experience valuing properties across the CW5 area, from modern new-build apartments in developments like Wychwood Park, The Pastures, and Malbank Gardens to Victorian and Edwardian terraced properties in Nantwich town centre. We also regularly value period properties in the Nantwich Conservation Area and newer family homes in villages like Haslington and Audlem. Whatever type of shared ownership property you own, we can provide an accurate market valuation based on our extensive knowledge of the local area.

Property values in the CW5 area have increased by approximately 1.96% over the last 12 months, with the average property price now at £328,000. Your valuation will reflect current market conditions at the time of inspection, using comparable evidence from properties that have sold in the last 12 months. If values have risen since your initial purchase, this may work in your favour when staircasing or selling your share, as you will receive a higher price for your equity. Conversely, if values have fallen, this may affect the valuation amount. The comparative evidence in your detailed report will clearly show how your property's value compares to similar properties that have recently sold in the local Nantwich and CW5 area.

When booking your shared ownership valuation, you should have your lease documents to hand, as these contain important information about your property including the lease term, remaining years, and any restrictions. You should also know your current share percentage and details of your housing association. Our team will ask for these details when you book to ensure the surveyor has all the necessary information for a thorough valuation. If you have any previous survey reports or renovation documentation, these can also be helpful for the surveyor to review during the inspection.

While a shared ownership valuation focuses primarily on determining the market value of your property, our surveyors will note any significant defects or issues observed during the inspection that may affect value. For properties in the CW5 area, this may include signs of subsidence related to the clay soils, flood risk for properties near the River Weaver, or maintenance issues common in older properties in Nantwich town centre. If significant structural issues are identified, we may recommend a RICS Level 3 Survey for a more detailed structural assessment. The valuation report will include these observations where they are relevant to the market value.