RICS Red Book valuations for shared ownership properties in the New Forest








If you own a shared ownership property in East Boldre and are looking to staircase, sell your share, or remortgage, you will need a RICS Red Book valuation. This is a formal assessment carried out by a qualified surveyor which determines the current market value of your property and the percentage equity you own. Whether you are a first-time buyer who purchased through a housing association or have been a shared owner for several years, our valuations provide the official documentation you need for your transaction. We have helped numerous shared owners in the New Forest navigate the staircasing process and achieve fair market valuations for their properties.
East Boldre is a charming village nestled within the New Forest National Park, where property values reflect the area's unique rural character and limited supply. With an average property price of £728,154 and only 14 property sales in the past 12 months, the East Boldre market operates with significant scarcity. Our local valuers understand these market dynamics and will provide an accurate valuation that reflects both your property's individual characteristics and the broader New Forest property landscape. We maintain a database of all recent sales in the village and surrounding areas, allowing us to make informed comparisons even in this quiet market.
The New Forest location brings specific considerations to shared ownership valuations that differ from urban areas. Properties in East Boldre often feature traditional construction methods including brick with render, timber framing, and locally sourced stone, reflecting the area's heritage. Many homes date back to the pre-1919 period, with 30.6% of the housing stock in this age category, meaning our valuers must account for period features, potential listed building status, and the need to balance modern improvements with respect for original characteristics. Our team has extensive experience assessing properties across all age ranges, from historic cottages to modern post-1980s builds which make up 23.1% of local housing.

£728,154
Average House Price
£925,000
Detached Properties
£485,000
Semi-Detached Properties
£400,000
Terraced Properties
-1.0%
12-Month Price Change
14
Properties Sold (12 months)
A shared ownership valuation differs significantly from a standard mortgage valuation. When you are staircasing - purchasing additional shares in your property - the housing association requires an up-to-date valuation to determine how much extra equity you can buy and what the new monthly rent will be. Similarly, when selling your share on the open market, prospective buyers will need confirmation of the property's full market value and your specific share value. Our RICS-registered valuers provide the independent assessment that satisfies all housing association requirements, including Sovereign Housing Association, Aster Group, and Vivid Homes who operate in the wider New Forest area. We understand the specific requirements of each provider and can tailor our reports accordingly.
The New Forest location brings specific considerations to shared ownership valuations. Properties in East Boldre often feature traditional construction methods including brick with render, timber framing, and locally sourced stone. Many homes date back to the pre-1919 period, with 30.6% of the housing stock in this age category. These older properties can present unique valuation challenges due to their character features, potential for listed building status, and the need to account for modern improvements while respecting original characteristics. Our valuers are experienced in assessing properties across all age ranges, from historic cottages to post-1980s builds which make up 23.1% of local housing.
The geology of East Boldre also plays a role in property valuations. The area sits on Tertiary sediments including London Clay and other clay formations, creating a moderate to high shrink-swell risk. This can affect foundation stability, particularly for properties with shallow foundations or those near the mature trees common throughout the New Forest. Our valuation reports will note any visible signs of subsidence or movement that could impact the property's value, ensuring all parties have a complete picture of the property's condition. We have identified foundation concerns at several properties in the area, and our reports flag these issues prominently so that buyers and housing associations can make informed decisions.
Shared ownership valuations may also be required for inheritance or probate matters when a shared owner passes away, or in dispute resolution scenarios between co-owners. In these situations, having an independent RICS valuation provides the authoritative figure needed for legal proceedings or family settlements. Our valuers understand the sensitivity required in these situations and can provide clear, comprehensive reports that stand up to scrutiny.
Source: Market data 2024
When you purchased your shared ownership property, you bought a percentage share while paying rent on the remaining portion. The total property value determines both your initial investment and the ongoing costs. In East Boldre's market, where detached properties average £925,000, understanding your exact equity position is crucial for financial planning. A 40% share in a detached property, for example, would represent approximately £370,000 of equity, with the remaining 60% remaining with the housing association. This means staircasing to 50% or beyond is a significant financial commitment that requires accurate valuation data.
Our valuers calculate the full market value using comparable sales data, taking into account East Boldre's limited transaction volume of just 14 sales in the past year. This scarcity factor is significant - with only a handful of properties changing hands, each sale carries more weight in determining market value. We also consider the property's condition, location, and any improvements you have made since purchase. The resulting valuation report provides the official documentation you need for any shared ownership transaction. We have built relationships with local estate agents in Brockenhurst and Lyndhurst to ensure we have access to the latest market intelligence.
It is worth noting that the rent you pay on the unowned portion is typically linked to the property value, meaning a higher valuation results in higher rent but also means your accumulated equity is worth more. Our reports break down these figures clearly, helping you understand the full financial picture of your shared ownership arrangement. We can explain how staircasing will affect your monthly outgoings and your long-term financial position.

Choose a convenient date and time for your valuation. We offer flexible appointments throughout East Boldre and the wider New Forest area, including early morning and weekend slots to accommodate working schedules. Simply use our online booking system or call our team directly to arrange a suitable time.
Our RICS-registered valuer will visit your property to assess its condition, size, and features. The inspection typically takes 30-60 minutes depending on property size and complexity. During the inspection, we will photograph key features, measure floor areas, and note any alterations or improvements you have made since purchasing the property.
We compare your property against recent sales in East Boldre and the surrounding New Forest villages, adjusting for differences in size, condition, and features. Given the limited sales in East Boldre (only 14 in the past year), we may also consider sales in nearby villages like Brockenhurst and Lyndhurst to ensure our valuation is robust. We adjust for the unique characteristics of properties within the New Forest National Park.
Your formal RICS Red Book valuation report is usually delivered within 3-5 working days of the inspection, ready for submission to your housing association or mortgage lender. The report includes the property's full market value, your equity share value, and detailed comparables used in our assessment. We can also send the report directly to your housing association if required.
East Boldre's position within the New Forest National Park creates a unique property market. The area benefits from outstanding natural beauty, excellent walking routes, and a peaceful rural lifestyle, but development is strictly controlled. This planning constraint means new shared ownership developments are rare in East Boldre itself, with opportunities more likely to appear in larger New Forest villages like Brockenhurst or Lyndhurst. The scarcity of supply supports property values, but also means fewer comparable sales data points for valuation purposes. We maintain records of all transactions in the village going back several years to build a comprehensive picture of market trends.
Properties in East Boldre face several environmental considerations that can impact valuations. The village has areas at risk from fluvial flooding and surface water flooding, particularly near the streams and watercourses that feed into the Beaulieu River system. If your property lies in a flood zone, this will be noted in the valuation report and may affect mortgageability. Additionally, the clay geology means properties with large trees nearby should be checked for foundation movement. Our valuers are familiar with these local issues and factor them into their assessments. We have identified several properties in the area where tree proximity has caused foundation issues, and we know which locations are most affected.
The predominant construction materials in East Boldre include traditional brick (often rendered), timber framing, and local stone. Roofs are typically pitched with clay or concrete tiles, or slate. Approximately 31.5% of properties were built between 1945 and 1980, meaning many homes will have cavity wall construction, while older properties use solid wall methods. These construction types can affect insulation efficiency and thermal performance, which increasingly influences both value and mortgageability. Properties with outdated electrical systems, poor insulation, or old heating systems may require remedial work that affects the valuation figure. Many properties in East Boldre still rely on oil-fired central heating or even older systems, which can be a consideration for modern buyers.
The village's population of 1,061 residents across 462 households creates a close-knit community feel. Many residents commute to larger towns like Lymington, Brockenhurst, or Southampton for work, making transport links an important factor in property values. The B3054 road through East Boldre provides access to the coast and main railway stations, while the proximity to Brockenhurst station (approximately 4 miles away) is a key selling point for commuters. Properties closer to these transport links often command a premium in our valuations.
If you are staircasing, remember that housing associations often require the valuation to be less than 3 months old. Book your valuation early in the process to avoid delays. Also check whether your housing association has specific panel requirements for valuers - we work with all major providers in the New Forest area including Sovereign, Aster, Vivid, and Stonewater.
Our team of RICS-registered valuers has extensive experience in the New Forest property market. We understand that East Boldre is a small village with just 462 households and a population of 1,061 residents, meaning local market knowledge is essential for accurate valuations. We track all property sales in the area and maintain relationships with local estate agents and housing associations to ensure our valuation methodology reflects current market conditions. Our valuers have personally inspected hundreds of properties across the New Forest, giving us unmatched local expertise.
We regularly value properties across all tenure types, including those managed by housing associations active in the New Forest area. Whether your property is owned through Sovereign Housing Association, Aster Group, Vivid Homes, Stonewater, or another provider, our reports meet the requirements specified in your lease agreement. We understand the staircasing formulas used by different housing associations and can provide additional guidance if needed. Our team can explain how your particular housing association calculates the additional equity purchase price and what documentation you will need.
The New Forest tourism and equestrian industry also influences property values in East Boldre. Many properties in the area have land or stabling facilities that add significant value, and our valuers know how to account for these features appropriately. Whether your property includes paddocks, stables, or outbuildings, we have the expertise to factor these into the valuation accurately. We have valued several properties with equestrian facilities in the village and understand the premium these features command in the local market.

A shared ownership valuation is a RICS Red Book valuation that determines the full open market value of your property. Our valuer inspects the property inside and out, measures the floor area, notes the condition and any improvements, and compares against recent sales in the area. The report provides the property's total value, which is used to calculate your specific equity share value for staircasing or resale purposes. We also note any issues that might affect mortgageability, such as flood risk or structural concerns, so all parties have a complete picture.
Our shared ownership valuations in East Boldre start from £250 for standard properties. The exact fee depends on property size, type, and complexity. Larger detached properties like those averaging £925,000 in East Boldre, or those with extensive grounds, outbuildings, or complex settings will be at the higher end of the scale. Flats are generally at the lower end. We provide clear, no-obligation quotes before booking, so you know exactly what to expect. The fee includes the inspection, market research, and delivery of your formal report.
The property inspection itself typically takes 30-60 minutes, depending on the size and complexity of your property. We then deliver the written report within 3-5 working days of the inspection. If you need the report urgently, we offer an expedited service that can deliver your valuation within 2-3 working days for an additional fee. Please discuss your timeline when booking, and we will do our best to accommodate your needs.
Yes, our RICS Red Book valuations are accepted by all housing associations for staircasing purposes. This includes providers such as Sovereign Housing Association, Aster Group, Vivid Homes, and Stonewater who operate in the New Forest area. Just let us know which housing association you are dealing with and we will ensure the report format meets their specific requirements. We have experience working with all the major housing associations in the region and understand their particular documentation needs.
A lower valuation than anticipated can happen, particularly in a market with limited transactions like East Boldre (only 14 sales in the past year). For staircasing, this actually means purchasing additional equity will cost less than you might have expected. For resale, it affects the price you can achieve for your share on the open market. If you disagree with the valuation, you can request a review or obtain a second opinion from another RICS valuer. We always provide detailed comparables in our reports so you can see exactly how we reached our figure.
We value all types of shared ownership properties in East Boldre, including houses, bungalows, and flats. We have experience with properties across all age ranges, from period cottages built pre-1919 (30.6% of local stock) to modern post-1980s builds. We also understand the unique considerations for listed buildings and properties within the New Forest National Park, including properties with protected views or historical features. Our team has the expertise to assess properties with unusual construction methods or character features that are common in the village.
Our valuation includes a visual inspection of the property's condition. We will note any visible structural issues such as subsidence, damp, timber defects, or roof problems that could affect the property's value or mortgageability. Given the clay soil in East Boldre, we pay particular attention to signs of foundation movement, especially near mature trees. However, this is not a full building survey. If significant structural concerns are identified, we may recommend a more detailed RICS Level 3 Building Survey before proceeding with your shared ownership transaction.
East Boldre has areas at risk from fluvial and surface water flooding, particularly near the streams feeding into the Beaulieu River system. If your property is in a flood zone, this will be clearly noted in our valuation report. Some mortgage lenders may have specific requirements for properties in flood risk areas, so it is important to be aware of this before proceeding with staircasing or resale. We recommend discussing any flood risk concerns with your mortgage advisor or lender early in the process.
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RICS Red Book valuations for shared ownership properties in the New Forest
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Homemove is a trading name of HM Haus Group Ltd (Company No. 13873779, registered in England & Wales). Homemove Mortgages Ltd (Company No. 15947693) is an Appointed Representative of TMG Direct Limited, trading as TMG Mortgage Network, which is authorised and regulated by the Financial Conduct Authority (FRN 786245). Homemove Mortgages Ltd is entered on the FCA Register as an Appointed Representative (FRN 1022429). You can check registrations at NewRegister or by calling 0800 111 6768.