Loft / Roof Space Valuation

Many flat owners consider converting lofts/roof spaces or building over flat roofs to provide additional floor area or external terraces to expand their home and increase the value of the property.

Often, the loft space is not included within the lease so a leaseholder has to approach the freeholder to purchase the space. Sometimes, although the lease includes the loft there is an absolute ban on alterations and the freeholders consent will have to be bought.

At this point, the parties concerned need to a loft/roof space valuation to establish the premium (price) payable to the freeholder to acquire the space or to obtain the consent.

The leaseholder and the freeholder may obtain their own, separate, valuations but often it is far simpler and more cost effective to commission a single valuation on a jointly instructed basis.

Loft / Roof Space Valuation

Many flat owners consider converting lofts/roof spaces or building over flat roofs to provide additional floor area or external terraces to expand their home and increase the value of the property.

Often, the loft space is not included within the lease so a leaseholder has to approach the freeholder to purchase the space. Sometimes, although the lease includes the loft there is an absolute ban on alterations and the freeholders consent will have to be bought.

At this point, the parties concerned need to a loft/roof space valuation to establish the premium (price) payable to the freeholder to acquire the space or to obtain the consent.

The leaseholder and the freeholder may obtain their own, separate, valuations but often it is far simpler and more cost effective to commission a single valuation on a jointly instructed basis.

Why Get a Loft / Roof Space Valuation?

Whether you are a freeholder or a leaseholder, valuing a loft space is not straightforward so it is always advisable to instruct a Chartered Surveyor familiar with such matters.

The team at Capital Chartered Surveyors have many years of experience undertaking loft/roof space valuations and can explain and simplify the process.

Where the valuation is instructed by either a leaseholder or a freeholder only, we also offer negotiation services if required.

If you have any questions in respect of this type of valuation please call us on 020 8875 0035 for a free initial discussion.

Loft / Roof Space Valuation Summary
  • We inspect the subject flat internally in detail, within every room and the accessible roof space.
  • The property is measured and photographed.
  • Detailed research on comparable evidence is undertaken as required to establish the potential increment in value attributable to the proposed conversion.
  • We consider any plans and costings provided making adjustments where necessary for the purposes of the valuation.
  • Calculations are then undertaken to establish the amount by which any potential increment in value exceeds likely costs to arrive at a divisible balance.
  • A detailed written report is provided.
  • Post valuation support is provided by phone and email.
Areas Covered Include:
  • Acton W3
  • Balham SW12
  • Barnes SW13
  • Battersea SW11
  • Bayswater W2
  • Belgravia SW1
  • Belsize Park NW8
  • Bow E3
  • Brixton SW2
  • Camden N1
  • Chelsea SW3, SW10
  • Chiswick W4
  • Clapham SW4
  • Clerkenwell EC1
  • Crystal Palace SE19
  • Ealing W5, W7, W13
  • Earls Court SW5
  • Finsbury N4
  • Fulham SW6
  • Hammersmith W6
  • Hampstead NW3
  • Highgate N6
  • Holland Park W11
  • Islington N1
  • Kennington SW8
  • Kensington SW7
  • Kilburn NW6
  • Maida Vale W9
  • Marylebone NW1
  • Mayfair W1
  • Notting Hill W11
  • Oval SW8
  • Pimlico SW1
  • Putney SW15
  • Raynes Park SW20
  • Richmond TW9
  • Sheen SW14
  • Shepherds Bush W14
  • Southfields SW18
  • St John's Wood NW8
  • Stockwell SW8, SW9
  • Streatham SW2, SW16
  • Tooting SW17
  • Vauxhall SW8
  • Victoria SW1
  • Wandsworth SW18
  • Westminster SW1
  • Wimbledon SW19
Postcodes covered include:
  • SW1-SW20
  • W1-W14
  • SE1-SE27
  • NW1-NW6
  • N1-N22
  • WC1 & WC2
  • EC1-EC4
  • E1-E20
  • KT1-KT10
  • TW9 & TW10
  • CR0-CR8

If you would like to get FREE Advice or a quote for our services then call 020 8875 0035 or click the button below and we'll get right back to you.