MILES / Property Valuation
Property Valuation
A clear assessment of property interests, market evidence and value.
Discuss Property Valuation
A property assessment needs to reflect the interest being valued, its location, permitted use, tenancy arrangements and relevant market conditions. Establishing these matters early helps align the valuation with its intended purpose.
MILES provides property valuations for acquisitions and disposals, financial reporting, listing and transaction disclosures, tax planning and internal reference, explaining the valuation basis and principal assumptions.
When should you speak with us?
- You are acquiring, selling or transferring property or a property-holding business.
- You require a property valuation for financial reporting or a transaction circular.
- You are reviewing property values for restructuring, planning or internal management purposes.
How we help
Define the property interest
Confirm the property, valuation date, ownership or leasehold interest and purpose, including any relevant restrictions.
Review documents and property characteristics
Review title and tenancy information, location, use and condition. Agree inspection arrangements and identify matters requiring further evidence.
Analyse the market
Consider relevant transaction, rental and other market evidence and select methods suited to the property and purpose.
Explain the valuation
Provide the results, valuation assumptions and relevant limitations, and respond to valuation questions within scope.
What information is typically required?
- Property address, location plans, floor area and use
- Title or ownership documents and relevant restrictions
- Tenancy agreements, rent schedules and occupancy information
- Property condition, photographs, access arrangements and previous reports
The information request will be tailored to the purpose and scope. If your records are incomplete, we can first discuss preparation priorities.
Frequently asked questions
Is market value the same as the property’s book value?
They serve different purposes. Book value depends on the accounting basis and historical records; a valuation considers the specified basis and evidence at the valuation date.
Can overseas property be included?
Please provide the location and property details first. We will confirm whether the location, available evidence and project requirements can be covered before agreeing the scope.
Plan your property valuation work
Share your objectives, the assets or businesses involved, available information and expected timetable. We will discuss the scope, preparation priorities and next steps with you.
Enquire About Property Valuation