Category Archives: valuation of property

Who is the best person to perform the full property valuation process?

These occasional events are designed for interested citizens and members of the public, who are concerned with quality of life in the urban environment. At each salon we will hear from a provocative speaker about their current work. The discussion will then be open to our guests. Light refreshments will be available. The series starts on Tuesday 25th October with David Wilcox on community engagement. The Civic Trust has criticised the government’s position in its response to the Planning for Housing Provision consultation.

Home-Valuation

The Trust does not believe that the proposals in the consultation paper will achieve the stated objective of giving everyone the opportunity of an affordable, decent home in a community where they want to live and work. Housing is constrained by the limited supply of land and new developments by their environmental impact (which is recognised in PPS1). It can’t be treated like washing machines or domestic products. It is a glaring gap that the consultation paper does not deal with rented accommodation. Many people can never afford to buy a home, some have to wait for some years to do so, and others do not want the long-term liability of a mortgage.

The assertion that the current housing shortage can be blamed on the planning system is not backed up by the evidence. There must be recognition of the role of the private sector in holding back development. If the intention of using brownfield land and the protection of Green Belt is to be maintained, the Government must recognise that there will be an increase in urban density. Increased urban densities can be achieved without the need for a dramatic increase in high-rise building.

The paper’s recommendations do not provide a good basis to plan for housing. Hundreds of thousands of people took part in Heritage Open Days 2005 (8-11 September), England’s largest celebration of architecture and culture, with more than 3,000 properties of every style and function opening their doors free of charge. From Kent to Cumbria, visitors of all age groups and backgrounds took advantage of the annual event that invites the public to discover something new and different about their towns, cities and villages. More than 26,000 volunteers were working over the four days to open properties which are not normally accessible to the public, to guide tours, give talks, demonstrate their skills and welcome visitors. More Details Click Here : Valuations SA

Partial Interest Valuation

The success of the late Lord King of Wartnaby is manifested within the splendour of the house, gardens and grounds of his estate in the picturesque Leicestershire countryside. Lord King was one of the most famous British 20th Century aviation industrialists and the tenacious champion of free enterprise who brought British Airways back from the brink of ruin. Wartnaby House is now renowned in the region in its own right for its quintessential English traditional country house gardens that have been painstakingly and immaculately created by Lady King over the past 34 years; the gardens are now open to the public. On behalf of the executors of Lord King’s estate, Knight Frank and Shouler & Sons are selling Wartnaby House and its 75 acre estate at a guide price of £3,750,000.

“There are more gatherings taking a gander at stockpiling toward oneself than there were three prior,” says Marc Boor stein, essential at Chicago, Ill.-based MJ Partners Real Estate Services.

Wartnaby House is a fine example of Arts and Crafts Elizabethan revival. The original house was built in 1865 as the vicarage to the local church and was practically rebuilt in 1934, extended in 1957 and again in 1998. The seven bedroom/ seven bathroom house has a southerly aspect with wonderful views across the terrace, lawn and ha-ha to the parkland beyond. The converted coach house is now a billiard room and library and with a first floor, 3 bedroom flat. Further accommodation has been created for the more noisy guests by converting the Potting Shed into a single storey en-suite bedroom.

This appointment forms part of our ongoing strategy to further expand our offering to our clients, as we will be pulling together the expertise of different parts of the firm and key developments will be promoted across our entire London network thus maximizing the sales and marketing potential.

Charles comments on his appointment: “Prime Central London is currently witnessing some of the largest, most exciting, and high-value residential developments in its history, most notably One Hyde Park, Lots Road, and Chelsea Barracks. This is an exciting role, and I look forward to representing Knight Frank on these premier schemes.”

9 Tips To Acquiring A Successful Property Valuation

Rupert Sweeting at Knight Frank says “Wartnaby lies in the heart of some of the best hunting country in England and, with its immaculately designed and lovingly kept gardens, it is a real gem. It is rare for such a fine house with a parkland setting and such beautiful gardens to come to the market.” With its own cricket pitch, the property would ideally suit a family that loves the outdoors and sporting life, but above all a gardening enthusiast who can do justice to all Lady King’s hard work and talent.” Wartnaby is fabulous estate with a truly special garden.

Expanded its German operations with the recruitment of a well established and leading commercial real estate team to open its second office in Germany.  The most widely recognized however is by taking a gander at comparative properties that are inside the same range of The property under valuation.

The gardens are spectacular and include a formal, ornamental Rose Garden with its impressive collection of old and new roses. This leads on to herbaceous borders and through to a further garden planted with an array of stunning white flowers. Beyond this is the purple-bordered garden and fountain. A preached hornbeam tunnel with hellebores, hosts and alliums leads from the collection of main, formal garden rooms to the well designed orchards, fruit cages, vegetable gardens, tennis court and fountains, all surrounded by cypresses fir trees.

An arboretum has been created behind the Clock House which contains some rare and interesting trees and shrubs. The front lawn looks out over the ha-ha across to parkland beyond. To the front and side of the property lies a Japanese water garden comprising of series of three linked ponds with waterfalls and wooden bridges. Beyond the water garden is a private cricket pitch.

“I anticipate interest in these estates from a large number of British buyers, as well as investors from overseas.” “This is a very unusual opportunity to buy either the whole package or an individual estate which has no crafting, no common grazing, and no let farmland.”All of the ground is in-hand and completely UN spoilt.

Why only property valuer should perform the property valuation process?

The M4 vacancy rate fell from 9.7% to 9.4% in Q4, its lowest level in over four years. Take-up in the M4 has remained strong throughout 2007 with take-up in Q4 totalling 714,672 sq ft a 22% increase on the previous quarter (584,210 sq ft) and well above the long-term average of 424,303 sq ft.

Strong take-up, falling vacancy rates, significant pre-lets and further rental growth underline the current strength in the M4 market which is expected to continue in 2008. It is compulsory to do the full valuation of property for knowing the price of it.

Take-up in 2007 totalled 3,624,965 sq ft well above the long-term average. Active named demand increased during Q4 2007 by 6% to total 7.1m sq ft. Latent demand is currently not being driven by any one sector. Market fundamentals of lease breaks and expiries, consolidation and the upgrading of existing accommodation remain key drivers. This trend is expected to continue in 2008.

The majority of take-up during Q4 involved new and Grade A accommodation which accounted for 87% of total take-up. accounting for 74% (607,427 sq ft). In 2007 the acquisition of new and Grade A accommodation accounted for 82% of all lettings (New; 19% and Grade A; 63%).

Out-of town lettings accounted for 66% of Q4 take-up, with average transactions sizes almost 50% higher than those recorded in the town centre markets (27,137 sq ft OOT compared to 14,481 sq ft in TC). For the whole of 2007 OOT take-up accounted for 65% (2,374,277 sq ft), almost double the amount of accommodation acquired in the TC markets (1,250,688 sq ft).

Supply of large new units of accommodation within the market remains limited with only one unit currently available in excess of 80,000 sq ft. Choice for substantial requirements will remain limited supporting rental growth projections. Overall in the market there remains a limited amount of new accommodation which currently accounts for just 15% of total availability.

This new letting extends the already diverse tenant mix at the centre and will be a great addition to the strong retailer line up we already have in place here. The Hildreds Centre is trading very well in response to demands of the town’s shoppers and we anticipate that the letting will further increase footfall and sales.”

How property valuation process is able to make your house attractive?

Chris Bell, managing director – Europe, Knight Frank said: “One of the first priorities in our European expansion strategy has been to focus on Germany. This is as a result of our clients’ requirements, and the country’s real estate market, economy and size. Coupled with our already well-established Frankfurt office, the opening in Munich, with an exceptionally strong and unrivalled team, will further add to meeting the demands of both our local and global clients.

“It is always paramount to hire the right people who will complement Knight Frank’s values, who know the importance for professional consultancy and of course, the market. The team’s local knowledge will be a significant advantage to our clients. Knight Frank’s tight European network will enhance the cross border activity and bring a crucial competitive advantage.“ quality Dublin and overseas residential property. The 40 plus strong team joined Knight Frank’s European Commercial office network in May 2007.

Rental growth has been achieved throughout each of the M25 quadrants (which excludes Central London) during 2007, according to Knight Frank’s M25 Q4 2007 research announced today.

If we take a look on the services provided by your property utilizing then one thing will be noted in that is they always try to satisfy their clients by providing full help and assistance to their clients and solve their every possible problem they face in the full process of property valuation.

Knight Frank forecasts that further rental growth is expected to continue in 2008 with rental levels within prime locations in key western markets expected to rise by a further 15% including Hammersmith and Reading where prime rents in both centres are forecast to break £40.00 per sq ft and £30.00 per sq ft respectively having already achieved rental growth in excess of 10% over the last 12 months. This is particularly notable given that yields in these centres have moved out by 75-100 basis points over the same period.

Arlington will also be fitting out the premises for Ocado and providing an accommodation services package including cleaning and maintenance to the demise.”Titan Court comprises 6,317 sq m (68,000 sq ft) of offices arranged over four storeys.