Valuations
Accounting Valuations
Professional Accounting Valuations Across London
Businesses and organisations that hold property on their balance sheet need accurate, well-evidenced valuations for financial reporting, auditing, and compliance purposes. Our Accounting Valuations in London provide RICS-compliant assessments prepared in accordance with relevant accounting standards, giving finance teams, auditors, and boards the property data they need.
At Brookfield Surveyors, we carry out accounting valuations across Central, East, West, North, and South London. Whether your organisation reports under UK GAAP, IFRS, or FRS 102, our Chartered Surveyors deliver valuations that meet the requirements of your auditors and regulators.
professionally, ensuring your mortgage application can progress without unnecessary delays.
Accurate Property Valuations for Financial Reporting
An accounting valuation establishes the value of a property for inclusion in financial statements, using the appropriate basis of value required by the relevant accounting standard. Our surveyors assess key factors including:
- The property’s size, condition, specification, and location
- Comparable sales and lettings evidence
- Tenure, lease terms, and any restrictions
- Occupancy, income profile, and market demand
- Any factors that may affect the property’s carrying value
The result is a clear, well-documented valuation report that meets the requirements of your auditors and supports your financial statements.
RICS-Compliant Valuations by Chartered Surveyors
All accounting valuations are carried out by RICS-qualified Chartered Surveyors in accordance with the RICS Valuation – Global Standards (Red Book). Our reports are:
- Independent and unbiased
- Prepared on the appropriate basis of value (market value, fair value, or existing use value)
- Accepted by auditors, finance directors, and regulators
- Supported by professional indemnity and regulatory oversight
We work with businesses across London to provide valuations that are accurate, well-timed, and fit for purpose.
Why Choose Brookfield Surveyors?
Our Accounting Valuation services in London are suited to:
- Companies holding investment or owner-occupied property on their balance sheet
- Charities and not-for-profit organisations requiring valuations for annual accounts
- Pension funds and property funds requiring periodic asset valuations
- Businesses undergoing audit, restructuring, or refinancing
We understand the reporting timescales and level of precision that finance teams and auditors require. With offices in Central and East London, we provide responsive coverage across the capital.
Accounting Valuation FAQs
What is an accounting valuation?
An accounting valuation is a professional assessment of a property’s value prepared for financial reporting purposes, ensuring the carrying value of a property in a company’s accounts accurately reflects its market value.
What basis of value is used for accounting purposes?
The basis depends on the accounting standard that applies to your organisation. Market value and fair value are commonly used under IFRS and UK GAAP. Existing use value may be appropriate for owner-occupied property in some circumstances. We confirm the correct basis with you before proceeding.
How often should accounting valuations be updated?
Many businesses update property valuations annually. The frequency may be set by your auditors, your accounting policy, or the level of change in the market.
Can you provide portfolio valuations for multiple properties?
Yes. We carry out portfolio valuations for businesses and organisations holding multiple properties, delivering consistent methodology and reporting across all assets.
Are your valuations accepted by auditors?
Yes. Our Red Book-compliant valuations are accepted by major audit firms and regulators as the basis for property values in audited accounts.