Valuations

Pre-Sale Valuation

We provide valuations, with a view to sale, without charge. Our auctioneer and valuer David Elstob will be delighted to meet you at your property or the saleroom, where he will advise you on the values and, importantly, the appropriate type of sale for each item in order to maximise the value. Please call the office on 01833 690545 or e-mail david@addisons-auctioneers.co.uk

Probate Valuation – Services for Executors

OUR SERVICE

Solicitors and executors acting on behalf of a deceased estate are often required to commission an independent “probate valuation” of art, antiques and other personal effects in order to assess inheritance tax (IHT) liability with HM Revenue & Customs (HMRC).

Addisons regularly carry out probate valuations of chattels, in accordance with Section 160 of the Inheritance Tax Act 1984, and deal directly with executors to help arrange a probate valuation of the deceased’s estate. All IHT valuations are HMRC compliant and our probate valuations are prepared quickly and discreetly by a specialist valuer.

We also advise executors and trustees on sale at auction and private treaty sales.

Our fees are very competitive and can be agreed before any work is carried out. 

OTHER SERVICES 

After probate is granted the executors may decide to sell items from the estate. House clearance can be arranged with our recommended removal firm and the items consigned to us for sale. We will advise which sale type is appropriate for the items. 

Insurance Valuation 

We provide professional insurance valuation reports of fine art, antiques and other possessions to ensure all your belongings are fully covered. 

We offer two different types of art and antiques insurance valuation: 

WALK THROUGH VALIDATION SERVICE 

One of our experts will make a short visit to the property to complete a list and take photographs of any appropriate possessions in order to assess the total value of your belongings. 

This service can be carried out for a competitive fixed fee which is agreed in advance. Our fees are transparent with no hidden costs. 

FULL INVENTORY VALUATION 

Our valuers provide a comprehensive inventory of your possessions to ensure you are fully covered and paying the correct levels of premium. 

A detailed art and antique insurance inventory will be undertaken on a room by room basis, which eases identification in case of a loss. 

Documents can be supplied in PDF format as well as hard copy with colour thumbnail photographs included. 

We can introduce a specialist broker for High Net Worth individuals. 

Family and Matrimonial Division 

We provide impartial open market valuations to assist in the equitable division of personal goods and chattels between family members and other beneficiaries for estate or matrimonial purposes.

To discuss any of the above contact our valuer David Elstob MA on 01833 690545 or e-mail david@addisons-auctioneers.co.uk

 
 
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