Residential valuation

Our residential valuation team of RICS registered valuers specialises in the provision of valuations for a broad range of clients including property companies, a wide range of banks, lenders, funds and private individuals and trusts.

We specialise in the valuation of high value single unit flats & houses, multiple unit rental investments, larger scale residential investment portfolios as well as development schemes ranging from single unit projects up to larger scale residential-led developments.

We cover a broad range of lot sizes, with single unit valuations ranging in value from £1 million – £85 million, through to larger residential investment portfolios and developments ranging from £2 million – £300 million plus.

Our geographical coverage spans Greater London and the Home Counties, with a particular focus on the prime central London market.

We pride ouselves in providing comprehensive reporting with proper rationale and explanations. Whatever your valuation requriements and priorities, we will provide you with a seamless, integrated service that gives you the trusted advice you need.

We undertake valuations for a wide variety of purposes, including financial accounting, secured lending, tax, leasehold reform, internal accounting, acquisition and audit purposes.

Latest residential research

Research Residential

Forecasts and outlook Q1 2022

At national level the housing market has so far defied these issues but affordability is starting to look stretched and the expected further rises in inflation and mortgage rates are likely to dampen growth.
Research Residential

Wider South East Q1 2022

Both sales and rental values continued to grow strongly across the wider South East in Q1.
Research Residential

London sales and rental review Q1 2022

sales market saw further price growth in Q1, but at a slower rate than the rest of the country.
Research Residential

UK economic outlook Q1 2022

The economic recovery stuttered in Q1 due to another Covid variant, although many measures are back to their pre-pandemic levels.
Research Residential

Development review Q1 2022

So far 2022 has been business as usual for housebuilding, with output very much in line with recent trends both nationally and in London.
Research Residential

UK rental market Q1 2022

The rental market started 2022 much as it left 2021, with demand well ahead of supply in all regions, rental growth over 10%, and huge competition for properties.
Research Residential

UK Sales review Q1 2022

Demand remained ahead of supply in Q1, leading to high levels of activity and price growth continuing the trends from 2021.
Research Residential

UK economic outlook Q4 2021

The economy grew steadily in Q4 as it continued to recover from pandemic restrictions, with employment data also looking good.
Research Residential

Forecasts & Outlook Q4 2021

The economy continues to recover and GDP finally returned to pre-pandemic levels in Q4. More expansion is expected in 2022, but cost of living pressures are likely to limit growth in the short term.
Research Residential

Wider South East Q4 2021

House prices and rents across the wider South East grew strongly in Q4, with annual increases of around 10% – in line with the national picture.
Research Residential

London sales & rental review Q4 2021

The sales and rental markets in London both showed strong growth in Q4, but overall have not quite kept pace with the rest of the country through the pandemic period.
Research Residential

Development review Q4 2021

The end of 2021 saw housing supply broadly continuing in line with recent trends at national level and in London, having now recovered to pre-pandemic levels but, unlike second hand market activity, not surpassed them.
Research Residential

UK rental market Q4 2021

Rental growth was very high in 2021, as high as 10% at national level on Rightmove’s index. This is driven by demand continuing to outstrip supply across most regions, property types and price points.
Research Residential

UK sales market Q4 2021

Q4 was the first quarter for over a year with no stamp duty discount available, but the sales market maintained momentum and finished the year with double-digit price growth. Transactions have so far avoided the steep drop off expected in some quarters, despite shortages of stock for sale.
Research Residential

Wider South East Q3 2021

High levels of house price growth were seen in both the sales and rental markets of the wider South East in Q3, continuing the trend seen throughout 2021 so far.
Research Residential

UK economic outlook Q3 2021

There was a stop-start nature to the economic recovery in Q3, with shortages of labour and materials taking over from pandemic restrictions as the main drag on growth.
Research Residential

Forecasts & outlook Q3 2021

The economy is recovering ahead of the initially expected schedule and, while this should continue next year, there are risks that supply chain and labour issues could push inflation well above target.
Research Residential

UK development review Q3 2021

More of the same for the development statistics in Q3 as pre-pandemic levels of output continue both at national and London level.
Research Residential

UK rental review Q3 2021

The rental market recovery strengthened further in Q3, with high demand and low supply conditions continuing across the country.
Research Residential

UK sales review Q3 2021

The high demand and relatively low supply environment persisted in Q3, meaning more house price growth and continuing high levels of activity as buyers competed over available homes.
Research Residential

London sales & rental review Q3 2021

The London rental market was very strong in Q3, across both the prime and mainstream sectors, as demand increased significantly due to returning office workers and the usual seasonal boost from students and graduates.
Research Residential

Forecasts & outlook Q2 2021

UK house price growth is expected to continue, but at a slower pace after a very strong start to the year. The momentum built up is such that falls are not anticipated, even as Government employment support schemes are withdrawn.
Research Residential

Wider South East Q2 2021

The wider South East is seeing strong house price and rental growth in 2021, outperforming London but broadly in line with national trends.
Research Residential

London sales & rental review Q2 2021

The mainstream London sales market has held up well through the pandemic but is lagging the very strong growth seen in other regions. Its rental market is weaker but showing signs of recovery.
Research Residential

UK economic outlook Q2 2021

The recovery continues but the economy remains smaller than before the pandemic and a range of risks persist.
Research Residential

UK development review Q2 2021

Housebuilding in Q2 continued in line with pre-pandemic trends at national level. London saw stronger performance, boosted by the improving lettings market driving a recovery in activity in the Build to Rent sector.
Research Residential

UK rental review Q2 2021

Rents hit record highs again in Q2 at national level and, while the split between London and other regions continued, there were signs that demand in city centres is recovering.
Research Residential

UK sales review Q2 2021

At national level the sellers’ market continues, with high demand and relatively low supply pushing up prices and turnover. Most of the benefit of the stamp duty holiday has gone, but other factors such as higher levels of savings, low interest rates, and lifestyle re-evaluation continue to drive activity.
Research Residential

Forecasts & outlook Q1 2021

UK house price growth is likely to slow in the second half of the year as the Stamp Duty holiday reaches its end and government support schemes are withdrawn. Rents in Prime Central London are expected to bounce back slightly this year after a very poor 2020. Next year could see strong growth for both sales and rental values as the London economy, and its global connections, get back closer to normal.
Research Residential

Wider South East Q1 2021

The wider South East saw strong house price growth in Q1, and the average time taken to rent a property reached record lows. The pandemic may be impacting the locations people choose, perhaps leaving traditionally popular commuter towns overlooked.
Research Residential

Prime Central London Q1 2021

Prime Central London sales values continued to fall in Q1, but transaction numbers and stock levels were up on the same period last year which suggests increased confidence in the market. The rental market is still weak, but sentiment has improved relative to late last year.
Research Residential

Greater London sales & rental review Q1 2021

Annual house price growth is positive in Greater London, at above 4%. But transaction levels are below their long-run average and rental growth is negative. Leading indicators show the capital underperforming the rest of England on all three metrics.
Research Residential

Residential development Q1 2021

K residential development output appears to have fully recovered, albeit recent activity has not made up for the drop in supply in Q2 2020. New build sales and development activity in London remains slow, but agents and developers are positive about the longer-term outlook.
Research Residential

UK rental review Q1 2021

The UK lettings market started 2021 in robust fashion, with sentiment in Q1 pointing towards higher demand and price growth. There is, however, growing evidence of a potentially significant problem with arrears in the private rented sector.
Research Residential

UK sales review Q1 2021

A year on from the first lockdown and the UK housing market continues to defy the negative economic news, with values up again in Q1 and activity remaining strong. On an annual basis prices are up 5.7% according to the Nationwide index, and mortgage approvals in February were 20% higher than the same month a year ago.
Research Residential

UK economic outlook Q4 2020

The restrictions due to the second lockdown – the so-called ‘circuit-breaker’ – caused a further fall in GDP in November, 2.6% below the previous month. On an annual basis, output has fallen 8.9%, and is currently 8.5% below the pre-pandemic level (February 2020).
Research Residential

Forecasts & outlook Q4 2020

The table below shows Experian’s latest house price forecasts for Cluttons, all based on their latest central economic scenario of GDP returning to end-2019 levels in early 2023 – this is a slower recovery than expected last quarter.
Research Residential

Prime Central London Q4 2020

There were further decreases for sales values and rents in Q4, according to Cluttons Prime Central London Index, shown in Figure 1. Although the pace of quarter-on-quarter decreases slowed, the annual falls reached 13.2% for sales and 17.8% for rents.
Research Residential

Wider South East Q4 2020

The wider South East saw strong price growth in Q4, in line with the performance of the UK market, according to the Nationwide indices.
Research Residential

London development Q4 2020

Q4 was a slower one for new build sales and development activity in London, with all three main metrics lower than Q4 2019, according to the latest data from Molior, shown in Table 1. Molior’s January report noted distinct patterns of behaviour across 2020’s four quarters, not all driven by the pandemic.
Research Residential

Greater London sales & rental review Q4 2020

In terms of sentiment 2020 was a case of London vs. the rest, with stories of buyers keen to move to larger homes in the country now they can, or must, work from home and avoid the commute.
Research Residential

England residential development Q4 2020

Q4 saw the residential development sector try to make up lost ground from the first lockdown, partially succeeding.
Research Residential

UK rental review Q4 2020

After much volatility in Q2 and 3, sentiment in the national lettings market (outside London) settled back towards pre-pandemic trends in Q4, despite continuing lockdown restrictions.
Research Residential

UK sales review Q4 2020

on where they started, according to the main indices (+7.3% Nationwide, +6.0% Halifax).
Research Residential

UK residential sales review Q3 2020

strong summer, defying the economic weakness caused by the COVID-19 lockdown and continuing restrictions. The third quarter of 2020 saw recovering activity levels and price increases, according to the main indicators.
Research Residential

London development Q3 2020

Activity levels in the London development market bounced back strongly in Q3 across all three main metrics (starts, completions and sales), according to Molior data as shown in Table 1. This suggests the impact of lockdown was short-lived and contained to the previous quarter.
Research Residential

Greater London sales & rental review Q3 2020

Much of the commentary around London property in the pandemic has suggested that increased working from home and a desire for more space – particularly gardens – could really reshape the market as people and businesses abandon the city.
Research Residential

UK development overview Q3 2020

We saw last quarter that residential development activity quickly recovered to pre-pandemic levels once sites were able to open up again.
Research Residential

Forecasts & outlook Q3 2020

Experian’s latest house price forecasts for Cluttons are shown in the table below, based on their central economic scenario of a ‘delayed V-shape’, which sees UK GDP recover to pre-pandemic levels at the start of 2022.
Research Residential

Prime Central London Q3 2020

The Cluttons Prime Central London Index, shown in Figure 1, reported that sales values in PCL were 8.4% lower in Q3 2020 than a year earlier, the seventeenth consecutive quarter of annual price falls.
Research Residential

UK economic outlook Q3 2020

The economic data reported since our last update appears to have finished off any hopes of a ‘V-shaped’ recovery.
Research Residential

UK rental review Q3 2020

The national lettings market continued its post-pandemic recovery in Q3, apart from in London where high supply and low demand continued to put downward pressure on rents.
Research Residential

Wider South East Q3 2020

tracking the national average for several years, whereas London has seen more volatility, according to the Nationwide indices.
Research Residential

Forecasts & outlook Q2 2020

PCL values set to bounce back next year but UK recovery delayed until 2022. Will Brexit and potential tax reform throw things off course?
Research Residential

Wider South East Q2 2020

Stamp Duty holiday and desire for space see interest rise across wider South East.
Research Residential

UK rental review Q2 2020

Rental market bounces back but outlook is mixed as increases in remote working and studying could limit demand in some sectors.
Research Residential

Greater London sales & rental review Q2 2020

London’s rental market set to struggle while buyer demand remains robust despite stretched affordability – and is given further boost by Stamp Duty holiday.
Research Residential

Prime Central London Q2 2020

Rental and sales values dip across all Prime Central London areas but activity continues where buyer and seller expectations are aligned.
Research Residential

London development Q2 2020

Sales and construction hit by pandemic in Q2 but latest completions data is more positive.
Research Residential

UK economic outlook Q2 2020

Slow initial recovery and scale of government support suggest difficult time ahead for economy.
Research Residential

UK development overview Q2 2020

Housebuilding sites reopen and developers get boost from increased planning flexibility.
Research Residential

UK sales review Q2 2020

Early indicators suggest post-lockdown surge for sales market, but how long can it be sustained?
Research Residential

Prime Central London review Q1 2020

Initial research suggests activity in Prime Central London (PCL) will be particularly affected by COVID-19, but discretionary buyers and sellers may help the market recover quicker than other parts of the UK.
Research Residential

Residential London review Q1 2020

As COVID-19 stalls sustained price growth in Greater London, we review recent data indicating already decelerating growth in high-value locations.
Research Residential

UK residential forecast Q1 2020

The extent and duration of the health and economic crises caused by COVID-19 are still unknown, casting a shadow over the economy.
Research Residential

UK Home Counties review Q1 2020

Sales market sees values across all counties close to flat over the past year, with activity slightly down overall.
Research Residential

London residential development Q1 2020

The pandemic introduces additional risks to the Central London new build market, on top of its general impact.
Research Residential

UK residential development review Q1 2020

As many sites’ shutdown at the start of lockdown, new build development is subject to the twin effects of an uncertain economy and the physical disruption.
Research Residential

UK rental review Q1 2020

As new landlord instructions and rent expectation figures drop to their lowest ever levels, how will rents be impacted later in the year?
Research Residential

UK economic outlook Q1 2020

Initial data measuring the economy post-shutdown suggested a large impact. But as the Coronavirus pandemic continues, the Government’s unprecedented response gives hope that that the outcome will be better than initially expected.
Research Residential

UK residential sales review Q1 2020

At the end of 2019, the UK’s housing markets were starting to emerge from a long period of ‘wait and see’. By January, UK sales expectations were the highest they’d been since the end of 2015. But before the quarter ended, COVID-19 brought transactions levels to an immediate halt. Here, we assess the potential impact on housing throughout the rest of the year.
Research Residential

Residential market outlook, September 2019

Price corrections leading to an increase in buyer enquiries.
Research Residential

Residential market outlook June 2019

Brexit continues to dominate the headlines. Resilient buyers sought to close deals across the capital before the 29 March deadline, others are watching and waiting for a clarity and certainty that, despite the extension, remains elusive.
Research Residential

London residential market outlook winter 2018/19

Cluttons has released its Winter 2018/19 Residential Market Outlook report.

Meet the team

Contact

If you do not wish to receive further communications from us, please email [email protected] More details on how to opt out can be seen in our Privacy Policy.

Philip Cazenove

Partner

T +44 (0) 20 7647 7089
Contact

If you do not wish to receive further communications from us, please email [email protected] More details on how to opt out can be seen in our Privacy Policy.

Contact

If you do not wish to receive further communications from us, please email [email protected] More details on how to opt out can be seen in our Privacy Policy.

Simon Harding

Partner

T +44 (0) 20 7647 7269
Contact

If you do not wish to receive further communications from us, please email [email protected] More details on how to opt out can be seen in our Privacy Policy.

Einar Roberts

Partner

T +44 (0) 20 7647 7128

Related services

Building consultancy

At every stage of your property’s lifecycle, and whatever the asset class, we protect your interests with our in-depth, specialist experience and knowledge of construction, building pathology,…

Development advisory & agency

We deliver comprehensive, end-to-end strategic development services, tailored to your needs and underpinned by in-depth market knowledge and expertise.

New homes

Our dedicated new homes and residential development consultancy teams act for clients, ranging from FTSE listed house builders through to niche developers, throughout the UK. To explore your…

Residential asset management

Maximising the performance of your residential and mixed-use property portfolios is central to what we do. Whether seeking a full management service, including planning, valuation and asset…