C - Red Book Valuation Activities

Q1

Type of Valuation

Please select the types of valuation activities undertaken by your firm. Once you have selected all the activities undertaken by your firm, please state the top five valuation activities in order of importance e.g. 1,2,3,4,5

Please select all types of valuation activity which is undertaken by your firm. You can select as many, or as few, valuation activities as is appropriate to your firm, provided that you select at least one option from the list. If your firm does not undertake any of the activities listed, please select “other”.

For further details of each valuation activity, please see below.

Red Book Valuation Activity

Red Book Valuation Activity	Definition
Commercial Real Estate – Offices	This is Offices within Class B1 of the Town and Country Planning (Use Classes) Order and not A2
Commercial Real Estate – Industrial	This includes warehousing, distribution centres, stores, logistics, 3PL’s, trade-counter, air-hangers, cargo units, refrigeration
Commercial Real Estate – Retail	Including high street retail, supermarkets, department stores, retail warehousing, hairdressers, undertakers, travel agencies, post offices, dry cleaners, internet cafes, high street banks, betting offices
Commercial Real Estate – Hotels and Leisure	Including hotels, motels, B&B’s, public houses, bars, restaurants, nightclubs, amusement parks, caravan parks
Commercial Real Estate – Healthcare	Including Hospitals, Care Homes, Respite, Day centres
Commercial Real Estate – Educational	Including Schools, Colleges, Universities, Nurseries, Museums, Secure Residential Institutions such as Prisons, Custody Centres, Young Offenders Institutions etc
Commercial Real Estate – Infrastructure, Transport and Roadside	Including Service Stations, Petrol Stations, Car Showrooms, Garage
Commercial Real Estate Other	Other commercial real estate
Residential Real Estate	This includes dwelling houses used by a single person or by people to be regarded as forming a single residence
Agricultural and Rural Property	Including live and dead stock
Minerals and Waste	Quarries, Waste Transfer Sites, Mines, Off-shore rigs
Arts and Antiques
Plant and Machinery
Development land and property – Residential
Development land and property – Commercial
Business Valuation and Intangible Assets	Including Goodwill, Branding etc – not to be confused with valuation of pubs and such like which is leisure
Other	Any other Red Book Valuation activity

You must rate at least one valuation activity with the importance value 1. Importance values must be entered in sequence 1,2,3,4,5.

You may wish to review your firm’s professional indemnity insurance proposal form to assist you in completing this section.

Q3.1

Which of the following RICS regional currencies will your firm be using to answer the following questions? Please note all subsequent questions should be answered in the same currency.

Using the same currency for all answers will help RICS fully understand the extent of valuation activity you undertake.

Q3.2

How many Red Book Valuations has your firm carried out in the last 12 months?

Having this information will help RICS understand the extent of valuation activity you undertake. An approximate figure is acceptable for this entry.

Q3.3

What was the highest value single Red Book Valuation that your firm has carried out in the last 12 months?

Having this information will help RICS understand the extent of valuation activity you undertake. An approximate figure is acceptable for this entry.

Q3.4

What was the highest value portfolio Red Book Valuation that your firm has carried out in the last 12 months?

Having this information will help RICS understand the extent of valuation activity you undertake. An approximate figure is acceptable for this entry.

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