In the volatile property market of 2026, the terms “market price” and “true value” are often confused. A house is worth what someone is willing to pay for it, but its value is a much deeper calculation.
At Howorth, we bridge the gap between building pathology and financial valuation. This article explores why having an RICS Registered Valuer is as important as having a Building Surveyor.
The Difference Between a Surveyor and a Valuer
While a Building Surveyor looks at the fabric of a house, an RICS Registered Valuer considers its marketability. A property might be structurally sound but overpriced for its location — or it might be a bargain despite needing a new roof.
How Howorth Protects Your Investment
1. Accurate reinstatement costs: This is the amount it would cost to completely rebuild your property from scratch if it were destroyed by fire or flood. Most people rely on estimated figures from their insurer, but in 2026 — with the cost of specialist labour and materials soaring — these estimates are often dangerously low.
We provide a formal Reinstatement Cost Assessment (RCA) to ensure you are never underinsured.
2. The impact of defects on value: This is where the two roles overlap. If our surveyor identifies a Condition Rating 3 defect, such as widespread dry rot, our valuation team can estimate how much that defect reduces the home’s market value.
This fact-based negotiation is your best defence against overpaying. We provide the data you need to request a price reduction that is fair and justified by the cost of the remedial works.
3. Local market nuance: Our head office in Marylebone, and our branches in North London, Surrey and East London, give us a granular understanding of local trends.
We know that a basement conversion in Kensington has a different value-added ratio from one in Enfield. We help you lead with your head, not your heart, ensuring you don’t enter into a transaction that could lead to negative equity.
The Expert Conclusion: A Holistic Approach
Choosing Howorth means you aren’t just getting a person with a clipboard. You’re getting a multidisciplinary practice that understands the legal, structural and financial pillars of property.
Our team puts clients first, ensuring that whether you are a first-time buyer or a seasoned developer, you have the most accurate, ethically produced data at your fingertips.