Awash with unusual valuations during lockdown

29 July 2020
  • Former reservoir Wales Cooke & Arkwright
  • Former reservoir Wales Cooke & Arkwright
  • Former fish farm Wales Cooke & Arkwright
  • Former fish farm Wales Cooke & Arkwright

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Cooke & Arkwright’s multi-disciplinary valuation department has been busy throughout lockdown. At a time when valuing any property has been challenging, we have been awash with unusual properties arising from our very diverse client base.

Prime examples ranged from a former reservoir with a covenant preventing its reuse as a reservoir, to an area of common land and a former fish farm. 

Whilst these are difficult properties to value due to their state of disuse and lack of direct comparables, we have a wealth of experience and data in the rural property market in Wales to draw upon to help us provide a fair and accurate assessment of value.

All sorts of assumptions may apply, from condition of land and buildings, to planning. There may also be special assumptions to be agreed, such as change of land use.

Alongside these more unusual properties, we have also valued many more traditional office and industrial properties for various reasons, including pensions and court hearings.

If you have any queries regarding property valuation we will be happy to advise you. Please feel free to contact Elizabeth Hill (Commercial Valuation) or Chris Hyde (Land Agency).