How much should you expect to pay for a probate valuation? A transparent guide to fees by asset type.
Probate valuation fees vary depending on the type of item, its complexity, and whether a home visit is required. The table below gives indicative ranges based on current market rates.
| Asset Type | Typical Cost | Notes |
|---|---|---|
| Jewellery | £50–£150 per item | Per item or visit |
| Watches | £50–£150 per watch | Per item or visit |
| Art | £75–£200 per piece | Per item or visit |
| Antiques | £100–£300 per visit | Per item or visit |
| Classic Cars | £150–£400 per vehicle | Per item or visit |
| Gold & Precious Metals | £40–£100 per assessment | Per item or visit |
Prices are indicative and may vary by location and complexity. Most valuers offer discounts when assessing multiple items.
A single diamond ring is quicker to assess than a collection of mixed antique jewellery. Items requiring specialist knowledge (such as Old Masters or rare marques) may attract higher fees due to the research involved.
Some items — particularly large antiques, collections or classic cars — require an in-person inspection. Home visits typically cost more than postal or photographic assessments but are necessary for accurate valuation of certain items.
Valuing multiple items in one appointment is more cost-effective than individual valuations. Most valuers offer collection discounts, making it sensible to gather all items for a single session where possible.
Fees may be higher in London and the South East due to higher operating costs. However, nationwide coverage means competitive rates are available in all regions.
It may be tempting to seek the lowest quote, but a probate valuation is not the place to cut corners. An unqualified or inexperienced valuer can create significant problems:
A properly qualified valuer with professional body membership provides a defensible valuation that protects you as executor. The fee is a legitimate estate expense and can be deducted before calculating Inheritance Tax.
Costs vary by item type: jewellery and watches typically cost £50–£150 per item, art £75–£200, antiques £100–£300 per visit, classic cars £150–£400, and gold £40–£100. Collection discounts are usually available when valuing multiple items.
Yes. Probate valuation fees are a legitimate estate expense and can be deducted before calculating Inheritance Tax. This means the estate, not the executor personally, bears the cost.
Cheaper valuations may lack the qualifications and insurance needed for HMRC compliance. An unqualified valuation that HMRC rejects costs you more in the long run — both in time and potential penalties. Always check that the valuer holds appropriate professional body membership.
Most valuers offer reduced rates when assessing multiple items in a single appointment, particularly for home visits. The per-item cost decreases as the number of items increases.
Connect with a qualified probate valuer. HMRC-compliant reports delivered within 5-10 working days.