Preferred Mortgages Ltd V Countrywide Surveyors Ltd
Language: English Series: Estates Gazette ; [2005] 31 EG 81 (CS)(1)Publication details: 2005Subject(s): Summary: ChD, 25 July 2005. Considers whether devaluation of a later valuation using a house price index in an appropriate way of carrying out a retrospective valuation. P claimed that C had been negligent in its valuation of a property on the grounds that a retrospective valuation carried out P's own valuer had produced a significantly lower value. "Held": the claim was dismissed as the valuation by P's expert was based solely on the increases in the regional index figure in the intervening period without any reference to clear and cogent evidence that local house prices had risen the same amount as those for the region as a whole.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Law report | London Journal article | L130660 (Browse shelf(Opens below)) | 1 | Available | 130660-1001 |
ChD, 25 July 2005. Considers whether devaluation of a later valuation using a house price index in an appropriate way of carrying out a retrospective valuation. P claimed that C had been negligent in its valuation of a property on the grounds that a retrospective valuation carried out P's own valuer had produced a significantly lower value. "Held": the claim was dismissed as the valuation by P's expert was based solely on the increases in the regional index figure in the intervening period without any reference to clear and cogent evidence that local house prices had risen the same amount as those for the region as a whole.