Portfolio Valuation

for Letchworth Garden City Heritage Foundation

Annual valuation of a substantial mixed-use portfolio for inclusion in the annual accounts for this Industrial and Provident Society with charitable status.

What we did

  • Acted as Independent Valuer to provide valuations in accordance with the RICS Valuation – Professional Standards and FRS102.
  • Assembled a team of valuers with the    expertise to value this diverse portfolio within the required timescales.

  • Properties valued include a commercial portfolio of retail, industrial and office investments including the iconic Spirella building; a rural portfolio including significant agricultural land holdings and a substantial mixed use ground lease portfolio which includes residential property comprising many archetypal Garden City dwellings. The assets valued also include development sites and operational assets.

  • Bidwells have also assisted in the strategic management of the portfolio, providing valuations for acquisition, undertaking lease regears and acting as agent in the sale of residential development land.



  • Complex and substantial portfolio of valuations reported within specified timescales and in accordance with the regulations for local authority accounting.
  • Bidwells has undertaken valuations for the Heritage Foundation since 2005 accumulating an excellent knowledge of the portfolio.




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