Reinstatement Cost Assessments

Why HartDixon?

Insurers typically require a professional evaluation of a property’s rebuilding cost in the event of its total destruction, which is known as a Reinstatement Cost Assessment. Preparing an accurate Reinstatement Cost Assessment is a necessity to ensure that your property is adequately insured. HartDixon has a varied skillset across all property sectors and as such we are able to provide accurate Reinstatement Cost Assessments for all property types.

Our technical skills combined with our experience and understanding of construction techniques and processes, honed through the various services that we offer, places Hart Dixon in a unique position in being able to offer reliable reinstatement cost assessments.

We have extensive experience in preparing reinstatement cost assessments.  Instructions include preparing Reinstatement Cost Assessments for individual properties including Grade I listed buildings such as custom House on the banks of the Thames, to large scale buildings such as the 36 storey Euston Tower and Berkley Square House.  We are pride ourselves on our ability to manage and coordinate RCA’s for large scale property portfolios including the recent completion of a portfolio in excess of 90 properties with a combined assessment figure in excess of £685 million.

Having an accurate reinstatement cost assessment of your property/portfolio is essential.  If the assessment is too high, you unnecessarily pay a high premium for buildings insurance, too low, and the insurance won’t cover your loss should an incident occur. Our unique skillset enables HartDixon to provide accurate Reinstatement Cost Assessments across all property types, ranging from Grade I listed properties to multi-storey city centre office developments.

Our Approach

Each instruction is managed and led by a Partner, who will be your primary contact throughout. We have vast experience of working on large scale portfolios and individual properties, we are also able to offer update reinstatement cost assessments based upon desktop valuations.

In order to provide you with an accurate Reinstatement Cost Assessment, we utilise the very latest technology and costing information, with access to Building Cost information services and a wealth of real time construction costs, given our commercial refurbishment and redevelopment expertise

128 High Street, Sevenoaks – single RCA, listed building – retail and office usage for Salisbury & Co.

90no. property portfolio across the south east – RCA’s coordinating access, managing reports per fund and indexing properties.  Combination of office, retail and residential in buildings from 800,000 sq ft to 2,000 sq ft.  Includes both modern and period properties with a listed status.

280 High Holborn, London – single RCA for Helix Property Advisors – retail and office usage of circa 80,000 sq ft.

Regents Quarter, London – Multiple RCA’s across circa 25 properties for London George unit trust – residential, retail, leisure and office uses in converted Victorian warehousing.

Cheapside House and 108 Cannon Street, single RCAs for large city based offices for DAR Real Estate