Our professionals – the RICS accredited leading experts
Our Area Measurement and Property Referencing professionals are experienced RICS qualified leading experts who will give you the most up-to-date area measurement results, specific to your property and in accordance with the latest RICS Property Measurement Professional Statement.
Our clients include leading architects, developers, institutions and contractors. We work throughout the U.K.and Ireland, with
occasional overseas projects. Area measurement survey projects range from simple measurements to complex 2D plans and 3D modelling.
Importance of reliance on accurate consistent drawings which comply with the latest RICS Property Measurement (1st Edition, May 2015) when deciding how to invest, manage, sell, or plan around your property
Due to an over reliance on inaccurate property documents, buyers, sellers and their advisors may often be making poorly informed decisions that could have huge cost implications and which could quite possibly trigger issues that will last long after the property transaction is complete.
There is a need to protect you with an accurate measured survey that correctly reflects your intention and enables you to make a properly informed decision. Design drawings, in the absence of a verification validating all thereon, are no substitute for an up-to-date survey and will most likely compromise your decision.
At present, the way property assets, such as homes, offices or shopping centres, are measured varies dramatically. For example, in some parts of the world it is established practice to include common space (lift shafts, communal hallways etc.) in floor area measurements; in others off-site parking might be included or even swimming pools.
With so many different methods of measurement in use, it makes it difficult for property users, investors, occupiers and developers to accurately compare space.
Research by global property firm JLL shows that, depending on the method used, a property’s floor area can deviate by as much as 24%
For this reason, The Royal Institution of Chartered Surveyors (RICS) Property Measurement (1st Edition, May 2015) updates the RICS Code of Measuring Practice, 6th edition and incorporates International Property Measurement Standards (IPMS*)
RICS Property Measurement comprises the following three elements:
– Professional Statement: Office Measurement (applies to office measurements only). This is now mandatory
– IPMS: Office Buildings (applies to office measurements only)
– Code of Measuring Practice
The Royal Institution of Chartered Surveyors (RICS) Property Measurement (1st Edition, May 2015) will be updated over time to comply with other IPMS* standards, including residential, industrial and retail, as they are published.
A new International Property Measurement Standard (IPMS) will ensure that property assets are measured in a consistent way, creating a more transparent marketplace, greater public trust, stronger investor confidence and increased market stability.
The overall importance of accurate, consistent and robust area measurements cannot be overestimated as they are of fundamental importance to our property market. Murphy Surveys work in partnership with our Clients and their Advisors to provide a risk averse service. We bring assurance, which is a vital part of any Area Measurement Survey. We will case manage all of your area measurement requirements leaving you free to concentrate on your investment.
Murphy Surveys regularly measure plots of ground and buildings on behalf of clients who are looking to discharge their asset or invest in another.