Help Centre / What is the difference between the market value and rebuild value of my home?

What is the difference between the market value and rebuild value of my home?

Market Value Explanation

The market value is the figure that represents a realistic amount your property would sell for on the market at the time the valuation is taken. It is influenced by various dynamic factors such as location, current market trends, and the overall condition of the property.

Rebuild Value Explanation

Understanding the rebuild value, also known as the reinstatement cost, is imperative for homeowners seeking comprehensive insurance coverage. This estimate goes beyond merely determining the construction expenses; it includes a meticulous calculation of all associated costs in the event of a complete rebuild.

The process involves accounting for not only the cost of demolishing what remains of the original structure but also expenses related to ground clearance and site preparation. Crucially, the rebuild value takes into account professional fees incurred during the reconstruction process, such as those for surveyors and architects.


Understanding these intricacies is vital for homeowners to ensure accurate and adequate insurance coverage in the event of unforeseen circumstances.

Speak to our team

The quickest way to reach us is via online chat. No robots, only real people. Our friendly team are available to help you five days a week.

Opening Hours
  • Monday-Thursday
  • Friday
  • Saturday
  • Sunday
  • Bank Holidays