second-gear valuation

English

Etymology

From the notion that the agent not only is doing a drive-by evaluation but also is not even necessarily doing it slowly: second gear rather than first gear (low gear).

Noun

second-gear valuation (plural second-gear valuations)

  1. (UK, informal) The assignment of a property to a tax band by an estate agent who evaluates the property while driving past it.

See also

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