That's it for now. Don't forget we have a live text on the Catalan derby later as Barcelona look to return to the top of the table in what is an exciting race for the La Liga title. Build-up starts at 19:30 BST ahead of the 19:45 BST kick-off. Many thanks for your company. Goodbye.
- Real go three points clear at the top
- Cristiano Ronaldo scores his 396th Real goal
- Dani Parejo's equalises but Marcelo hits late winner
Real's next game is the small matter of a Champions League semi-final. If that's not big enough it's against neighbours Atletico Madrid.
More than 2,000 security officers will be on duty for the first leg at the Bernabeu on Tuesday. The tie has been classified as "high risk" and security will be "reinforced", the Madrid city government said.
Uefa ordered security at European games to be increased after the attack on the Borussia Dortmund team bus on 11 April. Atletico will have 4,000 supporters at Real's 80,000-capacity ground.
Read more about this story here.
Make no mistake, this is a massive win for Real. Marcelo's late winner puts Zinedine Zidane's side in the driving seat for the La Liga title.
Real have done it. They go three points clear at the top of La Liga - if only for a few hours. The pressure is back on Barcelona.
Marcelo's goal appears to have saved Cristiano Ronaldo from unwanted headlines for missing a crucial penalty at 1-0.
Four minutes of additional time.
Hands up who had Marcelo for the winner? It's a rare goal for the Brazilian defender as he fires home from just inside the penalty box after Morata gets the ball into area. That's knocked the stuffing out Valencia.
Bedlam at the Bernabeu.
Real have chance after chance after chance and they are punished for wasting them as Daniel Parejo beats Keylor Navas will a sublime free-kick after curling it over the wall. It's a beauty.
A huge goal at the top of La Liga. The Bernabeu falls silent.
Santi Mina booked for clipping Dani Carvajal.
Real in control but Valencia will feel they still have a chance while the score stays like this. Right now in Barcelona, tens of thousands of Barca fans are hoping they can conjure up something special.
Karim Benzema's time is up. He clattered the post but has been unable to add to his goal tally. Alvaro Morata is on for the closing stages.
Fifteen shots yet still only one goal in it.
Nani's game is up. He's jeered by home fans as he 'walks' off at snails pace. Understandable if Valencia weren't losing but they're running out of time. Forward Rodrigo is his replacement.
First change for Real. That poor set-piece was James Rodriguez's last action. He's replaced by Marco Asensio.
Luka Modric thumps the turf in frustration after being chopped down in full flight just outside Valencia's penalty area by Eliaquim Mangala. It's another yellow card - the easiest decision the referee has had to make all game. James Rodriguez's set-piece is disappointing to say the least. Ronaldo, still reeling from his penalty miss, does not look impressed.
Apparently Diego Alves has now saved 24 of the 49 penalties he has faced in his career. That's pretty impressive.
Moments before Ronaldo's botched penalty, Karim Benzema clattered the post from inside the area.
Plenty of chances for Real yet they only have the one goal lead.
Cristiano Ronaldo is human! Diego Alves gets down to keep out Ronaldo's spot kick. It's not a good penalty in all honesty but credit to Valencia's keeper.
Daniel Parejo on Luka Modric. It's so needless as Parejo as Modric was not in a scoring position. Game over for Valencia?
Real are looking to kill this. Kroos and Ronaldo both have goal-bound shots blocked in quick succession as Valencia are forced on the backfoot.
No changes for either side at the start of the second half. Real have midfielder Isco and forward Alvaro Morata among their subs. I suspect Zinedine Zidane will look to use his bench as he looks to rest legs ahead of next week's Champions League semi-final.
Real have bossed possession but Valencia have stood toe-to-toe with their opponents in terms of shots.
Valencia have drawn four of their last five league games at the Bernabeu. They have work to do to force another one.
So Granada and Tony Adams have finally been put out of their misery. Their next game? Real Madrid at home next Saturday.
News from earlier and Tony Adams' Granada have been relegated to the Spanish second tier after a 2-1 defeat at Real Sociedad.
Carlos Vela and Juanmi, formerly of Arsenal and Southampton respectively, scored the hosts' goals as Granada suffered a fourth successive defeat under Adams.
Adams said on Friday he was switching focus to next season.
The 50-year-old, who took charge on 10 April, has a contract to the end of the current campaign.
Read the match report here.
Hardly vintage Real but they have the advantage - and they're back on top of the table as it stands.
A reminder to Real they still have work to do as Munir El Haddadi - on loan from Barcelona - finds space just outside the area before curling just wide.
The weather hasn't improved in the Spanish capital but Real's fans have found their voices. The pressure is back on Barca if they win this.
There's not an awful lot happening - Real seem content to keep possession as half time approaches.
Valencia are looking to avoid a third straight La Liga defeat. Their bright start, when they hit the post, seems an awful long time ago. They'll have to come from behind if they are to record a famous league double over Real.
Real are doing a terrific job at pressing their opponents and forcing Valencia into mistakes. Luka Modric and Toni Kroos are dominating the engine room.
Replays of Ronaldo's goal show Real's No 7 got the better of Eliaquim Mangala to score. What an effortless header. Real are beginning to dominate and Valencia face a crucial period - they can't afford to concede a second before the interval.
Cristiano Ronaldo makes it look so, so simple as he leaps above his marker to meet a pin-point cross by Dani Carvajal. It's a well-placed header and Real are up and running.
It's Ronaldo's 20th La Liga goal of the campaign. Decent.
Cristiano Ronaldo fizzes the resulting free-kick narrowly over the bar before Valencia concede another needless free-kick from shooting distance. This time Toni Lato is guilty of clipping the inside of Karim Benzema's foot and another yellow card is produced.
Valencia need to watch their discipline. There's some meaty challenges going in.
Daniel Parejo is not in the mood to take any prisoners as he leaves James Rodriguez in a crumpled heap after lunging in on the Real player. Out comes the yellow card. No complaints from the Valencia player.
It's end to end as Fabian Orellana drags a decent chance well wide before Real break and Karim Benzema forces Diego Alves into a decent save after creating space for himself.
Real are threatening to build up a head of steam. Benzema is hauled down as he gets behind Valencia's defence but he is offside. Frustrating so far for Zinedine Zidane's men.
Have Real got their minds on Tuesday's Champions League semi? It's pretty sluggish by the hosts before Ronaldo cross for Benzema but the French striker's header is tame and Diego Alves gathers comfortably.