ABSTRACT

* Gives clear understanding of the methods and techniques of valuation
* Latest statutes and case law affecting valuation
* Core text for students and essential reference for practitioners

Despite the volatility in the world’s financial and property markets the principles underpinning valuation methods have remained fundamentally unchanged.

In this new edition the sections on methods have been revised and updated to provide a comprehensive coverage of both their principles and their application. More significantly new and amended statutes and case law precedents which have affected various aspects of statutory valuations are included. These changes have been incorporated in the revisions to chapters dealing with Commercial Property, Leasehold Enfranchisement, Rating, Compulsory Purchase and other statutory applications.

The 10th edition maintains the aims and objectives of all previous editions: to support students with its comprehensive coverage of the legal, economic and technical aspects of valuation required by most University and College Real Estate Programmes and to provide trainees (APC Candidates) and practitioners with current and relevant guidance on the preparation of valuations for statutory purposes.

chapter 1|12 pages

Principles of Value

chapter 2|7 pages

Methods of Valuation

chapter 3|27 pages

Property in Land

chapter 4|6 pages

Direct Value Comparison

chapter 5|19 pages

Rental Value

chapter 6|13 pages

Outgoings

chapter 7|15 pages

Yield

chapter 8|20 pages

The Mathematics of Valuation Tables

chapter 10|13 pages

Discounted Cash Flow

chapter 11|12 pages

Residual Method of Valuation

chapter 12|38 pages

Developments in Valuation Methods

chapter 13|19 pages

Some Practical Points

chapter 16|42 pages

Development Properties

chapter 17|38 pages

Residential Properties

chapter 19|30 pages

Commercial Properties (2) Types of property

chapter 21|33 pages

Valuations for Rating

chapter 22|39 pages

Taxation