ABSTRACT
In this part we have explored some of the traditional, some of the contemporary, some of the advanced or potential and some of the possible methods of valuation that can be used to value property investments. However, it should be noted that there are yet further methods, for example the ‘real value’ approach (Wood, 1972), that have not even been mentioned, while there are also numerous variants on the approaches we have looked at. All this is indicative of the fact that no one method is the ideal; each of the approaches we have looked at has strengths and each has weaknesses. These strengths and weaknesses depend a lot on the circumstances in which the valuation is being carried out.
