ABSTRACT

The credit crunch has highlighted the fact that fully understanding property appraisal and valuation is more critical than ever. With a long and reliable history, this new seventh edition covers all the major aspects of valuing various types of investment property.

Fully updated and revised, this edition tackles the problems of inflation and growth, the equated rent principle and the special problems of short leaseholds, reversionary investments and taxation implications. Separate sections are devoted to investment appraisal, risk, investment strategy and computer and statistical aids.

part 1|60 pages

The Economic and Legal Framework

chapter 1|13 pages

Investment

chapter 2|15 pages

The Property Market

chapter 3|14 pages

Determinants of Value

chapter 4|14 pages

Lease Terms

part 2|105 pages

Investment Valuation

chapter 5|14 pages

Principles of Valuation

chapter 6|15 pages

The Mathematics of Valuation and Finance

chapter 7|18 pages

Rack-Rented Freeholds

chapter 8|18 pages

Leasehold Interests

chapter 9|23 pages

Reversionary Investments

chapter 10|13 pages

Further Aspects of Inflation and Growth

part 3|45 pages

Investment Appraisal

chapter 11|7 pages

Investment Risk

chapter 11|10 pages

Computer and Statistical Aids

chapter 13|13 pages

Investment Strategy

chapter 14|11 pages

An Overview