Advertisement

Property Investment Appraisal Techniques: Applications

  • David Isaac
Chapter
Part of the Macmillan Building and Surveying Series book series (BASS)

Abstract

This book is concerned with property investment and it is not intended to go into great detail on appraisal techniques. However, this chapter and the next will look at issues related to conventional and contemporary appraisal techniques. For a more detailed exposition of the fundamentals, you are referred to Enever and Isaac (1995) and Isaac and Steley (1991). This chapter looks at reversionary property, leasehold interests, growth and inflation and valuation accuracy.

Preview

Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

References

  1. Baum, A. and Crosby, N. (1988) Property Investment Appraisal, Routledge, London.Google Scholar
  2. Brown, G.R. (1991) Property Investment and the Capital Markets, E. & F.N. Spon, London.Google Scholar
  3. Crosby, N. (1992) ‘Reversionary Freeholds; UK Market Valuation Practice’, Research paper, RICS, London.Google Scholar
  4. Drivers Jonas/IPD (1988) The Variance in Valuations, Drivers Jonas Research Department, London, Autumn.Google Scholar
  5. Enever, N. and Isaac, D. (1995) ‘The Valuation of Property Investments’, Estates Gazette, London.Google Scholar
  6. Estates Gazette (1996) ‘The New Red Book’, Estates Gazette, 6 January, pp. 96–7.Google Scholar
  7. French, N. (1994) Editorial: ‘Market Values & DCF’, Journal of Property Valuation and Investment, vol. 12, no. 1, pp. 4–6.Google Scholar
  8. Gallimore, P. (1996) ‘Confirmation Bias in the Valuation Process: A Test for Corroborating Evidence’, Journal of Property Valuation and Investment, vol. 13, no. 4, pp. 261–273.Google Scholar
  9. Godson, V. (1991) ‘Methods of Portfolio Analysis’, in P. Venmore-Rowland, P. Brandon and T. Mole (eds), Investment, Procurement and Performance in Construction, E. & F.N. Spon, London.Google Scholar
  10. Hager, D. P. and Lord D. J. (1985) The Property Market, Property Valuations and Property Performance Measurement, Institute of Actuaries.Google Scholar
  11. Hutchinson, N. (1996), ‘Variations in the Capital Values of UK Commercial Property’, Chartered Surveyor Monthly, April, pp. 40–1.Google Scholar
  12. Isaac, D. and Steley, T. (1991) Property Valuation Techniques, Macmillan, London.Google Scholar
  13. Jenkins, S. (1996), ‘Valuations Still Highly Variable’, Estates Times, 15 March, p. 2.Google Scholar
  14. Lizieri, C. and Venmore-Rowland, P. (1991) ‘Valuation Accuracy: A Contribution to the Debate’, Journal of Property Research, vol. 8, pp. 115–22.Google Scholar
  15. Scarrett, D. (1991) Property Valuation: The Five Methods, E. & F.N. Sport, London.Google Scholar
  16. Watson, C. J., Billingsley, P., Croft, D. J. and Huntsberger, D.V. (1990) Statistics for Management and Economics, Allyn and Bacon, Boston.Google Scholar

Copyright information

© David Isaac 1998

Authors and Affiliations

  • David Isaac
    • 1
  1. 1.University of GreenwichUK

Personalised recommendations