Teaching Responsibility

LJMU Schools involved in Delivery:

LJMU Partner Taught

Learning Methods

Lecture

Tutorial

Workshop

Module Offerings

4532BEKL-JAN-PAR

4532BEKL-SEP-PAR

4532BEKL-SEP_NS-PAR

Aims

To develop an understanding of the principal valuation theory and methodology used in professional practice. To build competency in the practical application of valuation theory and techniques.

Learning Outcomes

1.
Understand valuation theory and principles and assess their relevance in context of the commercial and residential property markets.
2.
Understand the different legal interests in real estate and how these influence, and are accounted for, within the valuation process.
3.
Effectively apply valuation concepts and methodologies to the valuation of commercial and residential property.
4.
Display the ability to examine comparables, analyse data and effectively integrate findings and assumptions within the valuation of commercial and residential property interests.

Module Content

Outline Syllabus:Concept of value, valuation methodology and techniques Comparative Method Investment Method Receipts and Expenditure Method Residual Method Cost based Methods Valuation Mathematics The Construction and Application of the Valuation Tables Valuation of Freehold and Leasehold Interests Lease Structures and Property Outgoings
Additional Information:This module develops an understanding of valuation theory and methodologies and their practical application to the valuation of real estate.

Assessments

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Exam