Module: Real Estate Context

Module details

  • Module code

    4240
  • Module leader

    Matthew Smith
  • Module Level

    7
  • Module credits

    15
  • Min study time

    150 hours
  • Contact hrs

    30 hours
  • Teaching Period

    Semester 1

Module content

  • Real Estate backdrop and notions of value
  • Land use contentions; the players in the market – institutions and society
  • Real estate markets: supply, demand and elasticity
  • Property market analysis: Excel workshop
  • Sources of law & the English Legal system
  • Interests in Land: freehold; leasehold, easements and other rights
  • Contract law
  • Sources of property market information
  • DCF modeling and limitations
  • Real Estate statistics

Module outcomes

To achieve credit for this module, students must be able to:

  • Apply knowledge of property and land management institutional frameworks, mechanisms and constraints
  • Compute and interpret relevant figures and use information technology
  • Analyse and interpret complex and dynamic real estate markets, incorporating desktop and primary research
  • Integrate multidisciplinary considerations to make sound judgements or solve new or unfamiliar problems in diverse and evolving contexts
  • Reason critically to evaluate and synthesise relevant, reliable and timely data 

Assessment

Assessment Description Weighting
Coursework In-class assessment - market analysis, DCF and reflective brief 100%

Key texts

Students should be familiar with the content of the following:

  • Adams, D. and S. Tiesdell (2013). Shaping places: urban planning, design and development. London, Routledge
  • Hand, D. (2008). Statistics: a very short introduction [electronic resource]. Royal Agricultural University Library Catalogue
  • Jowsey , E (2011) Real Estate Economics, Palgrave Macmillan
  • Owens, S., & Cowell, R. (2011). Land and limits: interpreting sustainability in the planning process. 2nd Edition, Abingdon, Routledge.
  • Stroud, A. (2013) Making Sense of Land Law, 4th Edition, Palgrave Higher Education.

Supporting texts

  • RICS www.rics.org
  • iSurv (via RAU online library)
  • BCIS (via RAU online library)
  • EG (Estates Gazette)
  • CoStar