Module: Applied Valuation

Module details

  • Module code

  • Module leader

    John Hockey
  • Module Level

  • Module credits

  • Min study time

    150 hours
  • Contact hrs

    45 hours
  • Teaching Period

    Semester 2

Module content

The module covers applied valuation studies to include:

Valuation reports compliant with RICS Valuation Professional Standards; valuations for owner occupation, investment, compulsory purchase, leasehold reform, lending and development; valuation of specialist property, valuation analysis and valuation issues 

Module outcomes

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

  • Demonstrate familiarity with industry professional standards, responsibilities, and ethics (P2) (S5)
  • Reason critically to evaluate and synthesise relevant, reliable, and timely data (S1)
  • Demonstrate Competence in property valuation techniques (T1)
  • Demonstrate familiarity with RICS Property Measurement requirements (T4)
  • Provide sound advice which integrates multiple considerations (T8)


Assessment Description Weighting
Coursework RICS compliant valuation report 100%

Key texts

Students should be familiar with the content of the following:

  • Baum, A (2011) The Income Approach to Property Valuation; Routledge
  • Blackledge, M. (2016) Introducing Property Valuation; Routledge
  • Davidson, A. (2013) Parry's Valuation and Investment Tables; Routledge
  • Isaac, D. & O’Leary, J (2013) Property Valuation Techniques; Palgrave Macmillan
  • RICS (2014) RICS Valuation – Professional Standards 2014. London; RICS
  • RICS (2015) Property Measurement, London; RICS
  • RICS (2017) Conflicts of Interest, London RICS
  • Scarrett, D. & Osborn, S. (2014) Property Valuation: The Five Methods. Routledge

Supporting texts

  • RICS
  • iSurv (via RAU online library)
  • BCIS (via RAU online library)
  • EG (Estates Gazette)