An Introduction to Property Valuation

Alan Millington

Introduction; Value; General; Qualities of investments; Investment opportunities; Property investment and the underlying factors of the market; Reasons for valuations; Legal interests in property; Features of property and the property market; Factors which cause changes in the value of property and variations in value between properties; The role of the valuer; Rates of interest and yields; Methods of valuation; Valuation tables and valuation formulae; The investment method of valuation; The valuation of varying incomes; The Valuation of terminable incomes; Taxation and valuation; Discounted cash flow techniques; The effect of statues; Taxation and property investment; Finance and gearing; The operation of property markets; Special considerations for valuers; Conclusion; Appendix