Journal of Property Investment & Finance: Volume 41 Issue 3

Editorial: In European valuation standards, the operative word is “European”

Assessing the accuracy of individual property values estimated by automated valuation models

The intent of this paper is to identify uncertainty surrounding automated valuation models (AVMs) valuations and the criteria by which a valuer could judge the accuracy of an AVM…

Statistics in the context of economic theory

The intent of this paper is to discuss the use of statistical mathematics in property valuation and the wider question concerning the role of mathematics in the field of economics.

Pricing to market – an investigation into the use of comparable evidence in property valuation

The intent of this paper is to identify the role that comparable evidence plays in property valuation and how the availability and use of comparable evidence varies between…

Practice Briefing The future of the UK turnover-based lease in the world of omni-channel retail

Historically supply and demand have set the rent level for shops. Turnover rents were brought over from America in the 1980s as a way for landlords to benefit from the tenant's…

Practice Briefing Valuations for secured lending: the problem of restricted marketing periods

The aim of this practice briefing is to provide clarity on property valuations provided for secured lending. The principal basis of valuation is market value but there is…

Education Briefing Property capitalisation rates –benchmarking the property market

The aim of this Education Briefing is to comment upon the construction and role of the capitalisation rate in the valuation of property assets and how the implicit assumptions of…