Journal of Property Investment & Finance: Volume 39 Issue 5

Editorial: Property valuation – methods and models: Property valuation research – make a contribution

Nick French

Development land valuation accuracy in China – a case study of Beijing

Mengmeng Dou, Lesley Anne Hemphill, Lay Cheng Lim

The paper aims to quantitatively investigate vacant industrial land valuation accuracy in China, given the importance of the industrial market as an underlying pillar to promote…

Towards a taxonomy for real estate and land automated valuation systems

Brano Glumac, François Des Rosiers

Automated valuation models have been in use at least for the last 50 years in both academia and practice, while automated valuation recently re-emerged as very important with the…

Pricing to market: property valuation methods – a practical review

Laura Gabrielli, Nick French

Valuation is the process of determining Market Value. Property valuation, as with the valuation of all assets, is an estimation of price in the market. It is value in exchange…

Practice briefing – Automated valuation models (AVMs): their role, their advantages and their limitations

Brano Glumac, François Des Rosiers

The current state-of-the-art recognises three traditional valuation approaches. The current division is not sufficient to explain systematically all features that drive the…

Pricing to market: market value – the enigma of misunderstanding

Nick French, Neil Crosby, Chris Thorne

Market value is an estimation of price in the market. It is value in exchange. The valuer's role is to determine the appropriate approach, the method and use the right model to…

Valuation uncertainty – when and why this is important

Chris Thorne

The recent coronavirus pandemic created uncertainty across most markets. This has resulted in many valuations being reported with caveats warning that they are uncertain. However…