This concise textbook is a user-friendly introduction to property valuation for students and practitioners who are new to the subject. The text covers the following key areas of study: valuation and markets, methods of valuation, the investment method in detail, taxation and statutory valuations, and the development appraisal and finance. It is packed with worked examples and photos, and covers the five main methods of valuation, their application in a variety of markets and their relation to the wider economic context. It aims to build knowledge and develop a subject vocabulary.

This text is aimed primarily at undergraduates or students on postgraduate conversion courses in estate management, property, surveying, planning, design and construction disciplines.�Professional advisors such as bankers, financial advisors, accountants, investors, analysts and lawyers should also find this text useful as an aid to their dealings in the property sector.

New to this Edition:
- Discussion on the impact of sustainability on valuation
- End of chapter self-assessment questions provoke reflection with outline answers at the back of the book
- Each chapter begins with key aims and a list of key terms with their definitions
- Photographs illustrate different property characteristics and settings
- Includes even more worked examples, including buy-to-let residential properties and affordable housing

DAVID ISAAC Chartered Surveyor and Chartered Builder who came from a background in economics and business studies into the property profession. He has some twenty years of experience in property development, finance and valuation and has project-managed a number of development schemes. For many years now he has been involved in property consultancy, education and research at the University of Greenwich, UK, where he is currently Professor of Real Estate Management, Head of Property and Land Management and Director of Research in the School of Architecture and Construction.
JOHN O'LEARY Lecturer at the University of Greenwich School of Architecture and Construction, UK. He is a Chartered Surveyor and worked as a planning consultant for architectural practices prior to becoming a lecturer.