production
Skip to Content

Log In

  1. University Home
  2. Catalogue of Courses
  3. Undergraduate
  4. 2024-2025
  5. Real Estate
  6. PO3006: Applied Valuation

PO3006: APPLIED VALUATION (2024-2025)

Last modified: 21 Mar 2025 14:46


Course Overview

This course applies the principles of valuation taught at level 2 to more complex real world examples. Topics covered include rent reviews, compulsory purchase, property investment, property development and national and local taxation.  Numeracy and analytical skills are further developed along with expertise in the use of Excel.  In addition, the course also covers professional surveying practice, including ethics, and stimulates students to consider their career path by requiring students to prepare a CV and prepare for a mock interview.

Course Details

Study Type Undergraduate Level 3
Term First Term Credit Points 30 credits (15 ECTS credits)
Campus Aberdeen Sustained Study No
Co-ordinators
  • Dr Fiona Stoddard

Qualification Prerequisites

  • Either Programme Level 3 or Programme Level 4

What courses & programmes must have been taken before this course?

What other courses must be taken with this course?

None.

What courses cannot be taken with this course?

  • PO3007 Applied Valuation (Studied)

Are there a limited number of places available?

No

Course Description

The course is intended to discuss and explore the following issues:
  • Investment Appraisal: an examination of current issues in investment appraisal
    • .
  • Business Appraisal: financial reports; analysis of balance sheets and profit and loss accounts; valuation of specialised operational entities (eg. hotels, public houses and leisure properties)
    • .
  • Compulsory Purchase: an examination of the role of compulsory purchase, how it operates and the valuation of assessing compensation due in different scenarios
    • .
  • Local Taxation: an in-depth examination of the approach to the valuation of both residential and commercial properties as used to determine the annual payment of Council Tax and Business rates respectively
    • .
  • Rent Review: how rent reviews are instigated, conducted and resolved
    • .
  • Estate Agency: how both residential and commercial properties are disposed/purchased/leased in the market-place
    • .
  • National Taxation: an examination of the main national UK taxes that affect property and relevant valuations that require to be undertaken
    • .
  • Practice Management: an investigation as to how surveying organisations operate effectively and the role of the APC graduate surveyor within that structure
    • .

    Contact Teaching Time

    Information on contact teaching time is available from the course guide.

    Teaching Breakdown

    More Information about Week Numbers


    Details, including assessments, may be subject to change until 30 August 2024 for 1st term courses and 20 December 2024 for 2nd term courses.

    Summative Assessments

    Report: Individual

    Assessment Type Summative Weighting 20
    Assessment Weeks Feedback Weeks

    Look up Week Numbers

    Feedback

    Students will receive individual written feedback on their written coursework. They will also receive model answers to selected practice exercises as well as verbal feedback in the course of tutorial discussions. Word Count: 1,500
    Learning Outcomes
    Knowledge LevelThinking SkillOutcome
    ConceptualAnalyseStudents will engage with key issues in professional practice with access through RICS, IPF, RTPI, INREV and other professional bodies.
    ConceptualApplyStudents will be able to deliver professional communications and presentations using appropriate technologies
    ProceduralAnalyseStudents will be able to gather, interpret and analyse data to produce reasoned advice.
    ProceduralApplyStudents will be able to reflect on and apply theories and methodology in real estate practice.
    ProceduralEvaluateStudents will be able to write professional reports for real estate matters.

    CV submission and attendance at mock interview

    Assessment Type Summative Weighting 5
    Assessment Weeks Feedback Weeks

    Look up Week Numbers

    Feedback

    Students will receive individual written feedback on their written coursework. They will also receive model answers to selected practice exercises as well as verbal feedback in the course of tutorial discussions. Word Count: 750
    Learning Outcomes
    Knowledge LevelThinking SkillOutcome
    ConceptualApplyStudents will be able to deliver professional communications and presentations using appropriate technologies

    Exam

    Assessment Type Summative Weighting 60
    Assessment Weeks Feedback Weeks

    Look up Week Numbers

    Feedback
    Learning Outcomes
    Knowledge LevelThinking SkillOutcome
    ConceptualAnalyseStudents will engage with key issues in professional practice with access through RICS, IPF, RTPI, INREV and other professional bodies.
    FactualUnderstandStudents will be able to explain theories in investment, valuation, development, economics, business and finance.
    ProceduralApplyStudents will be able to reflect on and apply theories and methodology in real estate practice.
    ProceduralApplyStudents will apply professional rules on Ethics and Conduct.

    Investment Valuation

    Assessment Type Summative Weighting 15
    Assessment Weeks Feedback Weeks

    Look up Week Numbers

    Feedback

    1,500 words
    Learning Outcomes
    Knowledge LevelThinking SkillOutcome
    FactualUnderstandStudents will be able to explain theories in investment, valuation, development, economics, business and finance.
    ProceduralAnalyseStudents will be able to gather, interpret and analyse data to produce reasoned advice.
    ProceduralApplyStudents will be able to reflect on and apply theories and methodology in real estate practice.

    Formative Assessment

    There are no assessments for this course.

    Resit Assessments

    Exam

    Assessment Type Summative Weighting 100
    Assessment Weeks Feedback Weeks

    Look up Week Numbers

    Feedback
    Learning Outcomes
    Knowledge LevelThinking SkillOutcome
    Sorry, we don't have this information available just now. Please check the course guide on MyAberdeen or with the Course Coordinator

    Course Learning Outcomes

    Knowledge LevelThinking SkillOutcome
    FactualUnderstandStudents will be able to explain theories in investment, valuation, development, economics, business and finance.
    ProceduralApplyStudents will be able to reflect on and apply theories and methodology in real estate practice.
    ProceduralAnalyseStudents will be able to gather, interpret and analyse data to produce reasoned advice.
    ConceptualApplyStudents will be able to deliver professional communications and presentations using appropriate technologies
    ProceduralEvaluateStudents will be able to write professional reports for real estate matters.
    ConceptualAnalyseStudents will engage with key issues in professional practice with access through RICS, IPF, RTPI, INREV and other professional bodies.
    ProceduralApplyStudents will apply professional rules on Ethics and Conduct.
     

    Compatibility Mode

    We have detected that you are have compatibility mode enabled or are using an old version of Internet Explorer. You either need to switch off compatibility mode for this site or upgrade your browser.

    Title

    Text