Journal of Property Valuation and Investment: Volume 14 Issue 4

ACADEMIC PAPERS: Valuing contaminated land and property: theory and practice

Tim Richards

States that the issue of contamination can have a substantial impact on land and property values. Reviews contaminated land valuation theory from the USA and the UK. Describes…

Effect of non‐domestic rates on commercial property rents: an empirical study

Stephen Bond, Kevin Denny, John Hall, William McCluskey

Notes that, in the UK, there has been little empirical research undertaken to consider the effect of the commercial property tax (more commonly known as non‐domestic rates) on the…

Valuation of public real estate: context and concept

Stellan Lundström, Hans Lind

Notes an increasing interest in valuation of publicly owned real estate, and also controversy about the relevance of different concepts of value, especially for special purpose…

Shopping centres and house values: an empirical investigation

François Des Rosiers, Antonio Lagana, Marius Thériault, Marcel Beaudoin

Focuses on the effect of both proximity and size of shopping centres on surrounding residential property values, using hedonic modelling. States that the data bank consists of a…

Obsolescence and performance in the Central London office market

Richard Barras, Paul Clark

Presents results of an investigation into the rate of rental and capital obsolescence in the City of London office market. Using a theoretical approach based on a “vintage model”…

PRACTICE PAPER: Price and worth Developments in valuation methodology

Robert Peto, Nick French, Gillian Bowman

Looks at the philosophy of valuation, explaining the distinction between “worth” and “price”. Attempts to explain traditional techniques of assessing price. Looks at the…