The price is (usually) right

The price is (usually) right - 2005 - Property Week 70(9) 4 March 2005, 80-82(3) .

Discusses the latest report on valuation accuracy which shows that valuers are normally within 15% of the sale price. The "Annual variance in valuation report" tracks the relationship between property valuations and their eventual sale price. Originally begun in the 1980s as a joint venture between Investment Property Databank and Drivers Jonas, it is now sponsored by RICS.


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