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By: Language: English Series: Estates Gazette ; (543) 29 October 2005, 184-185(2)Publication details: 2005Subject(s): Summary: Concludes his "Mainly for students " article on valuation (see also L131339) with a discussion of good comparable evidence and why it matters. Considers the purpose of valuation which is the process of determining market value, estimating the price of exchange in the market place. Looks at the valuation report, listing the minimum contents as proscribed by Practice Statement PS 5.1 of the Red Book. Provides further reading.

Concludes his "Mainly for students " article on valuation (see also L131339) with a discussion of good comparable evidence and why it matters. Considers the purpose of valuation which is the process of determining market value, estimating the price of exchange in the market place. Looks at the valuation report, listing the minimum contents as proscribed by Practice Statement PS 5.1 of the Red Book. Provides further reading.