000 01206cam a2200205 4500
001 WB3943-18
008 031112n2003 000 0 eng u
035 _a(Sirsi) u124301
245 _aResearch shows that property valuations are more than 10% out.
260 _c2003
490 _aProperty Week
_v68(44) 7 November 2003, 7(1)
520 _aRICS commissioned research has shown that only 68% of property valuations made before a sale prove to be accurate to within 10%. IPD researchers examined 1 340 property sales that were made in 2002. The report was subsequently unveiled at the RICS Valuation Conference in London. The report found that retail valuations were the most accurate, with office valuations being the least accurate. Shopping centre valuations were within 6.4% of the sale price. A copy of the report can be viewed at http://www.rics.org/ricscms/bin/show?class=ResearchReports&template=/includes/showresearch.html&id=69&faculty=Valuation&faculty=All%20Faculties.
590 _aWB
650 _aOFFICES
650 _aRETAIL VALUATION
650 _aPROPERTY VALUATION
650 _aRICS VALUATION CONFERENCE
690 _aPROPERTY-PROPERTY APPRAISAL AND VALUATION
942 _n0
999 _c73780
_d73780