Property Investment Appraisal

Property Investment Appraisal, 4th Edition, explains the appraisal process for property investments. The book addresses estimating both market value, as the most likely selling price, and investment value, representing worth to individual or group investors.

The text critiques conventional valuation methods and advocates for contemporary cash-flow techniques. It outlines how cash-flow models are constructed and explains how appraisals of worth help identify market under- or over-pricing and guide purchase decisions during crises.

Written for students and practitioners, the volume links valuation theory to practice. It incorporates examples generated by contrasting economic states across UK boom and bust cycles.