Valuation Examples

Question 1

How did you determine market rent for Blakenall Heath?

Answer 1

• comparable method of valuation to find P/psf
• gather comparables
  -verify with agents
• assemble in terms of heirarchy
• make any subjective adjustments
• apply suitable p/psf to floor area
• That gives you market rent.

Question 2

How did you determine market rent for 1 Colmore Square?

Answer 2

• comparable method of valuation to find P/psf
• gather comparables
  -verify with agents
• assemble in terms of heirarchy
• make any subjective adjustments
• apply suitable p/psf to floor area
• That gives you market rent.

Question 3

How did you determine market rent for Lichfield House?

Answer 3

• comparable method of valuation to find P/psf
• gather comparables
  -verify with agents
• assemble in terms of heirarchy
• make any subjective adjustments
• apply suitable p/psf to floor area
• That gives you market rent.

Question 4

How did you determine market value for Lichfield House?

Answer 4

• investment method of valuation
• Compare market rent to passing rent to determine is property is under, over or rack rented.
• under rented so term and reversion used.
• market yield used on the reversion.
• lower yield applied to the term due to its certainty.
• add the two values together to get the Market Value.