Modules

Core Module Information
Module title: Property Valuation 1
SCQF level: 08:
SCQF credit value: 20.00
ECTS credit value: 10
Module code: BSV08116
Module leader: Temidayo Osunsanmi
School School of Computing, Engineering and the Built Environment
Subject area group: Built Environment
Prerequisites

There are no pre-requisites for this module to be added
Description of module content:

The module will introduce the principal methods of property valuation in residential and commercial property markets and demonstrate the application of these methods in a range of contexts. You will explore the mathematical basis of the 5 methods of valuation and learn how to analyse property market information and adjust and use rental and yield information in undertaking valuations. You will gain a critical understanding of the limitations of these methods of valuation
Learning Outcomes for module:

Upon completion of this module you will be able to

LO1: Analyse and use rental and property yield information.

LO2: Apply conventional freehold investment and comparison valuation methods.

LO3: Understand and apply the contractors, residual and profit methods of valuation.

LO4: Critically evaluate the 5 methods of valuation.
Full Details of Teaching and Assessment
2024/5, Trimester 1, In Person,
VIEW FULL DETAILS
Occurrence: 001
Primary mode of delivery: In Person
Location of delivery: MERCHISTON
Partner:
Member of staff responsible for delivering module: Temidayo Osunsanmi
Module Organiser:


Student Activity (Notional Equivalent Study Hours (NESH))
Mode of activityLearning & Teaching ActivityNESH (Study Hours)NESH Description
Face To Face Centrally Time Tabled Examination 2 Centrally Timetabled Exam - You will assess property values using the principal valuation methods and critically evaluate each method.
Face To Face Lecture 30 Each week, you will attend a 3-hour interactive lecture designed to stimulate critical thinking and foster a collaborative environment, enhancing your understanding of the principal methods of valuation.
Face To Face Tutorial 10 Each day, you will engage in reinforcement learning through interactive discussions based on lecture slides and notes.
Online Guided independent study 158 You will have the opportunity to reflect on what was covered in class.
Total Study Hours200
Expected Total Study Hours for Module200


Assessment
Type of Assessment Weighting % LOs covered Week due Length in Hours/Words Description
Report 40 1~2~3~4 Week 11 , WORDS= 2000 words You will prepare a valuation report using any of the five valuation methods and perform the necessary valuation calculations.
Centrally Time Tabled Examination 60 1~2~3~4 Exam Period HOURS= 2 Hours You will assess property values using the principal valuation methods and critically evaluate each method.
Component 1 subtotal: 40
Component 2 subtotal: 60
Module subtotal: 100

Indicative References and Reading List - URL:
Property Valuation 1
 

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