Modules

Due to Covid-19 restrictions, learning and teaching activities on campus as described in the module descriptors are currently restricted. Learning and teaching will be enabled through a mixture of scheduled online activity where you will be able to engage with your tutor and classmates in real-time and unscheduled guided activity where you will be required to complete activities and tasks at a time which best suits you. Teaching will take place on campus, wherever possible, and where this is safe to happen.

Definitive information on module delivery during 2020/21 will be provided on Module Moodle Sites. For specific enquiries please contact the module leaders directly.

Core Module Information
Module title:	Real Estate Surveying 1 (GA)
SCQF level:	08:
SCQF credit value:	20.00
ECTS credit value:	10
Module code:	BSV08410
Module leader:	Temidayo Osunsanmi
School	School of Engineering and the Built Environment
Subject area group:	Building and Surveying

Prerequisites

N/A

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 principles and mathematical basis of different methods of valuation and be aware of the regulatory framework under which valuations are carried out. You will analyse property market information and the adjustment and use of rental and yield information in the undertaking conventional valuations.

Learning Outcomes for module:

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: appreciate the role of professional regulation and the framework of regulation for Valuation Practice in the UK.

Full Details of Teaching and Assessment

2021/2, Trimester 2, FACE-TO-FACE,
VIEW FULL DETAILS

Occurrence:	001
Primary mode of delivery:	FACE-TO-FACE
Location of delivery:	MERCHISTON
Partner:
Member of staff responsible for delivering module:	Alison Andrews
Module Organiser:

Learning, Teaching and Assessment (LTA) Approach:

This shall comprise a lecture of up to 2 hours with a linked 1-hour tutorial, held twice per day over a consecutive five day period. The face-to-face teaching delivered in the week of block teaching shall be supported by independent guided study and underpinned with work-based learning and completing the assessments specified for the module (Weeks 3 -15).

The module is taught thematically with each lecture providing an opportunity for you to learn about key issues underlying the valuation of property. The lectures begin by setting out the concept of value and the role of the valuer and the characteristics. With this understanding in place, the five methods of valuation are examined. The tutorials expand on the lecture material and provide opportunities to undertake valuations using the methods studied.

Formative Assessment:

The provision of formative feedback is a key component of the LTA approach underpinning this module. Formative feedback opportunities are built into each tutorial where you will be encouraged to engage with and reflect upon module themes via a series of different learning tasks. These provide opportunities for the module tutor to help with your understanding and interpretation of module topics. This formative feedback is delivered in class time in response to student contributions both individually and collectively. Formative feedback arises via the discussion and analysis of tutorial questions, practical examples/cases and associated reflection on a range of learning tasks

Summative Assessment:

The assessment comprises the creation and submission by each student of a portfolio made up of two parts (part 1: an exercise in the use of valuation formulae, rent and yield analysis and the investment method of valuation and a valuation report on a commercial property and part 2: a written exercise in application of all of the valuation methods).

Student Activity (Notional Equivalent Study Hours (NESH))
Mode of activity	Learning & Teaching Activity	NESH (Study Hours)
Face To Face	Lecture	24
Face To Face	Tutorial	12
Other	Work based learning	66
Independent Learning	Guided independent study	98
	Total Study Hours	200
	Expected Total Study Hours for Module	200

Assessment
Type of Assessment	Weighting %	LOs covered	Week due	Length in Hours/Words
Portfolio	100	1-4	10	HOURS= 00.00, WORDS= 2500
Component 1 subtotal:	100
Component 2 subtotal:	0
Module subtotal:	100

Indicative References and Reading List - URL:

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