What's new?
All sections are reviewed biannually by expert authors. The major section updates are below.
Agricultural and rural property
This section has been updated throughout due to post-Brexit changes and new case law.
Business valuation and intangible assets
Information has been added to this section on the new Mandatory Performance Framework and Application of the Mandatory Performance Framework documents.
Caravan parks and holiday property
This new section covers the valuation of caravan parks and holiday properties that are run as commercial properties.
Car parks
This section has been updated throughout with information on Automatic Number Plate Recognition (ANPR) systems as well as new worked examples.
Core valuation issues
Author Anthony Banfield has reviewed this section with updated material from Red Book Global Standards and UK national supplement.
Doctors' surgeries
This section is up to date with the latest GP and NHS figures.
Educational premises: children's day nurseries
This section now includes further information including reports and updated stats.
Educational premises: independent schools
This section has been updated with the latest stats, along with new information on fees and pupil numbers.
Empty property rates
This section has seen updates to the Exemptions and reliefs page.
Forests and woodlands
Author David Lewis has completely reviewed this section and the accompanying checklist.
Hotels
This section has been updated with recent hotel figures.
Industrial and distribution properties
This section has been updated detailing new valuation methods, including DCF and profits method, along with information on the new use classes and their impact.
Red Book guide
This section has been fully reviewed with updated references to Red Book Global Standards and national supplements.
Valuation approaches
This section now includes more information on the use of discounted cash flow as an approach.
Visitor attractions
This brand new section covers how to value visitor attractions, including zoos, theme parks and aquariums.
RICS initiatives
iConsult
See iConsult to review the latest RICS consultation drafts.
This page was last updated September 2023.