Eric Shapiro is a Chartered Surveyor and Director of Professional Property Services, Chestertons. He has over 50 years' experience in dealing with the management, valuation, sale and letting of residential and commercial property. He is a co-author of Valuation: Principles into Practice.

David Mackmin BSc, MSc, FRICS is a Chartered Surveyor. He is Emeritus Professor of Real Estate at Sheffield Hallam University and a former Visiting Professor in Valuation at the Technische Universität, Wien. He was for many years an assessor for the RICS Assessment of Professional Competence (APC). He is the author and co-author of a number of valuation books, including, with Professor Andrew Baum and Nick Nunnington, The Income Approach to Property Valuation.

Gary Sams is a Chartered Surveyor specialising in compulsory purchase and compensation, and module leader in statutory valuations for the University College of Estate Management. He is the editor and joint author, with Professor Andrew Baum, of Statutory Valuations and Legal Editor for the Journal of Property Valuation and Investment.

Preface to the twelfth edition

Acknowledgements

Table of cases

Table of statutes

Table of statutary instruments

1. Principles of valuation

2. Valuation approaches and methods

3. Property law

4. Planning law

5. The market approach

6. Market rent

7. Outgoings

8. Property yields

9. Investment mathematics as it applies to property valuation

10. Income approach or investment method

11. Discounted cash flow

12. The cost approach and residual method

13. Developments in valuation approaches

14. Development properties

15. Residential properties

16. Commercial properties (1): types of property

17. Commercial properties (2): Landlord and Tenant Acts and rent reviews

18. UK valuation applications

19. Valuations for rating

20. Taxation

21. Principles of the law of compulsory purchase and compensation

22. Compulsory purchase compensation (1): compensation for land taken

23. Compulsory purchase compensation (2): compensation for severance and injurious affection

24. Compulsory purchase compensation (3): compensation disturbance

25. Blight notices

26. Purchase notices

27. Compensation under the Town and Country Planning Acts: revocation, modification and discontinuance orders, etc.

Index