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 editionAcknowledgements Table of casesTable of statutesTable of statutary instruments1. Principles of valuation 2. Valuation approaches and methods 3. Property law4. Planning law5. The market approach6. Market rent7. Outgoings8. Property yields 9. Investment mathematics as it applies to property valuation 10. Income approach or investment method 11. Discounted cash flow12. The cost approach and residual method 13. Developments in valuation approaches14. Development properties15. Residential properties 16. Commercial properties (1): types of property 17. Commercial properties (2): Landlord and Tenant Acts and rent reviews18. UK valuation applications 19. Valuations for rating 20. Taxation21. Principles of the law of compulsory purchase and compensation 22. Compulsory purchase compensation (1): compensation for land taken23. Compulsory purchase compensation (2): compensation for severance and injurious affection 24. Compulsory purchase compensation (3): compensation disturbance25. Blight notices26. Purchase notices 27. Compensation under the Town and Country Planning Acts: revocation, modification and discontinuance orders, etc. Index

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 editionAcknowledgements Table of casesTable of statutesTable of statutary instruments1. Principles of valuation 2. Valuation approaches and methods 3. Property law4. Planning law5. The market approach6. Market rent7. Outgoings8. Property yields 9. Investment mathematics as it applies to property valuation 10. Income approach or investment method 11. Discounted cash flow12. The cost approach and residual method 13. Developments in valuation approaches14. Development properties15. Residential properties 16. Commercial properties (1): types of property 17. Commercial properties (2): Landlord and Tenant Acts and rent reviews18. UK valuation applications 19. Valuations for rating 20. Taxation21. Principles of the law of compulsory purchase and compensation 22. Compulsory purchase compensation (1): compensation for land taken23. Compulsory purchase compensation (2): compensation for severance and injurious affection 24. Compulsory purchase compensation (3): compensation disturbance25. Blight notices26. Purchase notices 27. Compensation under the Town and Country Planning Acts: revocation, modification and discontinuance orders, etc. Index

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 editionAcknowledgements Table of casesTable of statutesTable of statutary instruments1. Principles of valuation 2. Valuation approaches and methods 3. Property law4. Planning law5. The market approach6. Market rent7. Outgoings8. Property yields 9. Investment mathematics as it applies to property valuation 10. Income approach or investment method 11. Discounted cash flow12. The cost approach and residual method 13. Developments in valuation approaches14. Development properties15. Residential properties 16. Commercial properties (1): types of property 17. Commercial properties (2): Landlord and Tenant Acts and rent reviews18. UK valuation applications 19. Valuations for rating 20. Taxation21. Principles of the law of compulsory purchase and compensation 22. Compulsory purchase compensation (1): compensation for land taken23. Compulsory purchase compensation (2): compensation for severance and injurious affection 24. Compulsory purchase compensation (3): compensation disturbance25. Blight notices26. Purchase notices 27. Compensation under the Town and Country Planning Acts: revocation, modification and discontinuance orders, etc. Index