production
Skip to Content

Log In

  1. University Home
  2. Catalogue of Courses
  3. Postgraduate
  4. 2026-2027
  5. Real Estate
  6. BU506P: Valuation for Surveyors

DRAFT. This version of the catalogue is a draft version and subject to change.

Unless you have been specifically directed here, you probably want to use the main catalogue.

BU506P: VALUATION FOR SURVEYORS (2026-2027)

Last modified: 02 Jun 2026 17:16


Course Overview

This course introduces students to the mathematics of valuation and to the five methods of valuation, as they relate to the valuation of assets in both the urban and rural environment. Property valuation methods are critiqued and alternatives considered. The course considers the formal processes and procedures adopted in the UK to the valuation of property.

Course Details

Study Type Postgraduate Level 5
Term First Term Credit Points 15 credits (7.5 ECTS credits)
Campus Aberdeen Sustained Study No
Co-ordinators
  • Dr N Liu

What courses & programmes must have been taken before this course?

  • Any Postgraduate Programme (Studied)

What other courses must be taken with this course?

None.

What courses cannot be taken with this course?

None.

Are there a limited number of places available?

No

Course Description

The course introduces the following: 

  1. Valuation and investment formulae and their application to the chartered surveying profession.
  2. An introduction to the asset classes and to the sources of finance in the property industry.
  3. An understanding of the five methods of valuation and their application to assets in both the urban and rural environment.
  4. A critical evaluation of alternatives to conventional approaches to valuations for possible solutions to problems.
  5. The rules and guidance surrounding the measurement of property and the role of the Royal Institution of Chartered Surveyors.

Contact Teaching Time

Information on contact teaching time is available from the course guide.

Teaching Breakdown

More Information about Week Numbers


Details, including assessments, may be subject to change until 31 August 2025 for 1st Term courses and 19 December 2025 for 2nd Term courses.

Summative Assessments

Exam

Assessment Type Summative Weighting 75
Assessment Weeks 20,21 Feedback Weeks

Look up Week Numbers

Feedback

2-hour Exam. Students are required to answer three questions.
Learning Outcomes
Knowledge LevelThinking SkillOutcome
ConceptualEvaluateStudents will identify challenges in global, national or local real estate markets and evaluate their impact on land and property valuation.
ConceptualEvaluateStudents will be able to understand the five methods of valuation and critique the application of valuation techniques.
ConceptualUnderstandStudents will understand the role of the RICS in property valuation and demonstrate awareness of its professional standards.
FactualUnderstandStudents will be able to understand the financial maths required in property valuations.

Class Test - Multiple Choice Questions

Assessment Type Summative Weighting 25
Assessment Weeks 16 Feedback Weeks 17

Look up Week Numbers

Feedback

Verbal comments and solutions to test questions.
Learning Outcomes
Knowledge LevelThinking SkillOutcome
FactualUnderstandStudents will be able to understand the financial maths required in property valuations.

Formative Assessment

There are no assessments for this course.

Resit Assessments

Exam

Assessment Type Summative Weighting 100
Assessment Weeks Feedback Weeks

Look up Week Numbers

Feedback

2-hour Resit Exam. Students are required to answer three questions. Verbal feedback will be provided to students who wish to discuss the exam questions.
Learning Outcomes
Knowledge LevelThinking SkillOutcome
Sorry, we don't have this information available just now. Please check the course guide on MyAberdeen or with the Course Coordinator

Course Learning Outcomes

Knowledge LevelThinking SkillOutcome
ConceptualUnderstandStudents will understand the role of the RICS in property valuation and demonstrate awareness of its professional standards.
ConceptualEvaluateStudents will be able to understand the five methods of valuation and critique the application of valuation techniques.
ConceptualEvaluateStudents will identify challenges in global, national or local real estate markets and evaluate their impact on land and property valuation.
FactualUnderstandStudents will be able to understand the financial maths required in property valuations.
 

Compatibility Mode

We have detected that you are have compatibility mode enabled or are using an old version of Internet Explorer. You either need to switch off compatibility mode for this site or upgrade your browser.