5B056E - Real Estate Valuation and Appraisal 01 Sep 2026 - 31 Jul 2032 | Version 0
Associated Module Information
| Module Code: | 5B056E | ||
|---|---|---|---|
| Module Title: | Real Estate Valuation and Appraisal | ||
| Faculty: | Faculty of Computing, Engineering and Science | ||
| Faculty Group: | Built and Sustainable Environment | ||
| Faculty Sub Group: | Built Environment | ||
| Module Leader: | Bowen Yan | ||
| Module Team: | Thomas Lambourne, Shane Galvin | ||
| First Intended Intake: | SEP 2026 | Final Year of Intake: | |
| Date Closed: | |||
| Credit Value: | 30 | Credit Level: | 5 |
| Language: | English | ||
| Percentage of Module Taught in Welsh: | 0 | ||
| Equivalent Module: | |||
| HECOS codes: | 100218 - real estate | ||
| HECOS Code Weighting: | 100 | ||
Document Version Information
| Version | 0 |
|---|---|
| Valid From | 01 Sep 2026 |
| Valid To | 31 Jul 2032 |
Module Aims
To provide students with a clear understanding of how real estate value is shaped, including the role of property characteristics, market forces, investor behaviour, policy frameworks and ESG considerations in influencing how value is created and interpreted within the property sector.
To develop the financial and mathematical principles that support valuation practice, including compound interest, discounting, annuities, perpetuities and other numerical concepts that underpin both traditional and contemporary methods of assessing real estate value.
To introduce students to the application of the five traditional valuation methods, and to establish an appreciation of the professional standards, evidence requirements and analytical expectations that guide valuation work in real estate practice.
Content Summary
This module establishes the foundations of real estate valuation by introducing students to the nature of property, the functioning of property markets and the wider economic, policy and ESG factors that influence how value is formed. Building on this context, the module develops the financial and mathematical principles required for understanding how valuations are constructed and assessed. These principles support both traditional and contemporary valuation techniques used in professional practice. The module also outlines the five traditional valuation methods and the core professional standards that govern valuation work, enabling students to understand how valuation approaches are structured within real estate practice.
Learning and Teaching Methods
| Activity Type | Hours |
|---|---|
| Practical classes & Workshops | 24 |
| Groupwork | 12 |
| Seminar | 6 |
| Active/Simulation based | 6 |
| Demonstration | 6 |
| Formative Assessment - Scheduled | 2 |
| Formative Assessment - Independent | 16 |
| Summative Assessment | 60 |
| Direct Study | 54 |
| Independent Study | 114 |
| Total Hours Selected | 300 |
Learning Outcomes
| # | Learning Outcome |
|---|---|
| LO1 | Demonstrate an understanding of how real estate value is influenced by property characteristics, market behaviour, economic conditions, policy context and ESG considerations, and explain how these factors inform valuation practice. |
| LO2 | Apply financial and mathematical principles, including discounting, compound interest, annuities, perpetuities and other valuation related calculations, to support the construction and evaluation of traditional real estate valuation techniques. |
Module Requisites
N/A
Assessment Criteria
| Assessment Category | Assessment Type | Description | Duration | Word Count | Weight (%) | Best of? | Pass Mark |
|---|---|---|---|---|---|---|---|
| Asynchronous Assessment | Report | Individual | 0 | 2000 | 40 | No | 40 |
| Asynchronous Assessment | Field folio | Synchronous online | 0 | 3000 | 60 | No | 40 |
Assessment Matrix
| Assessment Type | Learning Outcomes | ||
|---|---|---|---|
| LO1 | LO2 | ||
| Report | ✔ | ✔ | |
| Field folio | ✔ | ✔ | |