Module catalogue

RL6050 - Advanced Valuation (2026/27)

Module specification

Module approved to run in 2026/27

Module title

Advanced Valuation

Module level

Honours (06)

Credit rating for module

School

School of the Built Environment

Total study hours

150

30 hours	Assessment Preparation / Delivery
84 hours	Guided independent study
36 hours	Scheduled learning & teaching activities

Assessment components

Type	Weighting	Qualifying mark	Description
Coursework	50%		In-class test
Coursework	50%		Valuation report (1,000 words plus calculations)

Running in 2026/27

(Please note that module timeslots are subject to change)

Period	Campus	Day	Time	Module Leader
Autumn semester	North	To be arranged	-

Module summary

This module builds on previous learning around the principles of valuation and valuation methods, extending critical understanding of the role of the valuer, the valuation process, and professional conduct. t will enable students to apply valuation theory to current problems and challenges in the commercial property market, including emerging investment asset classes and sustainability.

The module applies valuation principles to more complex situations and introduces discounted cash flow techniques and specialist valuation processes. It considers the application of RICS regulations in valuation work, including professional negligence and duty of care.

The role of the valuer in the context of sustainability and commercial benefit of sustainability is examined throughout the module.

Syllabus

• Recap on previous learning around traditional methods of valuation (LO1)
• Importance of inspection and information gathering to valuations (LO2,3)
• International valuation standards (LO1,4)
• Discounted Cashflow valuations (LO1)
• Residual valuations (LO1)
• Modern methods of valuation (LO1,2,3)
• The role and function of Automated Valuation Models (AVMs) and relevance in commercial valuation (LO1,2,3)
• Valuation and the impact of environmental, social and governance criteria (LO3)
• Specialist valuations (LO1,3)
• RICS regulations and guidance (LO4)

Balance of independent study and scheduled teaching activity

Lectures will help develop your knowledge and understanding gained from the Level 4 Valuation module. Seminars, workshops, and other activities will allow you to apply your learning to a range of situations, helped by peer and tutor support.

Your study will be supported via lectures seminars, workshops, and guided asynchronous activities. Where appropriate, activities will be captured and made available to allow asynchronous access. The value of this blended approach is that you will be able to continue to explore topics beyond the classroom and interact with your cohort to expand on discussions and debates. In addition, you will receive formative feedback, that feedback from exercises that do not get formally marked.

You will be asked to do independent and guided reading and research to support your learning, this will help you build a wider knowledge and develop your professional approach to valuations.

Learning outcomes

On completion of the module the learner, operating independently and applying their knowledge and skills, should be able to:
1. Generate more complex valuations, justifying the method employed and the data used.
2. Analyse current market data and explain how this can influence real estate valuations.
3. Critically examine external influences on real estate valuations.
4. Evidence adherence to professional guidance and regulations in relation to valuation of commercial real estate.

Bibliography