School of Environmental Design and Management

Residential property Development Project 3

Course work 2: Development Appraisal and Valuation Report

Student HEMIS: 370615

Date: 10 December 2009

  • Valuation report
  • Client
  • The purpose of the valuation
  • The subject of the valuation
  • The interest to be valued
  • The type of property
  • The basis of the property
  • The date of valuation Disclosure of valuation
  • Disclosure of any material involvement
  • Status of the Valuer
  • The adopted currency
  • Assumptions, reservations, special instructions
  • Extent of member’s investigations
  • Nature and source of information relied on
  • Restrictions on publication Limitation on publication Limitation of liability to other parties
  • Valuation standards
  • The valuation approach
  • Opinion of Value
  • Signature and date of the report
  • Appendices
  • Kel Delta Plus report
  • Data Sheet
  • Market information and assumptions
  • BCIS report and cost information

12 December 2009

The Estates Development Manager

Woburn Estates Ltd



Re: Valuation of Plot No. Former Copnor Bowling Green, Portsmouth

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Based on your instructions to carry out an inspection and valuation of the above property, we are pleased to report as follows.

1.        Purpose of the valuation

The valuation is required for the purpose of a possible purchase by the client.]

2.        The subject property

The property is located approximately 2.4 miles north or Fratton train station, in the North east of Portsmouth City. Access to the site is from the north. It is adjacent to the Copnor bridge and railway line.

3.        The legal interest


The property has been valued as freehold interest with vacant ...

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