The new & enhanced eleventh edition of this essential valuation textbook reflects the changes in the property market since 2009 whilst presenting the tried & tested study of the principles governing the valuation of land houses & buildings of the previous editions. The eleventh edition is fully up-to-date with latest guidelines statutes & case law including the implications of the latest RICS Red Book & the Localism Act. Its comprehensive coverage of the legal economic & technical aspects of valuation make this book a core text for most University & College Real Estate Programmes & to provide trainees (APC Candidates) & practitioners with current & relevant guidance on the preparation of valuations for statutory purposes. Over the twenty eight chapters the author team of experienced valuation experts present detailed accounts of the application of these principles to the everyday problems met in practice. This new edition continues to be of excellent value to both students & practitioners alike as it provides the reader with a clear understanding of the methods & techniques of valuation.