An analysis of valuation variation in the UK commercial property market: Hager and Lord revisited
[ABSTRACT READ IN FULL AND VERBATIM at the api.crossref.org item record, which deposits it entire inside a JATS paragraph, and cross-checked at OpenAlex where it reconstructs word for word. FULL TEXT NOT READ: closed access, Emerald, no repository copy, best_oa_location null. Crossref records 31 citations, OpenAlex 55; published print 1 December 1996; the 17-item reference list was read in full] Adair, A., Hutchison, N., MacGregor, B., McGreal, S., & Nanthakumaran, N. (1996). 'An analysis of valuation variation in the UK commercial property market: Hager and Lord revisited.' Journal of Property Valuation and Investment, 14(5), 34-47. doi:10.1108/14635789610154271. FOUND ON THE CLOSING PASS AND IT SUPERSEDES THE FILE'S CLAIM THAT NO VALUATION FIGURE COULD BE OBTAINED. The research question, verbatim: 'Addresses the issue of valuation variation. The fundamental research question is to establish the range of valuations which a group of qualified valuers operating in the same market and using the same basic assumptions would produce in their estimation of price. It significantly extends the approach adopted by Hager and Lord and draws conclusions about different market sectors, locations and size of firms.' The result, verbatim: 'The results of the survey show a wide variation in value across both rack rented and reversionary interests. In terms of the former over 80 per cent of all valuations produced a variation from the mean of less than 20 per cent with a corresponding figure of over 90 per cent for the reversionary investments. These levels of accuracy fall short of the contention that valuers can value to within 5-10 per cent of market value.' HOW TO READ IT, BECAUSE THE ARITHMETIC RUNS THE OPPOSITE WAY TO EVERY OTHER FIGURE IN THIS FILE: the number is a SHARE OF VALUATIONS FALLING INSIDE A BAND, not a spread. More than 80 per cent of valuations of rack-rented
[ABSTRACT READ IN FULL AND VERBATIM at the api.crossref.org item record, which deposits it entire inside a JATS paragraph, and cross-checked at OpenAlex where it reconstructs word for word. FULL TEXT NOT READ: closed access, Emerald, no repository copy, best_oa_location null. Crossref records 31 citations, OpenAlex 55; published print 1 December 1996; the 17-item reference list was read in full] Adair, A., Hutchison, N., MacGregor, B., McGreal, S., & Nanthakumaran, N. (1996). 'An analysis of valuation variation in the UK commercial property market: Hager and Lord revisited.' Journal of Property Valuation and Investment, 14(5), 34-47. doi:10.1108/14635789610154271. FOUND ON THE CLOSING PASS AND IT SUPERSEDES THE FILE'S CLAIM THAT NO VALUATION FIGURE COULD BE OBTAINED. The research question, verbatim: 'Addresses the issue of valuation variation. The fundamental research question is to establish the range of valuations which a group of qualified valuers operating in the same market and using the same basic assumptions would produce in their estimation of price. It significantly extends the approach adopted by Hager and Lord and draws conclusions about different market sectors, locations and size of firms.' The result, verbatim: 'The results of the survey show a wide variation in value across both rack rented and reversionary interests. In terms of the former over 80 per cent of all valuations produced a variation from the mean of less than 20 per cent with a corresponding figure of over 90 per cent for the reversionary investments. These levels of accuracy fall short of the contention that valuers can value to within 5-10 per cent of market value.' HOW TO READ IT, BECAUSE THE ARITHMETIC RUNS THE OPPOSITE WAY TO EVERY OTHER FIGURE IN THIS FILE: the number is a SHARE OF VALUATIONS FALLING INSIDE A BAND, not a spread. More than 80 per cent of valuations of rack-rented
Written from the aBSTRACT READ IN FULL AND VERBATIM at the api.crossref.org item record, which deposits it entire inside a JATS paragraph, and cross-checked at OpenAlex where it reconstructs word for word. FULL TEXT NOT READ: closed access, Emerald, no repository copy, best_oa_location null. Crossref records 31 citations, OpenAlex 55; published print 1 December 1996; the 17-item reference list was read in full.
What our sources record
Recorded when this source was checked, figures included, with page references and quotation marks removed.
Adair, A., Hutchison, N., MacGregor, B., McGreal, S., & Nanthakumaran, N. (1996). An analysis of valuation variation in the UK commercial property market: Hager and Lord revisited. Journal of Property Valuation and Investment, 14(5), 34-47. doi:10.1108/14635789610154271