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TU836 Property Economics

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Question:

The student is to source the following data:

Details of a development site for sale in the locality

Cost of a proposed development likely to get planning permission on the site

Comparable evidence of either the potential market value (sale or rental) of such a development if completed

The student is to present the following:

  1. a) The data gathered (hardcopy of estate agents brochures etc.)
  2. b) The calculation of economic viability of the proposed development
  3. c) A brief statement outlining your judgement on the economic viability of the development potential of the site
  1. d) An brief examination of the data used and highlighting any particular issues (problems) around the suitability of the data sourced as comparable evidence. This is to be specific to the data sourced and is not to be generic in nature. You are to focus on issues / problems with the data.
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