Saturday, 9 November 2013

planning report and land valuation

planning report and land valuation
Site Assembly and Development 7PRO707 Coursework 1 2013/2014
Property Pathway Programme
Coursework One – carrying a weighting of 25% of the total coursework mark for the module.
Coursework Brief
You should locate a site outside Greater London (outside any of the London Boroughs). The site should be in the order of 0.25-1.25 acres in size. It may be a greenfield or brownfield site, but it should have clear prospects for development.
You should prepare a planning report explaining the planning history of the site and why you consider it suitable for development. If the site has an express planning consent you should critically consider whether this consent can be ‘improved’.
Consider what the most applicable (single use – i.e you can assume just one, most suitable use, for the site). For the most applicable use on the site prepare with reference to market comparables and other data sources an outline residual valuation to arrive at a figure you would be prepared to recommend be paid for the site. Support and annotate your valuation. You should clearly reason why the use you have chosen is the most suitable.
The work should reference the law applicable to England and Wales.
Hand in date 7 November 2013
Please submit in hard copy to the ABE (Postgraduate) Registry with a suitable cover sheet.
Marking criteria:
Quality and use of written English.
Presentation and layout – make it look professional.
Choice of site and reasoning for the use.
Planning background and report. To include Policy reasoning.
Outline residual valuation, accuracy, approach, comment and supporting information.
References.
Ensure that there are pictures of the land and also include a layout of the land.
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