Module Details |
The information contained in this module specification was correct at the time of publication but may be subject to change, either during the session because of unforeseen circumstances, or following review of the module at the end of the session. Queries about the module should be directed to the member of staff with responsibility for the module. |
Title | PLANNING & PROPERTY DEVELOPMENT | ||
Code | ENVS369 | ||
Coordinator |
Dr AD Lord Geography and Planning A.D.Lord@liverpool.ac.uk |
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Year | CATS Level | Semester | CATS Value |
Session 2013-14 | Level Three | First Semester | 15 |
Aims |
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This module is concerned with the processes through which the built environment is used, produced, managed and renewed. Its objectives are to introduce methods of property valuation, property market dynamics and the processes of urban and rural development (including regeneration, estate management and conservation). |
Learning Outcomes |
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Students successfully completing the module will be able to demonstrate and apply a critical understanding of:
1) land and property markets;
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Syllabus |
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All |
Introduction to the module and assignment Property rights and the political economy of ownership rights Land economy and the role of the planning system Planning obligations, planning gain and betterment Quantifying property valuation Five methods of property valuation Models of the property development process Revision session/guest speakers
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Teaching and Learning Strategies |
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A lecture programme which introduces students to key concepts and ideas is complemented by visiting speakers to provide examples of current practice. Tutorial and project work enables the key concepts to be explored and applied in greater detail. |
Teaching Schedule |
Lectures | Seminars | Tutorials | Lab Practicals | Fieldwork Placement | Other | TOTAL | |
Study Hours |
20 |
6 |
26 | ||||
Timetable (if known) | |||||||
Private Study | 124 | ||||||
TOTAL HOURS | 150 |
Assessment |
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EXAM | Duration | Timing (Semester) |
% of final mark |
Resit/resubmission opportunity |
Penalty for late submission |
Notes |
Planning & Property Development | 2 hours | First | 70 | No | ||
CONTINUOUS | Duration | Timing (Semester) |
% of final mark |
Resit/resubmission opportunity |
Penalty for late submission |
Notes |
Essay | 1,500 words | First | 30 | No | Students will be asked to complete a residual valuation for a proposed real estate development with an accompanying 1,500 word commentary. |
Recommended Texts |
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Course Text: Scarrett, D. (2008) Property valuation: the five methods. Routledge: London. Recommended reading: Sayce S., Smith, J., Cooper, R. and Venmore-Rowland, P. (2006) Real Estate Appraisal. Blackwell: Oxford. Ratcliffe, J., Stubbs, M., Shepard, M. (2003) Urban Planning and Real Estate Development. Routledge: London. Adams, D., Watkins, C., (2002) Greenfields, Brownfields and Housing Development. Blackwell Science: Oxford. Isaac, D., (1996) Property Development: Appraisal and Finance. Macmillan: London. Webster, C., Wai Chung Lai, L. (2003) Property Rights Planning and Markets. Edward Elgar: Cheltenham. Schiller, R., (2001) The dynamics of Property Location. Spon Press: London. |