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The first edition of this classic textbook for valuation surveyors was published in 1943. This new and improved eleventh edition reflects the changes in the property market since 2009, whilst presenting the tried and tested study of the principles governing the valuation of land, houses and buildings of the previous editions. Detailed accounts of the application of these principles to the everday problems met in practice mean this new edition continues to be of excellent value to both students and practitioners alike. This edition continues to support students with its comprehensive coverage of the legal, economic and technical aspects of valuation required by most University and College Real Estate Programmes and to provide trainees (APC Candidates) and practitioners with current and relevant guidance on the preparation of valuations for statutory purposes.