University College of Estate Management

First published in 1913, Richard Parry’s Valuation and Investment Tables has since become an essential tool for students and professionals in the study and practice of valuation and appraisal. That the book reached its centenary year in print and now fourteenth edition is a testament to its acclaim by the valuation and property professionals in an era of calculators and computers, and furthermore a tribute to the historical importance of Parry’s original vision and continued legacy.

The purpose of the book is to provide a comprehensive range of different valuation and investment tables in one volume. Although many of the tables will be used by practicing surveyors for valuation purposes, they will also be useful to accountants and others concerned with various types of investment and financial calculations.

Surveyors valuing freehold or leasehold interests in property have the choice of using either (a) annually in arrear, or (b) quarterly in advance figures of years’ purchase. The relevant tables for each concept are printed on different coloured edged pages for ease of reference.

In practice today, calculations are required for a variety of purposes which often justify more than one approach. To allow for this, Internal Rates of Return tables have been retained. Using these tables, both growth and non-growth scenarios can be analysed for more detailed appraisal of specific freehold properties and to provide a basis for more in-depth investment advice.

At University College of Estate Management (UCEM), the core purpose, as signposted in our Royal Charter, is and always has been to provide accessible, relevant and cost-effective education, enhancing careers, increasing professionalism and contributing to a better Built Environment. Since the foundation of the College of Estate Management in 1919, this core purpose has driven the institution’s activity.