Glossary · GB,AE
Property Valuation
A professional assessment of a property's value based on factors such as location, size, condition, comparable transactions, income and prevailing market conditions.
Around this term
Related terms.
Comparable Sales
Recently completed property transactions used to assess the likely market value of another property with similar characteristics, condition and location.
Lease Extension
The process of extending the remaining term of a residential lease. Lease length can affect a property's value, mortgageability and saleability.
Market Value
An estimate of the price a property could reasonably achieve in an open market between a willing buyer and willing seller, assuming appropriate marketing and normal transaction conditions.
Branded Residence
A residential property associated with a recognised hospitality, fashion, automotive or lifestyle brand, typically offering private ownership alongside hotel-style services or amenities.
Capital Appreciation
An increase in the market value of a property over time, creating a potential capital gain when the property is sold.
Capital Growth
An increase in the value of a property over time. Capital growth is one of the principal potential returns considered by property investors.
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