‘The Provision of Adjustment Factors for the Valuation of NIHE Housing 2023/24’

Activity: Consultancy

Description

The project provides NIHE with Adjustment factors for financial year 2023/24, updating the previous adjustment factors calculated in 2022/23. The projected employed the DCLG “Stock Valuation for Resource Accounting: Guidance for Valuers - 2016” Beacon Methodology Guidance 2016 to provide NIHE with sub-regional “adjustment factors” by house type and housing market area and further offered calculation of housing stock valuation. The project also offered a refinement in the approach through research with local estate agents, data output and analysis in accordance with improved data availability and sub-regional analysis premised on stock profile and mix to provide a more robust set of adjustment factors.
Period9 Mar 2024 → 30 Apr 2024
Degree of RecognitionNational

Keywords

  • Valuation
  • Social Housing
  • Local Authority
  • Financial Accounting
  • Appraisal