Home

‘Right first time’ may be wrong every time

29 October 2004

Value for money? The VOA chief executive Andrew Hudson defended the principle of ‘right first time’

Property valuation is a matter of opinion, not simple calculation. The VOA is revaluing 1.74 million properties: no matter how much manpower is thrown at this problem, no organisation could get this many valuations right first time.

This content is only available to registered users

You must be logged in to continue

Gated access promo

Would you like to read more?

Try Property Week For Free to finish this article.

Sign up now for the following benefits:

  • Unlimited access to Property Week
  • Breaking news, comment and analysis from industry experts as it happens
  • Choose from our portfolio of email newsletters

To access this article TRY FOR FREE NOW

Don’t want full access? REGISTER NOW to read this article and up to 3 more this month and subscribe to our newsletters.

Registered users and subscribers SIGN IN here to continue