This paper addresses uncertainty in valuations in relation to the issues raised by the <italic>Mallinson Report</italic>. It shows that valuers have approximately 1 chance in 10 of achieving values within +/- 5% of the mean value. This improves to 1 in 5 if the range is increased to +/- 10%. These figures are,...

The Narodowy Bank Polski organized during November 14-15, 2013 an international workshop to discuss current issues in the field of real estate analysis from the central bank’s point of view. The development of residential real estate prices as well as commercial real estate prices and real...