Professional Documents
Culture Documents
5.0 Methods of Measurement
5.0 Methods of Measurement
MEASUREMENT
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RICS GUIDANCE NOTE: CODE OF MEASURING PRACTICE
INTRODUCTION & OBJECTIVES
o The role of and main definitions in the RICS Code of Measuring Practice.
profession.
o These are contained in two publications:
o The Red Book, and
o Code of Measuring Practice.
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PURPOSE OF THE CODE OF MEASURING PRACTICE
are:
o Gross external floor area (GEA)
o Gross External Area is the area of a building measured externally at each floor level.
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CORE DEFINITIONS, THEIR APPLICATION & DIARAMS
o Application of GIA
o Building cost estimation – recognised method of measurement for calculating building costs.
o Estate Agency & Valuation – basis of measurement for marketing & valuation of industrial
buildings.
o Application of GIA
o Rating – basis of measurement in England & Wales for rating
o Application of GIA
o Property management – basis of measurement for calculation of service
charges.
o New homes valuation – valuation & marketing of residential dwellings.
o Application of GIA
o Estate agency & valuation – valuation & marketing of shops & supermarkets, offices,
o Application of GIA
o Rating – shops & supermarkets, offices, business use.
o Applications:
o NSA used in valuation & marketing of residential units, particularly in new developments.
o EFA used for council tax banding of flats & maisonettes.
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SPECIAL USE DEFINITIONS : LEISURE