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This MSc module delves into the relationship between urban design and real estate dynamics, with a focus on residual valuation and place value. As urban landscapes evolve, understanding the interplay between design elements and real estate economics becomes increasingly crucial for informed decision-making and sustainable development.

Through a blend of theoretical frameworks and practical case studies, students will explore the concept of residual valuation, which assesses the value of a property based on its development potential. By examining factors such as land values, construction costs, and expected returns, students will gain insight into the financial underpinnings of urban projects and their implications for design choices.

Moreover, the module explores into the notion of place value, recognising that the attractiveness and functionality of urban spaces go beyond monetary considerations. Students will investigate how urban design principles influence the perceived value of places, shaping social interactions, cultural identity, and community well-being. By analysing successful and failing urban revitalisation initiatives and assessing the impact of design interventions on property values, students will uncover strategies to enhance both economic viability and liveability within urban environments.

Throughout the module, interdisciplinary perspectives will be encouraged, drawing insights from fields such as architecture, urban planning, economics, and sociology. By fostering critical thinking and analytical skills, students will be equipped to navigate the complex terrain of urban design and real estate, contributing to more sustainable and inclusive urban development practices.