Measurement Flashcards

1
Q

What does the RICS Code of Measuring 2015 outline?

A

The code provides precise definition to ensure a consistent approach to measurement (excluding offices and residential)

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2
Q

What does the RICS Property Measurement (2nd edition) 2018 outline?

A

Updates the code of measuring to incorporate International Property Measurement Standards. Mandatory for offices and residential 1st May 2018.

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3
Q

What are the benefits of IPMS?

A
  • Provides consistency in global property market / greater transparency
  • Works alongside IFRS and IVS
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4
Q

Different types of IPMS measurements?

A
  1. IPMS 1 – GEA – for planning and building cost purposes
  2. IPMS 2 – GIA – for agency and valuation purposes
  3. IPMS 3 – NIA – for agency and valuation purposes
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5
Q

What are the different types of measurements used for? (GEA, GIA & NIA)

A

GEA – Town Planning, council tax, building estimates (resi)

GIA – Estate agency, rating, building cost estimation (commercial), val – industrial, retail warehouses (2-3% discount from GEA)

NIA – as above but for shops and offices (15% discount from GIA)

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6
Q

What does the IPMS All Buildings 2023 outline?

A
  • This document supersedes all standards previously published standards by the IPMS Coalition.
  • Aims to provide a methodology which can be used for all building types in the world (promoting international collaboration).
  • The RICS is yet to adopt this form of measurement. If they do, they believe it will replace RICS Property Measurement 2018.
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7
Q

What does GIA (RWH / Industrial) include and exclude?

A
  • Includes – columns, lift wells, mezz with permanent access, loading bays
  • Excludes – canopies, fire escapes
  • Measuring mezzanines – permanent access available then you measure this
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8
Q

What does NIA (Shops / Offices) include and exclude?

A

Includes -
Lift lobbies

Kitchens - cupboards (if built in).

Excludes -
WC’s

Plant/lift rooms

Stairwells

Permanent circulation areas

Areas less than 1.5m and permanent circulation areas

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9
Q

What is internal eaves height?

A

Clear height between the floor and the lowest point on underside of roof

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10
Q

Difference between gross and net frontage?

A
  • Gross frontage – overall external measurement in a straight line across the front of the building
  • Net frontage – overall frontage of the shop line measured between internal face of external walls
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11
Q

What are the different scales?

A

1:50 Room Plan
1:100 Building Plan
1:1,250 Street / Location Plan
1:2,500 Location Plan
1:50,000 Road Map

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12
Q

What is the acceptable variance in measurements?

A

Acceptable variance depends on property to property. Typically you would have an acceptable variance of 1-5%.

But you have to keep in mind that missing square footage on for example a unit on Bond Street will have a far more materialistic impact on value than missing a square footage on a 100,000 sq ft industrial unit.

Either way if there is a variance that is significant enough, I would undertake a second measurement or have someone else do it

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13
Q

How would you measure the site area in person?

A

Use a trundle wheel

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14
Q

What is the difference between IPMS 3 and NIA?

A

Additional areas included in IPMS 3 – Office compared to
NIA under the Code of measuring practice are:

  • Measured to the internal dominant face
  • Columns and any associated ‘unusable space is included
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15
Q

Under RICS Professional Statement - Property Measurement 2018. What is required when providing measurement?

A

1 - Date of measurement

2 - Measuring methodology

3 - Scale plans if used

4 - Advise on the benefit of IPMS

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16
Q

What is potential source of error when measuring?

A

The distometer may not be calibrated.

Take check measurements every time.

Human error.

17
Q

What is the internal dominant face?

A

The internal dominant face is used in IPMS.

Measurements are to the section of the wall where there is 50% or more of the floor to ceiling height.