Street Value: Assessing Non-Euclidean Metrics in Spatial Analysis Applied to Property Values

نویسنده

  • Chris Brunsdon
چکیده

however, it is not always clear what ‘near’ means in this context. The simplest definition, if the data being analysed consists of spatial point data, is to work with Euclidean (or straight line) distances however this is not always a reliable indicator of proximity. A number of alternative measures of proximity are possible for example travel times or travel distances based on routes on roads connecting locations. In this study a number of spatial analytical techniques for predicting property prices on the basis of spatial trend are compared. For this initial study, variability in prices due to the size and type of property is accounted for by considering only two-bedroom flats. Future investigations will consider a fuller study

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تاریخ انتشار 2012