IDEAS home Printed from https://ideas.repec.org/a/sae/envirb/v37y2010i2p248-264.html
   My bibliography  Save this article

Towards a Data-Rich Infrastructure for Housing-Market Research: Deriving Floor-Area Estimates for Individual Properties from Secondary Data Sources

Author

Listed:
  • Scott Orford

    (Welsh Institute of Social and Economic Research, Data and Methods (WISERD) and School of City and Regional Planning, Cardiff University, Glamorgan Building, King Edward VII Avenue, Cardiff CF10 3WA, Wales)

Abstract

Recent years have witnessed substantial advances in the precision and availability of digital infrastructure data, remote sensing data, and microscale socioeconomic data for urban areas in many parts of the world. However, these data still remain deficient in detail especially with respect to the fine-grained property-level structural attributes that form the basis of housing-market models and simulations. This lack of detail is hindering the development of house-price models, the validation of housing-market theories, and restricting the quality of empirical input into urban planning. A methodology is developed for deriving estimates of floor area for individual properties from the integration of Ordnance Survey Mastermap data and Environment Agency LiDAR data for an area in the city of Cardiff, Wales. Floor area is an important determinant of house price and a fundamental variable in housing-market models. The estimates are validated against measures of floor area obtained from an estate-agent survey of a large sample of properties. The research investigates the reasons for the differences in the estimates and the implications for the methodology. The paper concludes with a discussion about how the methodology can be developed and some future research applications.

Suggested Citation

  • Scott Orford, 2010. "Towards a Data-Rich Infrastructure for Housing-Market Research: Deriving Floor-Area Estimates for Individual Properties from Secondary Data Sources," Environment and Planning B, , vol. 37(2), pages 248-264, April.
    • Handle: RePEc:sae:envirb:v:37:y:2010:i:2:p:248-264
    DOI: 10.1068/b35082
    as

    Download full text from publisher

    File URL: https://journals.sagepub.com/doi/10.1068/b35082
    Download Restriction: no
    File URL: https://libkey.io/10.1068/b35082?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. G. Sirmans & Lynn MacDonald & David Macpherson & Emily Zietz, 2006. "The Value of Housing Characteristics: A Meta Analysis," The Journal of Real Estate Finance and Economics, Springer, vol. 33(3), pages 215-240, November.
    2. Richard M. Bird & Enid Slack (ed.), 2004. "International Handbook of Land and Property Taxation," Books, Edward Elgar Publishing, number 3304.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Bonnet, Odran & Chapelle, Guillaume & Trannoy, Alain & Wasmer, Etienne, 2021. "Land is back, it should be taxed, it can be taxed," European Economic Review, Elsevier, vol. 134(C).
    2. Mai, Nhat Chi, 2018. "도이모이 이후 베트남의 주거 이동, 선택, 가격 결정요인 연구: 호치민시 사례 중심으로," OSF Preprints 6kdfy, Center for Open Science.
    3. Jay Mittal, 2017. "Valuing Visual Accessibility of Scenic Landscapes in a Single Family Housing Market: A Spatial Hedonic Approach," ERES eres2017_1, European Real Estate Society (ERES).
    4. Koji Karato & Oleksandr Movshuk & Chihiro Shimizu, 2015. "Semiparametric Model of Hedonic Housing Prices in Japan," Asian Economic Journal, East Asian Economic Association, vol. 29(4), pages 325-345, December.
    5. Löffler, Max & Siegloch, Sebastian, 2015. "Property Taxation, Local Labor Markets and Rental Housing," VfS Annual Conference 2015 (Muenster): Economic Development - Theory and Policy 112967, Verein für Socialpolitik / German Economic Association.
    6. Oliver W. Lerbs & Christian A. Oberst, 2014. "Explaining the Spatial Variation in Homeownership Rates: Results for German Regions," Regional Studies, Taylor & Francis Journals, vol. 48(5), pages 844-865, May.
    7. Jay Mittal & Sweta Byahut, 2019. "Scenic landscapes, visual accessibility and premium values in a single family housing market: A spatial hedonic approach," Environment and Planning B, , vol. 46(1), pages 66-83, January.
    8. Richard M. Bird & Enid Slack, 2005. "Land and Property Taxation in 25 Countries: A Comparative Review," ifo DICE Report, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 3(3), pages 34-42, November.
    9. Roy Kelly, 2014. "Implementing sustainable property tax reform in developing countries," Chapters, in: Richard M. Bird & Jorge Martinez-Vazquez (ed.), Taxation and Development: The Weakest Link?, chapter 10, pages 326-363, Edward Elgar Publishing.
    10. Ottoz, Elisabetta & Pavese, Piermassimo & Sella, Lisa, 2020. "The Effect of Movida on Residential Property Prices: An Example from Turin," Department of Economics and Statistics Cognetti de Martiis. Working Papers 202027, University of Turin.
    11. Roy Bahl, 2017. "Metropolitan city finances in Asia and the Pacific region: issues, problems and reform options," MPDD Working Paper Series WP/17/04, United Nations Economic and Social Commission for Asia and the Pacific (ESCAP).
    12. Qiwei Song & Yifeng Liu & Waishan Qiu & Ruijun Liu & Meikang Li, 2022. "Investigating the Impact of Perceived Micro-Level Neighborhood Characteristics on Housing Prices in Shanghai," Land, MDPI, vol. 11(11), pages 1-21, November.
    13. repec:idb:brikps:445 is not listed on IDEAS
    14. Jibao, Samuel & Prichard, Wilson, 2016. "Rebuilding Local Government Finances After Conflict: Lessons from a Property Tax Reform Programme in Post-Conflict Sierra Leone," Working Papers 13739, Institute of Development Studies, International Centre for Tax and Development.
    15. Dean Gatzlaff & Peng Liu, 2013. "List Price Information in the Negotiation of Commercial Real Estate Transactions: Is Silence Golden?," The Journal of Real Estate Finance and Economics, Springer, vol. 47(4), pages 760-786, November.
    16. Bonakdar, Said Benjamin & Roos, Michael W. M., 2021. "Dissimilarity effects on house prices: What is the value of similar neighbours?," Ruhr Economic Papers 894, RWI - Leibniz-Institut für Wirtschaftsforschung, Ruhr-University Bochum, TU Dortmund University, University of Duisburg-Essen.
    17. Wun-Jheng Wu & Pei-Ing Wu & Je-Liang Liou, 2021. "Boon or Bane: Effect of Adjacent YIMBY or NIMBY Facilities on the Benefit Evaluation of Open Spaces or Cropland," Sustainability, MDPI, vol. 13(7), pages 1-20, April.
    18. Richard M. Bird, 2011. "Subnational Taxation In Developing Countries: A Review Of The Literature," Journal of International Commerce, Economics and Policy (JICEP), World Scientific Publishing Co. Pte. Ltd., vol. 2(01), pages 139-161.
    19. Furth, Salim, 2021. "Foundations and Microfoundations: Building Houses on Regulated Land," Working Papers 10752, George Mason University, Mercatus Center.
    20. Bird, Richard M. & Zolt, Eric M., 2011. "Dual Income Taxation: A Promising Path to Tax Reform for Developing Countries," World Development, Elsevier, vol. 39(10), pages 1691-1703.
    21. Bettina Aten & Eric Figueroa & Troy Martin, 2011. "Notes on Estimating the Multi-Year Regional Price Parities by 16 Expenditure Categories: 2005-2009," BEA Working Papers 0071, Bureau of Economic Analysis.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:sae:envirb:v:37:y:2010:i:2:p:248-264. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: SAGE Publications (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.