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Property Price and Location: What Spatial Values Relate Best to Residential Property Price?

O'Dea, Siobhan (2014) Property Price and Location: What Spatial Values Relate Best to Residential Property Price? Diploma thesis, Dublin, National College of Ireland.

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Abstract

This dissertation examines the relationships between residential property price, location and social values in the context of hedonic models from a wider urban studies point of view. Hedonic price indexes are regarded as best practice for tracking change in residential property prices. Optimum methods of accounting for the value of location in the hedonic models from which the indexes are derived are not yet defined. The grain at which location is considered within the model affects the outcome. Finer grained data improves perfor-mance, although the optimum level and nature of aggregation is unclear. This dissertation undertakes exploratory analysis in the field.

The first part of the analysis examines the social landscape of Dublin City and how it relates to residential property prices. The second part of the analysis applies a novel perspective grounded in urban social theory to the problem of accounting for location in hedonic mod-els and proposes a practical solution.

Item Type: Thesis (Diploma)
Subjects: Q Science > QA Mathematics > Electronic computers. Computer science
T Technology > T Technology (General) > Information Technology > Electronic computers. Computer science
Divisions: School of Computing > Higher Diploma in Science in Data Analytics
Depositing User: CAOIMHE NI MHAICIN
Date Deposited: 16 Dec 2014 15:26
Last Modified: 16 Dec 2014 15:26
URI: http://trap.ncirl.ie/id/eprint/1896

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