EconPapers    
Economics at your fingertips  
 

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

Scott Orford
Additional contact information
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

Environment and Planning B, 2010, vol. 37, issue 2, 248-264

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.

Date: 2010
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://journals.sagepub.com/doi/10.1068/b35082 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:sae:envirb:v:37:y:2010:i:2:p:248-264

DOI: 10.1068/b35082

Access Statistics for this article

More articles in Environment and Planning B
Bibliographic data for series maintained by SAGE Publications ().

 
Page updated 2025-03-19
Handle: RePEc:sae:envirb:v:37:y:2010:i:2:p:248-264