Spatial Estimation of Housing Prices and Locational Rents

Jorge Chica-Olmo

Urban Studies, 1995, vol. 32, issue 8, 1331-1344

Abstract: This work stems from the widely accepted hypothesis that housing price is determined by two types of characteristic: structural and locational. Under this hypothesis, a methodology is presented for the spatial estimation of housing prices and locational rents: the Iterative Residual Kriging (IRK) method. The methodological aspects are complemented by the presentation of an application of this methodology to the case of housing in Granada, Spain.

Date: 1995
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Persistent link: https://EconPapers.repec.org/RePEc:sae:urbstu:v:32:y:1995:i:8:p:1331-1344

DOI: 10.1080/00420989550012492

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