Research paper the predictive use of gis to model property valuations

Paul Longley; Gary Higgs; David Martin

doi:10.1080/02693799408901995

Research paper the predictive use of gis to model property valuations

Paul Longley, Gary Higgs, David Martin

Research output: Contribution to journal › Article › peer-review

22 Citations (Scopus)

Abstract

GIS is a technology which is ideally suited to analysis of the market values of properties, since such values are based upon spatial comparisons as well as individual property attributes. Great Britain now has a new mechanism of local taxation, the council tax, which is based upon the capital values of properties. Centra] to the implementation of this tax has been the potentially controversial assignment of properties to valuation ‘bands’. This paper posits that a geographical model embedded within a GIS provides an alternative means of devising credible capital values, and anticipates some of the prospects for the use of GIS in local revenue-raising.

Original language	English
Pages (from-to)	217-235
Number of pages	19
Journal	International Journal of Geographical Information Systems
Volume	8
Issue number	2
DOIs	https://doi.org/10.1080/02693799408901995
Publication status	Published - 1994

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10.1080/02693799408901995

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title = "Research paper the predictive use of gis to model property valuations",

abstract = "GIS is a technology which is ideally suited to analysis of the market values of properties, since such values are based upon spatial comparisons as well as individual property attributes. Great Britain now has a new mechanism of local taxation, the council tax, which is based upon the capital values of properties. Centra] to the implementation of this tax has been the potentially controversial assignment of properties to valuation {\textquoteleft}bands{\textquoteright}. This paper posits that a geographical model embedded within a GIS provides an alternative means of devising credible capital values, and anticipates some of the prospects for the use of GIS in local revenue-raising.",

author = "Paul Longley and Gary Higgs and David Martin",

note = "Funding Information: We are very grateful to staff of the Valuation Office Agency (London and Cardiff, U.K.) for making Valuation List information available to us, and to Alan Stevens and colleagues at Cardiff City Council for their interest and assistance in supplying data: the usual disclaimers apply. A draft version of this paper was presented at the Annual Conference of the Association of American Geographers, Atlanta, 9 April 1993. This research was funded by the Economic and Social Research Council grant no. ROO023 4707.",

year = "1994",

doi = "10.1080/02693799408901995",

language = "English",

volume = "8",

pages = "217--235",

journal = "International Journal of Geographical Information Systems",

issn = "0269-3798",

publisher = "Taylor & Francis",

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T1 - Research paper the predictive use of gis to model property valuations

AU - Longley, Paul

AU - Higgs, Gary

AU - Martin, David

N1 - Funding Information: We are very grateful to staff of the Valuation Office Agency (London and Cardiff, U.K.) for making Valuation List information available to us, and to Alan Stevens and colleagues at Cardiff City Council for their interest and assistance in supplying data: the usual disclaimers apply. A draft version of this paper was presented at the Annual Conference of the Association of American Geographers, Atlanta, 9 April 1993. This research was funded by the Economic and Social Research Council grant no. ROO023 4707.

PY - 1994

Y1 - 1994

N2 - GIS is a technology which is ideally suited to analysis of the market values of properties, since such values are based upon spatial comparisons as well as individual property attributes. Great Britain now has a new mechanism of local taxation, the council tax, which is based upon the capital values of properties. Centra] to the implementation of this tax has been the potentially controversial assignment of properties to valuation ‘bands’. This paper posits that a geographical model embedded within a GIS provides an alternative means of devising credible capital values, and anticipates some of the prospects for the use of GIS in local revenue-raising.

AB - GIS is a technology which is ideally suited to analysis of the market values of properties, since such values are based upon spatial comparisons as well as individual property attributes. Great Britain now has a new mechanism of local taxation, the council tax, which is based upon the capital values of properties. Centra] to the implementation of this tax has been the potentially controversial assignment of properties to valuation ‘bands’. This paper posits that a geographical model embedded within a GIS provides an alternative means of devising credible capital values, and anticipates some of the prospects for the use of GIS in local revenue-raising.

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DO - 10.1080/02693799408901995

M3 - Article

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SN - 0269-3798

VL - 8

SP - 217

EP - 235

JO - International Journal of Geographical Information Systems

JF - International Journal of Geographical Information Systems

IS - 2

ER -

Research paper the predictive use of gis to model property valuations

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