We have for the first time an economy based on a key resource that is not only renewable, but self-generating. Running out of it is not a problem, but drowning in it is (Naisbitt, 1982).

The aim of this paper is to attempt to measure the effect of location on residential house prices and to endeavour to integrate spatial and aspatial data in terms of developing a hybrid predictive model. The research attempts to develop a range of compensation factors based upon residual error that can be applied to unsold properties.

No abstract

Notes that the development appraisal seeks to establish the potential use value of land as a golf course. Points out that achieving optimum productivity may be seriously hampered by the “conservatism” of planning authorities reluctant to allow added value in the form of other facilities, particularly any associated housing development and especially in metropolitan greenbelts. Concludes that developers will recognise the need to initiate market researched appraisal‐led schemes and planners will have to reconcile market forces with environmental objectives.

No abstract