Testing land valuation methodologies

The Welsh Government commissioned this project to test, compare and understand a range of methodologies for estimating land values in Wales. The work does not attempt to identify a single “true” value for land. Instead, it assembles the most comprehensive Wales-wide land, property and amenity datasets yet brought together, applies multiple modelling approaches at national and local levels, and examines how members of the public respond to different valuation methods. The findings show what can be achieved with today’s data, what cannot, and where future effort would most usefully be directed.