Map of average unit prices (PLN/square meter of GFA) of commercial developed lands in Warsaw and adjacent counties
Map of average unit prices (PLN/square meter of GFA) of commercial developed lands in Warsaw and counties [powiat]: Grodzisk Mazowiecki County, Legionowo County, Mińsk County, Nowy Dwór Mazowiecki County, Otwock County, Piaseczno County, Pruszków County, Warsaw West County and Wołomin County.Transaction prices from the years 2006-2014 Price update level: October 2014
The indications of the price map shall be treated as an average price, which is corrected on the account of particular features of the real estate being appraised which deviate from the average upwards or downwards.
A typical price, average for a particular neighbourhood, indicated in the price map is usually close to the value of the real estate having the market features close to the typical, average ones in this location. One has to take into account the fact that the value of a specific real estate depends on its specific features such as general and particular location, access to road, shape, connection to different utilities, type of building, physical features of the buildings, number of storeys, type of structure, period of construction, technical condition, zoning and other constraints etc. In order to be able to find the value of a specific real estate, the appraisal of the real estate taking into consideration its individual features has to be made.
market analysis: Analysis Department in the company realexperts.pl sp. z o.o. head of research: Tomasz Kotrasiński, MPAI scientific mentoring of the research: Polish Appraisal Institute
The analysis of the distribution of prices in relation to latitude and longitude using the method of high-resolution locally weighted non-parametric regression was performed using the XLStat software of Addinsoft company. The visualization of isoprices was made with Surfer 12.5 software of Golden Software, Inc. company Map layer: OpenStreetMap
The system of isoprices (lines of unit prices) in PLN per square meter of area of overground storeys corresponds with natural logarithms LN (5.0) + LN (0.15) ISOPRICES-0.15