land
Article
Novel Exploratory Spatiotemporal Analysis to Identify
Sociospatial Patterns at Small Areas Using Property Transaction
Data in Dublin
Hamidreza Rabiei-Dastjerdi * and Gavin McArdle
Citation: Rabiei-Dastjerdi, H.;
McArdle, G. Novel Exploratory
Spatiotemporal Analysis to Identify
Sociospatial Patterns at Small Areas
Using Property Transaction Data in
Dublin. Land 2021, 10, 566. https://
doi.org/10.3390/land10060566
Academic Editors: Miroslaw Belej,
Malgorzata Krajewska and
Izabela R ˛ acka
Received: 19 April 2021
Accepted: 25 May 2021
Published: 28 May 2021
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4.0/).
School of Computer Science and CeADAR, University College Dublin, Dublin 4, Ireland; gavin.mcardle@ucd.ie
* Correspondence: hamid.rabiei@ucd.ie
Abstract: The residential real estate market is very important because most people’s wealth is in
this sector, and it is an indicator of the economy. Real estate market data in general and market
transaction data, in particular, are inherently spatiotemporal as each transaction has a location and
time. Therefore, exploratory spatiotemporal methods can extract unique locational and temporal
insight from property transaction data, but this type of data are usually unavailable or not sufficiently
geocoded to implement spatiotemporal methods. In this article, exploratory spatiotemporal methods,
including a space-time cube, were used to analyze the residential real estate market at small area scale
in the Dublin Metropolitan Area over the last decade. The spatial patterns show that some neigh-
borhoods are experiencing change, including gentrification and recent development. The extracted
spatiotemporal patterns from the data show different urban areas have had varying responses during
national and global crises such as the economic crisis in 2008–2011, the Brexit decision in 2016, and the
COVID-19 pandemic. The study also suggests that Dublin is experiencing intraurban displacement
of residential property transactions to the west of Dublin city, and we are predicting increasing spatial
inequality and segregation in the future. The findings of this innovative and exploratory data-driven
approach are supported by other work in the field regarding Dublin and other international cities.
The article shows that the space-time cube can be used as complementary evidence for different fields
of urban studies, urban planning, urban economics, real estate valuations, intraurban analytics, and
monitoring sociospatial changes at small areas, and to understand residential property transactions
in cities. Moreover, the exploratory spatiotemporal analyses of data have a high potential to highlight
spatial structures of the city and relevant underlying processes. The value and necessity of open
access to geocoded spatiotemporal property transaction data in social research are also highlighted.
Keywords: real estate market; residential property; exploratory spatiotemporal analysis; small
area; Dublin
1. Introduction
The real estate market is attractive from different perspectives to analyze urban prob-
lems such as spatial inequality [1,2], gentrification [3], land development [4], and urban
economy [5]. Housing prices are not constant in all areas of the city, and intraurban varia-
tion of residential properties price is determined by different characteristics of the location,
including urban facilities and services, environmental and socioeconomic conditions, and
security and safety [6,7]. On the other hand, the property price is changing over time
because of changes in endogenous and exogenous factors such as the local and national
economy [8–10], urban policy [11], macro-economic factors such as financial crises [12],
world real estate economy, and stock markets [13]. Therefore, we can conclude that location
and time of residential property transactions are two of the primary components of a
residential property price if all other building characteristics are constant such as the size
of the building and the lot, the number of rooms, and energy system [14].
Land 2021, 10, 566. https://doi.org/10.3390/land10060566 https://www.mdpi.com/journal/land