Commercial capital index
commercial_index_seriesRepeat-sales CAPITAL index for UK commercial property, quarterly,
1995Q1 = 100.
Three families exist and nothing else: national ALL; national x sector
for the sectors that passed the level gate (OFFICE, RETAIL, HOTEL,
HOLIDAY_LET); and local authority x ALL for the 19 authorities with enough
pooled repeat sales. There is deliberately NO local x sector series — a
local sector cell is too thin to carry an index — so for "office values in
Manchester" call twice, sector="OFFICE" (national) and area="Manchester"
(ALL), and present the two side by side; each is real.
`area`: omit for national; a local authority NAME ("Manchester", "South
Hams") for the city scope. `sector`: omit for ALL, or a sector name.
`start` / `end`: "2015", "2015Q1", "2015-Q1" or "2015-06"; `end` is
inclusive.
`provenance.method` is repeat_sales for the raw estimator and
repeat_sales_shrunk where thin quarters were blended toward the national
increment; `n_pairs` per quarter is the straddle count, and a quarter with
few pairs is carried by the blend. An empty `series` with
`available_sectors` means the area exists but that sector is not published
for it; an unknown area is an error naming the nearest matches.
This is a capital-value index. For RENTS use commercial_rent_index_series;
the two are not interchangeable (capital = rent / yield, and yields
moved). UK only. Free.
Input Schema
| Name | Required | Description | Default |
|---|---|---|---|
| end | No | ||
| area | No | ||
| limit | No | ||
| start | No | ||
| sector | No |
Output Schema
| Name | Required | Description | Default |
|---|---|---|---|
No arguments | |||