... influences. Secondly, the research utilises instrumental variables within the methodology to estimate house prices using spatial analysis techniques while controlling for endogeneity. Thirdly, it estimates the direct impact of crime on house prices and explores the impact of housing and neighbourhood...

... this effect. Originality/value This paper is the first to assess price impacts of green characteristics in Bucharest and one of the first analysing green premium using spatial techniques. The analysis is of significance to policymakers and real estate developers. Energy performance Spatial analysis...