Data from: Quantifying the link between art and property prices in urban neighbourhoods

Is there an association between art and changes in the economic conditions
of urban neighbourhoods? While the popular media and policymakers commonly
believe this to be the case, quantitative evidence remains lacking. Here,
we use metadata of geotagged photographs uploaded to the popular
image-sharing platform Flickr to quantify the presence of art in London
neighbourhoods. We estimate the presence of art in neighbourhoods by
determining the proportion of Flickr photographs which have the word ‘art’
attached. We compare this with the relative gain in residential property
prices for each Inner London neighbourhood. We find that neighbourhoods
which have a higher proportion of ‘art’ photographs also have greater
relative gains in property prices. Our findings demonstrate how online
data can be used to quantify aspects of the visual environment at scale
and reveal new connections between the visual environment and crucial
socio-economic measurements.