locationvalue
nounUK /ləʊˈkeɪʃən ˈvæljuː/
US /loʊˈkeɪʃən ˈvæljuː/
The worth of a place based on where it is.
The location value of the house near the park made it cost more.
OTHER MEANINGS
2. The importance of a spot for a certain activity.
The location value of the hill for a fort was very high.
3. A number that shows how good a place is for something.
The game gave each square a location value from one to ten.
4. The benefit of being in a particular area.
The store's location value grew when a new road was built nearby.