The problem of the current method of mass cadastral valuation of land settlements with the type of permitted use - for individual housing. This problem is that the regression analysis used in the present method does not include the cost depending land on their mutual position. A study of the source data proved that the market value of land depends on the degree of proximity of land from each other. On this basis, the work was proposed to use a new, more correct cadastral valuation method - the method of geostatistical interpolation (kriging).
Keywords: cadastral value, geostatistics, regression, interpolation, kriging