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Property prices in urban areas affected by road traffic noise

By J.C. Blanco and I.H. Flindell

Abstract

This paper reports a revealed preference study into the different effects of road traffic noise on property<br/>values in residential areas with similarly high road traffic sound levels but with what appear to be important<br/>differences in the market for different types of residential property in each area. The results show<br/>significant differences in the revealed effects of noise on property prices between the three areas with<br/>in one case an increasing (and possibly misleading) relationship between higher monetary values and<br/>higher sound levels. A number of possible explanations for the findings are discussed in the paper

Topics: GE
Year: 2011
OAI identifier: oai:eprints.soton.ac.uk:191013
Provided by: e-Prints Soton
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