Modelling environmental influences on property prices in an urban environment

@inproceedings{Lake1998ModellingEI,
  title={Modelling environmental influences on property prices in an urban environment},
  author={Iain R. Lake and Andrew A. Lovett and Ian J. Bateman and Ian H. Langford},
  year={1998}
}
Abstract The aim of this research was to assign money values to the negative impacts associated with road development, more specifically noise and visual intrusion. These impacts do not have observable prices and so have to be calculated indirectly. One way of doing this is to examine their effect upon house prices. The valuations such a method produces can then be included alongside other costs and benefits in the appraisal of a road development. However in order to calculate these prices, one… CONTINUE READING

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