Blanco, J.C. and Flindell, I.H.
Property prices in urban areas affected by road traffic noise.
Applied Acoustics, 72, (4), . (doi:10.1016/j.apacoust.2010.11.004).
This paper reports a revealed preference study into the different effects of road traffic noise on property
values in residential areas with similarly high road traffic sound levels but with what appear to be important
differences in the market for different types of residential property in each area. The results show
significant differences in the revealed effects of noise on property prices between the three areas with
in one case an increasing (and possibly misleading) relationship between higher monetary values and
higher sound levels. A number of possible explanations for the findings are discussed in the paper.
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