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Property prices in urban areas affected by road traffic noise

Property prices in urban areas affected by road traffic noise
Property prices in urban areas affected by road traffic noise
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.
0003-682X
133-141
Blanco, J.C.
afa8a107-7965-47ee-8351-707e2819dbda
Flindell, I.H.
92801193-de59-4b33-af0a-e1a13a77a055
Blanco, J.C.
afa8a107-7965-47ee-8351-707e2819dbda
Flindell, I.H.
92801193-de59-4b33-af0a-e1a13a77a055

Blanco, J.C. and Flindell, I.H. (2011) Property prices in urban areas affected by road traffic noise. Applied Acoustics, 72 (4), 133-141. (doi:10.1016/j.apacoust.2010.11.004).

Record type: Article

Abstract

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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Published date: March 2011
Organisations: Fluid Dynamics & Acoustics Group

Identifiers

Local EPrints ID: 191013
URI: https://eprints.soton.ac.uk/id/eprint/191013
ISSN: 0003-682X
PURE UUID: 82010bec-ca55-473c-ac79-d7663b587705

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Date deposited: 16 Jun 2011 09:00
Last modified: 04 Nov 2019 20:59

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Contributors

Author: J.C. Blanco
Author: I.H. Flindell

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