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Identifying Determinants of Residential Property Values in South London Cover

Identifying Determinants of Residential Property Values in South London

Open Access
|Apr 2011

Abstract

This paper advances the academic work conducted on identifying some of the determinants of residential property values in different countries. Such determinants might include positive factors such as access to amenities, or negative factors such as high voltage overhead transmission lines (HVOTL). The objective explored here is to extend this research in the UK by considering the particular case of residential property values in South London. A number of determinants is considered, grouped and a model which explains the effect of the determinants on value is produced. The elasticities between property values and the distances from different determinants were also analysed to help highlight relationships between the determinants and residential property values. The results showed a relationship between residential property values and the determinants, and a relationship between the determinants themselves.

DOI: https://doi.org/10.2478/v10135-011-0004-0 | Journal eISSN: 1804-1663 | Journal ISSN: 1213-2446
Language: English
Page range: 3 - 11
Published on: Apr 6, 2011
In partnership with: Paradigm Publishing Services
Publication frequency: 2 issues per year

© 2011 Daniel May, Adam Corbin, Philip Hollins, published by Mendel University in Brno
This work is licensed under the Creative Commons License.

Volume 11 (2011): Issue 1 (March 2011)