Flooding and property values What is the impact of flooding on property values?
Lamond, Jessica
Flooding and property values What is the impact of flooding on property values? - London RICS 2009 - RICS Findings in Built and Rural Environments .
Indicates that flooding has only a temporary impact on property values, and after 3 years prices had returned to their normal market level. While flood events in low risk areas had no impact on property prices, being designated at high risk of flooding also has had no effect on property values in areas with no flood events.
ENGLAND AND WALES
Flooding and property values What is the impact of flooding on property values? - London RICS 2009 - RICS Findings in Built and Rural Environments .
Indicates that flooding has only a temporary impact on property values, and after 3 years prices had returned to their normal market level. While flood events in low risk areas had no impact on property prices, being designated at high risk of flooding also has had no effect on property values in areas with no flood events.
ENGLAND AND WALES