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An assessment of the effects of conservation areas on value Final Report May 2012 [electronic resource]

By: Language: English Publication details: London London School of Economics 2012Subject(s): Online resources: Summary: Research into the effects of conservation areas on value. A statistical analysis of over one million property transactions between 1995 and 2010 from the Nationwide building society was conducted along with data on the characteristics of over 8000 English conservation areas. Also assessed were people's perceptions of conservation areas and how these relate to house prices. Findings include the fact that houses in conservation areas sell for a premium of 23% on average and a premia of around 9% exists even after adjusting for other factors that affect house prices such as location and type of property. Also noted was that people value living near to conservation areas.
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Book Virtual Online ONLINE PUBLICATION (Browse shelf(Opens below)) 1 Available 156766-2001

Research into the effects of conservation areas on value. A statistical analysis of over one million property transactions between 1995 and 2010 from the Nationwide building society was conducted along with data on the characteristics of over 8000 English conservation areas. Also assessed were people's perceptions of conservation areas and how these relate to house prices. Findings include the fact that houses in conservation areas sell for a premium of 23% on average and a premia of around 9% exists even after adjusting for other factors that affect house prices such as location and type of property. Also noted was that people value living near to conservation areas.