Measuring the impact of flooding on UK house prices a new framework for small sample problems
Language: English Series: Property Management ; 25(4) 2007, 344-359(16)Publication details: 2007Subject(s): Summary: Research paper attempts to show the importance of information about the effect of flooding and flood risk on house prices. Such information is invaluable to both professional valuers and homeowners. Even after a relatively large flood, the number of properties affected is small and this presents problems for statistical analysts in terms of sample size. Presents a framework for analysing the effect on house value in the UK. The framework is substantially modified from estimation practices applied elsewhere. It attempts to allow transfer to multiple sites and is presented via empirical study. The data issues encountered are described.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | L140125 (Browse shelf(Opens below)) | 1 | Available | 140125-1001 |
Research paper attempts to show the importance of information about the effect of flooding and flood risk on house prices. Such information is invaluable to both professional valuers and homeowners. Even after a relatively large flood, the number of properties affected is small and this presents problems for statistical analysts in terms of sample size. Presents a framework for analysing the effect on house value in the UK. The framework is substantially modified from estimation practices applied elsewhere. It attempts to allow transfer to multiple sites and is presented via empirical study. The data issues encountered are described.