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CEP Urban and Spatial Programme Blog (formerly SERC):
Valuing the environmental benefits of canals using house prices

2 April 2019

Our recent research investigates the value of this resource to local residents in England and Wales, using house prices. Analysis of house prices is a well-established method within urban and environmental economics for establishing the value of amenities - such as good schools, transport, low crime or low pollution. This value is expressed as the monetary value of other types of consumption that people have to sacrifice in order to pay more for housing close to a desirable amenity (or away from an undesirable one).

Read more... CEP Urban and Spatial Programme Blog (formerly SERC)