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The Impact of Flooding on the Price of Residential Property

A Transactional Analysis of the UK Market

Bibliographic Data

ID11484792
AuthorsJessica Lamond (0000-0001-8931-0192, University of Wolverhampton, corresponding author), David Proverbs (0000-0002-3297-2205, University of Wolverhampton), Felix Hammond (University of Wolverhampton)
Year2010
Volume25
Issue3
Pages335-356
Publication date2010-05-01
Peer ReviewedYes
Open AccessNo
TypeARTICLE
VenueHousing Studies (JOURNAL)
Journal identifiersISSN: 0267-3037 • E-ISSN: 1466-1810
PublisherInforma UK Limited (PUBLISHER • GB)
DOI10.1080/02673031003711543
OpenAlexW2004860797
LanguageEN
Citations received14
References cited30

The increase in frequency and severity of flood events in the UK has highlighted the question of the impact of flooding on the value of property. Previous studies in the UK and internationally have measured a wide variety of impacts from no impact to discounts of more than 40 per cent of property price. Transactional measurements have not previously been attempted in the UK property market due to lack of available data. In order to improve the available evidence base, a variation of the repeat sales methodology has been used to measure the impact of flooding on the price of transacted residential property for 13 locations in the UK. The results reveal the impact of flood events to be highly variable and temporary and no effect of flood designation. The policy implications of these findings with regard to the perceptions and behaviours of property stakeholders are explored

Business · Database transaction · Econometrics · Economic geography · Economics · Flood myth · Flooding (psychology · Geography · Hedonic Pricing · Order (exchange · Property (philosophy · Property market · Property value · Public economics · Real estate · Residential property · Transaction data · Transactional analysis · Computer Science · Flood Risk Assessment and Management · Housing Market and Economics · Housing, Finance, and Neoliberalism · Psychology · Finance

  • Willingness to pay to avoid flooding in Cuttack, India

    Open Access•Jogasankar Mahaprashasta, Pranab Mukhopadhyay et al.•International Journal of Disaster…•2021

  • Public perception of flood hazards in the housing market

    Open Access•Ka‐shing Cheung, Chung Yim Yiu•International Journal of Disaster…•2022

  • Cognitive limits of perceived flood risk on residential property values

    Open Access•Song Shi, Mustapha Bangura et al.•International Journal of Disaster…•2024

  • Quantifying the impacts of climate shocks in commercial real estate markets

    Open Access•Rogier Holtermans, Dongxiao Niu et al.•Journal of Regional Science•2024

  • Assessing the spatial impact of policy interventions on real-estate values

    Open Access•Chris Leishman, Craig Watkins•Regional Studies Regional Science•2017

  • Is Flood Risk Capitalised Into Property Values

    Open Access•Allan Beltrán, David Maddison et al.•Ecological Economics•2017

  • Housing property along riverbanks in Taipei, Taiwan

    Open Access•Pei-Ing Wu, Pei‐Ing Wu et al.•Environment Development and…•2021

  • Introduction

    Stewart Williams, Keith Jacobs•Housing Studies•2011

  • The impact of flood risk on the price of residential properties

    Philippe Belanger, Michael Bourdeau-Brien•Housing Studies•2018

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    Open Access•Noelwah R Netusil, Klaus Moeltner et al.•Land Use Policy•2019

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    Open Access•Michael Mccord, John McCord et al.•Cities•2024

  • A influência dos alagamentos e do bem-estar urbano no mercado imobiliário de apartamentos

    Open Access•Érico Gaspar Lisboa, Roberto Eduardo Bastos Lisboa et al.•urbe Revista Brasileira de Gestão…•2024

  • Vulnerability to flooding

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    Jessica Lamond, Jessica E Lamond et al.•Journal of Risk Research•2009

  • Towards a System of Local House Price Indices

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  • Environmental Injustice or Just the Lie of the Land

    Open Access•Jane Fielding•Sociological Research Online•2007

Unique citing works14
Citations per year0,93
Citation span2011 - 2024 (14)
Citation velocityrecent
Highly citedNo
Citation typesNeutral: 14

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