60 likes | 81 Views
This study utilizes Linear Valuation Method (LVM) and Contingent Valuation Method (CVM) to analyze the impact of landfills on housing values in a hypothetical scenario near Verwood. Data includes housing stock, seller prices, value changes by zones, and resultant valuations. Findings sourced from DEFRA, Cambridge Econometrics, estate agents, and public data.
E N D
This Data has been collated using two calculation methods LVM - Linear Valuation Method. A Statistical analysis of known UK landfill effects. CVM – Contingent Valuation Method. An approach which uses public reaction in terms ofhypothetical scenario put to respondents. The Hypothetical Scenario: En-route to Verwood from Ringwood, Aprox. 2miles of the B3081 you can see the Purple Haze site extraction clearly. Tree felling, Large plant machinery, Land Excavation and noticeable HGV activity. Also noticeable is local signage opposing the landfill. Contents: Pg.2 Radial zones showing boundary of the LV statistical method. Pg.3 Zone boundary of the CV hypothetical method. Pg.4 Current Housing Stock. Pg.5 Current Seller Asking Price. Pg.6 Result of Estimated House Value Change.
Linear Valuation Model (LVM) Zone 4 2.0miles Zone 3 1.5miles Zone 2 1.0mile Zone 1 0.5mile
Contingent Valuation Model (CVM) Zone 4 Zone 3 2.0miles 1.5miles Zone 2 1.0mile Zone 1 Expected to experience the largest impact 0.5mile
Resultant Stock by Type LVM CVM
Resultant Valuation Average Price Result by zone
Result This study and final percentage results are concluded using information from: DEFRA - Department for Environment Food and Rural Affairs. Cambridge Econometrics. Local Estate Agents and Public. Approximately 6’100 GB landfill sites and over 550’000 housing transactions.