The Impact of Road Traffic Noise on Housing Prices – Case Study in Poland

Szopińska Kinga (), Krajewska Małgorzata () and Kwiecień Janusz ()
Additional contact information
Szopińska Kinga: Faculty of Civil and Environmental Engineering and ArchitectureUTP University of Science and Technology, Bydgoszcz, Poland
Krajewska Małgorzata: Faculty of Civil and Environmental Engineering and ArchitectureUTP University of Science and Technology, Bydgoszcz, Poland
Kwiecień Janusz: Faculty of Civil and Environmental Engineering and ArchitectureUTP University of Science and Technology, Bydgoszcz, Poland

Real Estate Management and Valuation, 2020, vol. 28, issue 2, 21-36

Abstract: Noise as a form of environmental pollution negatively affects the attractiveness of residential areas. Its adverse effect is particularly noticeable in the vicinity of roads with high traffic volume. Along with the dynamic development of roads, the problem of the impact of traffic noise on the prices of residential real estate is now common. The purpose of this article was to determine the impact of road traffic noise from a busy route on residential property prices using strategic noise map (SNM) resources as a source of information on real estate. Housing estate was identified in the area of the Polish city of Bydgoszcz. Assuming that the prices of real estate reflect its characteristics, the article attempts to verify the following hypothesis: for residential premises located at Kujawska St., noise is a feature that reduces their price. SNM resources, statistical analyses and econometric modelling were used in the research. The studies show that housing prices vary with acoustic zones, but differences in prices in the areas surveyed are not statistically significant. In addition, the undertaken research has shown that SNM resources can be a source of information on real estate, especially in the context of environmental factors.

Keywords: housing market; road traffic noise; strategic noise map; real estate value (search for similar items in EconPapers)
JEL-codes: Q51 Q53 R31 (search for similar items in EconPapers)
Date: 2020
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://doi.org/10.1515/remav-2020-0013 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:vrs:remava:v:28:y:2020:i:2:p:21-36:n:3

DOI: 10.1515/remav-2020-0013

Access Statistics for this article

Real Estate Management and Valuation is currently edited by Sabina Zrobek

More articles in Real Estate Management and Valuation from Sciendo
Bibliographic data for series maintained by Peter Golla ().