Imperial College London

Richard Anderson

Faculty of EngineeringDepartment of Civil and Environmental Engineering

Managing Director RTSC
 
 
 
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Contact

 

+44 (0)20 7594 6092richard.anderson Website CV

 
 
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Assistant

 

Ms Alexandra Williams +44 (0)20 7594 5995

 
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Location

 

612Skempton BuildingSouth Kensington Campus

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Summary

 

Publications

Citation

BibTex format

@article{Mohammad:2012,
author = {Mohammad, S and Graham, D and Melo, P and Anderson, R},
title = {A meta-analysis of the impact of Rail Projects on Land and Property values},
year = {2012}
}

RIS format (EndNote, RefMan)

TY  - JOUR
AB - The literature on land/property values demonstrates large variability in the estimated change in values arising from rail investments. This study conducts a meta-analysis on empirical estimates for 102 observations on the same. The factors that produce significant variations include the type of land use, the type of rail, rail maturity, the distance to stations, the geographical location, accessibility to other modes, methodological characteristics, and whether the impacted area is land or property. On the other hand, we observe that changes in purchase price and rent values are statistically indifferent, that there is no evidence of change in values over time nor due to the location of land/property within the city, and that including property and neighbourhood characteristics in the model do not change values significantly. Publication bias tests are performed and show that although researchers tend to report positive and negative results, they tend to be biased towards significant estimates.
AU - Mohammad,S
AU - Graham,D
AU - Melo,P
AU - Anderson,R
PY - 2012///
TI - A meta-analysis of the impact of Rail Projects on Land and Property values
ER -