City Research Online

Abstract

Key findings show that residential properties in England with flood risk are sold at a 8.14% discount compared to non-affected properties. The level of the price discount is strongly correlated with the probability of flood risk. The price discount reaches 31.3% for very high risk properties.

Publication Type:	Report
Additional Information:	Copyright © City, University of London, 2023. All rights reserved. No part of this report (including associated graphs, data, appendices, or attachments) may be reproduced in any material form, distributed, or communicated to any third party, without the copyright owner’s express written permission. For any questions or further information, please contact Dr Nicole Lux (nicole.lux@citystgeorges.ac.uk) Note: This is the 2023 non-technical report. A subsequent peer-reviewed article was published as Skouralis, Lux & Andrew in the Journal of Housing Economics. Link: https://doi.org/10.1016/j.jhe.2024.102027
Subjects:	H Social Sciences > HG Finance
Departments:	Bayes Business School Bayes Business School > Faculty of Finance
SWORD Depositor:	Symplectic Administrator

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