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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 of hypothetical scenario put to respondents. - PowerPoint PPT Presentation
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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 of hypothetical 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.
Zone 1
Zone 2
Zone 3
1.0mile
0.5mile
1.5miles
Linear Valuation Model (LVM)
Zone 42.0miles
Zone 1Zone 2
Zone 3
1.0mile
0.5mile
1.5miles
Contingent Valuation Model (CVM)
Zone 42.0miles
Expected to experience the largest impact
Resultant Stock by Type
Qty 2010 figures Detached 3,770 3770 Semi 776 776 Terraced 1,033.0 1033 Flat 283.0 283 All 5,862 5862
Calculation for local housing (stock/zone)
Zone 3 2 1 4Deviation 0.29 0.25 0.34 0.12
Detached 1,093 943 1,282 452Semi 225 194 264 93Terraced 300 258 351 124Flat 82 71 96 34
All 1,700 1,466 1,993 703
Property Stock By Type in Verwood
Property Qty by type & zone
Qty 2010 figures Detached 3,770 3770 Semi 776 776 Terraced 1,033.0 1033 Flat 283.0 283 All 5,862 5862
Calculation for local housing (stock/zone)
Zone 3 2 1 4Deviation 0.45 0.36 0.09 0.1
Detached 1,696.50 1,357.20 339.30 377.00Semi 349.20 279.36 69.84 77.60Terraced 464.85 371.88 92.97 103.30Flat 127.35 101.88 25.47 28.30
All 2,637.90 2,110.32 527.58 586.20
Property Stock By Type in Verwood
Property Qty by type & zone
LVM CVM
Resultant ValuationProperty Asking Price Report for Verwood - May 2010 to May 2011
May-10 May-11 Change Detached £341,922 £356,319 4%
Semi £221,371 £200,633 -9%
Terraced £177,344 £176,618 0%
Flat £135,314 £174,312 29%
All £295,256 £300,796 2%
Estate Agent calculation for local area trend (asking price/zone)
Average Asking Prices By Type in Verwood (£000's)
This report displays the average asking prices for property for sale in Verwood for each month from May 2010 to May 2011. The price trends are broken down by property type and number of bedrooms. We also display graphs of median property asking prices, which may be more helpful for spotting trends.
Average Price Result by zone
Zone 4 3 2 1Deviation 0.1 0.45 0.36 0.09
Detached £377,698 £377,698 £356,319 £342,066Semi £212,671 £212,671 £200,633 £192,608Terraced £187,215 £187,215 £176,618 £169,553Flat £184,771 £184,771 £174,312 £167,340
Result
Zone 1 0 - 0.5miles
Zone 2 0.5 - 1.0miles
Zone 3 1.0 - 1.5miles
Zone 4 1.5 - 2.0miles
Property Value (£) -15.30% -9.80% -5.20% -2.70%
200,000£ 30,600£ 19,600£ 10,400£ 5,401£ 225,000£ 34,425£ 22,050£ 11,700£ 6,076£ 250,000£ 38,250£ 24,500£ 13,000£ 6,751£ 275,000£ 42,075£ 26,950£ 14,300£ 7,427£ 300,000£ 45,900£ 29,400£ 15,600£ 8,102£ 325,000£ 49,725£ 31,850£ 16,900£ 8,777£ 350,000£ 53,550£ 34,300£ 18,200£ 9,451£ 375,000£ 57,375£ 36,750£ 19,500£ 10,125£ 400,000£ 61,200£ 39,200£ 20,800£ 10,800£
Property Value Reduction (£)
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 sitesand over 550’000 housing transactions.