The Valuation of Rural Amenities Felix Hammond, Jessica Lamond, David Proverbs

The Valuation of Rural Amenities

• Felix Hammond, Jessica Lamond, David Proverbs

Content

• Introduction

• The affordability of rural property

• Key rural amenities

• Case study locations

• Preliminary data analysis

• Conclusion

Housing Affordability most expensive rural local authorities

Housing affordability most expensive rural local authorities outside south east

Concepts of Rurality Rural means different things to different people

Benefits of living in the countryside

• Better quality of life on most measures

• Older age profile

• Net in migration

• Fewer homeless

• More healthy lifestyles

• Better educational achievement

• Lower crime

• Less deprivation

Disadvantages of living in the countryside

• Worse access to services

• Worse housing affordability

• Concentration of age related diseases and problem

• Polarisation with pockets of great deprivation

Rural complexity

• National studies mask the impact of differences between rural areas and polarisation.

• Previous studies looked at local authority level mixing large towns with small hamlets and isolated dwellings.

• To tackle rural issues research must recognise differences in rural areas

Key rural amenities

• Views

• Open space

• Peace and Quiet

Case study areas

ONS/CLG Urban/Rural Classification

Property Sales by type and urban/rural category for Bridgnorth

Property Sales by type and urban/rural category for Chiltern

Mean property price by type and urban/rural category for Bridgnorth

Mean property price by type and urban/rural category for Chiltern

Summary

• Preliminary findings

• Rural complexity

• Affordability or availability

• Different type of property in rural areas

• Different valuation of amenities likely

• Not homogeneous