A Companion to Transport, Space and Equity
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A Companion to Transport, Space and Equity

Edited by Robin Hickman, Beatriz Mella Lira, Moshe Givoni and Karst Geurs

With social inequity in urban spaces becoming an increasing concern in our modern world, The Elgar Companion to Transport, Space and Equity explores the relationships between transport and social equity. Transport systems and infrastructure investment can lead to inequitable travel behaviours, with certain socio-demographic groups using particular parts of the transport system and accessing particular activities and opportunities.
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Chapter 7: The impact of transport connectivity on housing prices in London

Imogen Thompson

Abstract

Imogen Thompson examines the link between transport investment and housing development and value, using hedonic modelling of connectivity to the Jubilee Line Extension and East London Line in London and associated house sale values. House prices increase with improved public transport connectivity, particularly where house prices were previously low. There also seems to be a distance component, with housing located 320-640 metres from the station gaining greatest price uplift.

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