Purpose – The objective of this paper is to re‐appraise intra‐urban rent models in the context of a multi‐nodal landscape. Primarily, the study focuses on the early work of Alonso and, more recently, Di Pasquale and Wheaton. Although the latter use a more sophisticated approach, both...

Purpose – The purpose of this paper is to question whether traditional cost approaches apply to the valuation of an airport now that they are no longer public utilities but very much commercial enterprises. Design/methodology/approach – The research discusses the business model, the...

This study identifies housing sub-markets (micro markets) that may be price leaders within local housing market areas and relates their performance to potentially relevant economic factors. This can be important as it provides both policy-makers and market players with a useful barometer...

Recent research shows the benefit of access to public open space differs by housing density, suggesting that public recreational open space can act as a substitute for private open space. We explore spatial externalities from different forms of open space across housing densities. We also test...

Investment in energy efficiency is an important policy target area, with the domestic sector being a major contributor to the total UK energy consumption, but also having potential for significant reductions. This research estimates econometric models for the domestic energy expenditure in the...

The residential housing market can play an important role in the reduction of global carbon emissions. Energy rating is viewed as an effective tool for reducing energy consumption since the information conveyed may help to encourage energy conservation among private households. This paper...

The question of what sort of residential mix is most ësustainableí is much debated by UK policy makers. It would seem obvious that an appropriate mix of new housing provision would cater for the diverse needs and incomes of households. However, there is strong evidence within the UK that...

Guidance Note 1 of the Red Book (RICS, 2003) states that the valuation of an operational entity includes four components: the land and buildings; the trade fixtures and fittings; the trading potential, excluding personal goodwill; and the benefit of any transferable licenses and consents. While...

"In Scotland, sellers of houses are typically faced with choosing from one of two pricing systems - offers over or fixed price ñ to market their property and achieve the ""best"" price in the open market. In the offers over system, sellers set a reserve price and interested parties bid through...

There has been a growing awareness of the importance and nature of property cycles. There is now a considerable and growing literature on the subject. However, much of this literature is focussed within individual countries and a review by Pyhrr et al (1999) makes a plea for further research...