To what extent does environmental quality affect house prices?

Question

im doing a project for my a-levels but am really stuck! my chosen area is brighton, which ive disected into 5 zones.

1. Rottingdean

2. Inner city

3. Marina

4. Hangleton

5. Suburbs

Im wondering if anyone knows if environmental quality has an impact, and how much of an impact when compared to other factors e.g. schools etc.

Answer 1

Think about it, if an area is really polluted (inner city) then house prices would tend to fall. But there are a lot of people in the inner city, and probably a lot of work...so it attracts people and increasing house prices. So where is the equilibrium?

In the suburbs, especially with good transport links, house prices would be  expensive.

There are lots of issues to consider: pollution, density, demographics, transport etc