Public transport accessibility and the prices of nearby properties: the case of the first metro line in Warsaw

  • Marcin Torzewski University of Warsaw

Abstract

This paper identifies the relation between metro proximity and the prices of residential properties in Warsaw. The analysis is based on 2006-2013 AMRON-SARFiN data. The results show that metro has a positive impact on property prices if it is located at most 1.5 km from the property. The greatest increase in price of 8-13 per cent is observed when metro is located 400-800 meters from the property. The results indicate that when the metro transportation is poor, it causes a large increase in property prices, which is not comparable to the impact of other transports, such as bus or tram.

How to Cite
TORZEWSKI, Marcin. Public transport accessibility and the prices of nearby properties: the case of the first metro line in Warsaw. European Journal of Transport and Infrastructure Research, [S.l.], v. 20, n. 2, p. 41-59, july 2020. ISSN 1567-7141. Available at: <https://journals.open.tudelft.nl/ejtir/article/view/3979>. Date accessed: 13 aug. 2020. doi: https://doi.org/10.18757/ejtir.2020.20.2.3979.
Published
2020-07-10