The purpose of this research is to assess the impact of the commissioned toll road running through the city’s residential areas on the market value of residential real estate. The article presents a review of non-traditional methods for assessing real estate value, mainly in foreign publications. The Western High-Speed Diameter (WHSD) is the most significant transport and infrastructure project of the current decade for St. Petersburg. The most inaccessible part of the city on Vasilievsky Island was analyzed, as the example of new and secondary real estate value changes, were examined from August 2015 to December 2017, by the time when the new transport interchange of WHSD in the western part of the island was constructed and put into commission.  For the study, the authors used the data of the Real Estate Bulletin of St. Petersburg at the end of 2015 and 2017, the data of the cadastral assessment of residential real estate of St. Petersburg of 01.01.2015 and 01.01.2018. Main research method is the study of two-dimensional and conditional distributions of random values of bid prices and cadastral values, which allows obtaining estimates of the market value of the real estate that has passed cadastral registration, and estimates of growth rates.  The comparison of prices of offers with cadastral values applied in the article, with a simple and natural speculation of logarithmically normal distribution, allows us to propose a method of assessing the market  value for any property, even if the information about it is not available in the market data. The obtained numerical results showed a rise in the cost of a significant part of the mass-market for the study period up to 18% without discount on the auction, and up to 9% taking into account the discount on the auction. It turned out to be slightly higher than the general change in the prices of proposals that can be found in advertising publications. A significant change (from 50% to 73%) was found in business-class properties, located in the area with significantly changed species characteristics and improved transport accessibility, in the immediate vicinity of the exit from WHSD.  The results, indicating the growth of market value, allowed us to make a general conclusion about the changes in the attractiveness of the area for different segments of the population of the city: both for the mobile middle class, focused on the mass-market, and for buyers of the premium segment, having increased requirements for the real estate. The authors believe that the growth of the market value of real estate in the area of transport interchanges of modern infrastructure projects could be higher in other macroeconomic conditions. At present, the effective demand of the population is obviously not sufficient.

The purpose of the study is to assess changes of toll fares used on toll collection points. When toll road is operating in an urban environment, the operator is inevitably faced with the need to adapt intelligent transport system to the conditions of an ever-increasing volume and changing composition of the traffic. Such changes have a direct impact on the capacity of the toll road, in particular at toll collection points. The conducted research is aimed at analyzing the method of reducing the traffic load at the toll collection points during peak hours by making changes to the toll fares aimed at uniform distribution of traffic flow throughout the day. As an example, a toll collection point on the main road direction of the Western High-Speed Diameter toll road was chosen.Materials and methods. A discrete-event simulation model developed in the AnyLogic software was used to assess the quality of operation and throughput of the toll collection point. The software has a sufficient level of detail to reproduce the operation of the toll collection system, and allows managing all the necessary parameters of the system and traffic flow. Analysis of the data obtained from the simulated model experiments was carried out using the statistical package R. Results. As part of the study, the operational characteristics of the toll collection point, in particular its threshold capacity, were determined, and, if it was exceeded, the length of the emerging queue was determined. Taking into account the operator’s risks arising from the formation of a traffic congestion, an approach was proposed to change the toll fare policy of the toll road by using a more flexible fares based on dividing the day time fare into several time intervals and using increasing coefficients for toll fare when paying for travel during peak hours. Using the example of toll booth of the Western High-Speed Diameter, the increasing coefficients of the cost of travel at a rush hour were considered, and the risks of reducing the operator’s income from toll collection were assessed.Conclusion. Based on the results obtained, an assessment of the effectiveness of the application of measures to change the existing toll fare policy, aimed at optimizing the traffic flow of a toll road, can be carried out. In addition, such an analysis can be used to assess the investment attractiveness of a project, develop a toll fare policy, increase income and other similar tasks. Further research can be aimed at increasing the economic indicators of toll road projects, and developing additional mathematical tools used in the formation of toll fare policy.

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