Effects of Noise Pollution on Residential Property Value in Enugu Urban, Nigeria

Abstract

One of the persistent environmental issues today is high noise levels in residential areas especially in the developing countries. There are several unorganized informal sector activities such as recreational, road traffic, household and religious activities, operation of power generating sets, incompatible uses in space among others that are the sources of noise pollution in residential areas. A number of empirical studies have been carried out on the impact of noise on residential property values. However, one finds it very difficult to ascertain whether noise pollution affects residential property value in Enugu Urban. The aim of this study is to ascertain whether noise pollution has significant influence on residential rental values in the study area. The study has discovered that residential properties affected by noise pollution have lower rental value compared to those unaffected by 3.1% of its rental value. The study has provided some insight to guide property buyers or users, investors, property managers, and valuers as regards property transactions. The study has suggested that property value spatial index of noise pollution in the study area can be built and use as a guide for urban management strategy to achieve sustainable development.

Effects of noise pollution on the residents of Port Harcourt Metropolis

“…Both our current study conducted in Port Harcourt and the previous study by Egbenta et al (2021), conducted in Enugu Urban, Nigeria, shed light on the economic implications of noise pollution on residents' well-being, particularly in terms of property values and related economic activities. The previous study by Egbenta et al (2021) found that residential properties exposed to noise pollution experienced a decrease in rental value compared to unaffected properties. This decrease in property value directly affects homeowners' economic well-being, as it diminishes their potential returns on investment.…”

Public Health, Socioeconomic and Environmental Impacts of Urban Land Subsidence

“…One impact of LS could be on residential houses, leading to a reduction in their market value. If data on houses' sale values in regions affected by LS is available, the "Hedonic Approach" can be applied, as it is done in the case of air or noise pollution on the value of residential homes located at different perimeters from the center of the pollution source (Tang and Niemeier, 2021;Egbenta et al, 2021). Recent works (Yoo and Perrings, 2017;Willemsen et al 2020) applied the hedonic approach to estimate the economic effect of LS on property values in the town of Mariposa, Arizona, and in the Netherlands, respectively.…”

How Do Different Noise Pollution Sources Affect Apartment Prices?

“…Another indicator used, for example, in Poland to designate limited-use areas around airports is LAeq (Bełej et al, 2023;Cellmer et al, 2019). Thirdly, various property types and rights with different potential noise vulnerabilities were analysed: single-houses (Cellmer et al, 2019;Wilhelmsson, 2000), land (Łowicki & Piotrowska, 2015), rents (Egbenta et al, 2021). With these limitations in mind, an attempt was made to summarise the results of recent studies (in case it was possible to determine NDI) on the impact of different noise sources on residential real estate prices.…”