The effect of road traffic noise on the prices of residential property - A case study of the polish city of Olsztyn

摘要

The key factors that determine the prices of real estate are location, technical standard of property as well as the local environment. In urban agglomerations, road traffic noise has a considerable impact on the purchasing decisions made by apartment buyers. This is a widespread problem in Central-Eastern Europe. The main objective of this study was to verify the working hypothesis that apartment prices are correlated with traffic noise levels in Olsztyn, the capital city of the Region of Warmia and Mazury in north-eastern Poland.