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The non-priced benefits of renovating historic buildings: A case study of Newcastle's Grainger Town

Lookup NU author(s): Professor Guy Garrod, Emeritus Professor Ken Willis

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Abstract

This paper uses the contingent valuation method to investigate public preferences for the renovation of historic buildings in the Grainger Town area of Newcastle upon Tyne. Members of the general public were asked how much they would be willing to pay, in extra council taxes, towards the renovation and restoration of these buildings, and how they would wish this money to be allocated across different areas of the town. The results of the study demonstrated that local people had a strong preference for renewing historic areas and that, in general, they preferred to contribute towards the improvement of the most degraded areas. Copyright © 1996 Elsevier Science Ltd.

Publication metadata

Author(s): Garrod GD, Willis KG, Bjarnadottir H, Cockbain P

Publication type: Article

Publication status: Published

Journal: Cities

Year: 1996

Volume: 13

Issue: 6

Pages: 423-430

Print publication date: 01/12/1996

ISSN (print): 0264-2751

ISSN (electronic): 1873-6084

Publisher: Pergamon

URL: http://dx.doi.org/10.1016/0264-2751(96)00029-7

DOI: 10.1016/0264-2751(96)00029-7

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