Research Article

The Impact of Urban Transit Systems on Property Values: A Model and Some Evidences from the City of Naples

Table 10

Estimation of external benefits.

OMIResident building (m2)BD_1 (m2)BD_2 (m2)BD_3 (m2)BD_4 (m2)REV BD_1 (€/m2)REV BD_2 (€/m2)REV BD_3 (€/m2)REV BD_4 (€/m2)Total REV (€ million)Metro REV contrib. (€ million)

B101,393,303185,774848,943336,98521,6024,4003,9053,3952,9005,339467.65
B11225,39813,543116,08588,0317,7393,6003,1882,7632,35068059.57
B121,096,26859,050811,289207,95717,9725,1004,5393,9613,4004,8681,088.55
B13294,82613,805133,115137,06010,8464,5004,0053,4953,0001,107149.65
B141,052,991154,419741,211151,4785,8835,5004,8734,2273,6005,123562.94
B151,236,73739,755326,685781,27989,0173,7003,2882,8632,4503,676789.64
B16205,6265,469127,96964,5327,6564,3003,8223,3292,85074920.26
B17657,613131,523425,57796,2364,2775,0004,4393,8613,3002,932357.77
B18239,53327,416118,32476,47817,3164,0003,5553,0962,650813-
B8874,05115,984278,451513,99965,6172,8002,4872,1641,8501,971266.44
B9529,52126,667229,522239,04634,2863,7003,2882,8632,4501,621265.10
C21460,93348,816321,05786,3664,6942,7002,4032,0971,8001,093-
C22547,23614,967132,833202,992196,4442,6002,3031,9971,7001,08447.83
C231,012,73541,107330,727442,838198,0622,7002,3872,0641,7502,161182.61
C241,125,018228,652582,377305,5208,4695,8005,1404,4603,8005,714494.22
C25257,76338,282137,81480,3911,2762,5002,2201,9311,650559-
C261,211,18749,030594,485527,06940,6032,7502,4372,1141,8002,770336.96
C27244,13115,624179,68044,9203,9062,8002,4872,1641,850595-
C281,560,06461,5381,184,185282,74131,6003,6003,2042,7962,4004,882412.60
C292,154,220255,0341,418,059437,71743,4103,9003,4713,0292,6007,355939.00
C30222,17829,16992,47190,6099,9302,4002,1361,8641,600452-
C3146,99028012,86632,1661,6783,9003,4713,0292,600148-
C32251,375122,54683,79243,9911,0473,4003,0042,5962,20078534,63
C33725,595166,840451,72699,1597,8703,7003,2882,8632,4502,405237.91
D21150,4635,614103,30334,8096,7371,9501,7361,5151,300252-
D2246,60259019,46724,7761,7702,0001,7691,5311,30076-
D23650,1729,132308,649303,17029,2212,6002,3031,9971,7001,390-
D24446,1937,794395,53342,2166492,6002,3031,9971,7001,017-
D25218,9298,51927,260163,55819,5932,6002,3031,9971,700445-
D26541,08617,722253,097259,18911,0762,9002,5702,2301,9001,301-
D27225,65916,073112,50890,0067,0722,3002,0361,7641,50043519.21
D29671,63449,751407,170153,18061,5343,2002,8372,4632,1001,821-
D30407,39111,178299,33394,3962,4842,8502,5372,2141,9001,00584.92
D329,4184093,4814,7098193,0002,6702,3302,00023-
D33309,237-192,330115,0211,8863,2002,8372,4632,100833-
D3498,6334,75918,16966,6219,0852,8002,4872,1641,8502199.68
D35287,79523,072114,754138,43311,5362,7002,3872,0641,75064254.26
D36435,52844,393275,291110,5895,2542,6002,3031,9971,70097934.56
E2777,4812,46011,88960,2632,8701,7001,5021,2981,100103-
E28511,08740,895244,126217,3478,7191,9001,6861,4651,250818-
E29494,26034,495418,57640,1591,0302,0001,7691,5311,300872-
E3270,57451,751168,70146,4543,6672,0501,8191,5811,350491-
E30192,8598,51796,12582,1326,0842,1001,8691,6311,400340-
E31496,80635,658252,981200,9397,2282,0501,8191,5811,350861-
E32142,4068,01869,48560,8954,0091,7501,5521,3481,150209-
E33631,6188,073338,129278,2927,1242,2001,9531,6981,4501,161131.35
E34537,58744,578237,218236,15619,6352,2001,9531,6981,450991-
E35328,82026,577227,03671,5323,6762,1501,9031,6481,40061269.26
E36166,47520,27374,46553,02218,7141,7001,5021,2981,100236-
E3754,4807,10619,93726,8455921,8501,6361,4151,20084-
E38550,26833,750297,389205,92213,2061,9501,7361,5151,300911-
E391,042,468125,221475,059431,23110,9572,0001,7691,5311,3001,765-
E40122,21313,26267,53338,3573,0602,2502,0031,7481,500237-
E421,169,90813,840428,233604,900122,9341,5501,3851,2151,0501,47988.68
E43659,66821,185387,180251,302-2,1001,8691,6311,4001,178-
E44775,19369,333315,757346,66543,4381,9501,7361,5151,3001,265-
E45168,4566,28950,31283,55428,3011,9001,6861,4651,250254-
E46430,41127,911345,21152,8834,4072,0501,8191,5811,350775-
E47139,82147740,56295,9182,8631,9001,6861,4651,250213-
E48194,57645,70981,77246,12820,9671,7001,5021,2981,100283-

Total84,4597,205