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An investigation into the affordability of residential property locations as a result of private and public transportation costs
Hannah Mulcahy BSc Environmental Science, Masters in Planning and Sustainable Development
An investigation into the affordability of residential property - - PowerPoint PPT Presentation
An investigation into the affordability of residential property - - PowerPoint PPT Presentation
An investigation into the affordability of residential property locations as a result of private and public transportation costs Hannah Mulcahy BSc Environmental Science, Masters in Planning and Sustainable Development Questions 1 In what
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Glanmire Watergrasshill Rathcormac Fermoy & Environs Mitchelstown Blarney Carrignavar Mallow Carrigtohill Midleton
Study Locations
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331,771 283,782 246,667 151,667 180,121 170,539 329,833 197,475 207,664 234,857 232,714
€0 €50,000 €100,000 €150,000 €200,000 €250,000 €300,000 €350,000
Average Housing Prices based on Location (2019)
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Calculating Annual Private Transport Costs in 2019
Toyota Corolla, 2010 Diesel Average Annual Mileage
- 20,000km
- CSO
Average Annual Insurance
- €1,660
- AA Quote
Annual Car Tax
- €750
- Tax Band E
- Dept TT&S
NCT
- €55
Servicing Costs
- €5,600
- AA, 2018
Total Annual Running Cost
- €8065
Kilometre per litre (KPL) 19.305 Price of Diesel per Litre €1.37
Price per Km €0.71 (71 cent)
€7,500 €8,000 €8,500 €9,000 €9,500 €10,000
Annual Private Transport Costs (2019)
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€0 €50,000 €100,000 €150,000 €200,000 €250,000 €300,000 €350,000
Private Transport Costs vs Average Housing Prices (over 30 years) Private Transport Costs Housing Prices
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- How many types of Public
Transport are available here?
Public Transport
- How often does it serve this
location?
- How much is it?
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Public Transport Rating System
Location Public Transport Rating Cars per Household Cork City Glanmire Watergrasshill Rathcormac Fermoy Mitchelstown Blarney Carignavar Mallow Carrigtohill Midleton
5 2 1 1 1 1 3 2 3 4 4 0.5 1.75 2 2 2 1.25 1.75 1.25 1 1 2
1 - - - 5
Poor Public Transport High quality Public Transport
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€0 €100,000 €200,000 €300,000 €400,000 €500,000 €600,000 €700,000
Housing Prices Private Transport (Car Per Household)
Housing Prices vs Private Transport Costs (Car Per Household)
- ver 30 Years
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€0 €2,000 €4,000 €6,000 €8,000 €10,000 €12,000
Annual Public Transport Costs vs Private Transport Costs
Public Transport Cost Private Transport Cost
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€0 €100,000 €200,000 €300,000 €400,000 €500,000 €600,000 €700,000
Housing Prices Public Transport Private Transport
Housing Prices vs Public and Private Transport Costs (over 30 years)
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250,000 262,000 283,000 X 6 X 3 X 2