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Values and benefits of heritage: A research review

Compiled by the heritage Lottery Fund Strategy and Business Development Department Gareth Maeer / Amelia Robinson / Marie Hobson April 2016 Values and benefits of heritage A research review _____ Values and benefits of heritage : a research review by HLF Strategy & Business Development Department. April 2016 2 Contents Values AND benefits OF heritage : A research review .. 3 1. VALUING heritage .. 5 People s perception of heritage value .. 5 Museums and Galleries .. 5 The Historic Environment .. 5 The Natural Environment .. 5 Monetising the value of heritage .. 6 Willingness to Pay .. 6 Property Prices .. 7 Time and donations as proxy measures of 8 Monetary Donations .. 8 Volunteering .. 8 2. VISITING heritage .. 9 Visiting Patterns .. 9 Museums and Galleries .. 9 The Historic Environment ..10 The Natural Environment ..11 Motivation for visits ..12 Museums and Galleries ..12 The Historic Environment.

features or are situated in a conservation area. The Nationwide Building Society „Hometrack‟ survey (2003) compared the price of historic homes with modern counterparts20. For a pre-1919 property the uplift was 20% and was 34% in the case of a Jacobean property. Similarly, a study carried out by Arad Consulting

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