Southend Airport has promised to honour residents' compensation claims if they can prove a loss of property value due to its expansion.
More than 1,000 people have issued claims against the airport after the number of flights into the facility dramatically increased, according to BBC Essex.
The airport's chief executive, Alastair Welch, said the airport would meet all compensation claims filed against it if they were upheld in courts.
One local resident said he is finding it hard to sell his as he moves to another country house because of increasing traffic at the airport.
The man, Freddy Hubbard, said: "Because of the airport, prices are falling and now it depends on what we can get."
House prices in areas close to international airports often suffer from price drops due to increased noise and light pollution.
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Posted by Francesca Witney