Home » Case Studies » Valuation Advice

Valuation Advice

Bream Street, Fish Island, London E3


Client

London & Quadrant Housing Association

Property

164 Private Tenure Flats within New Development

Project Summary

Strettons provided valuations in May 2015 in the form of individual Market Values for 164 private flats within the completed scheme to assist in the planning application to redevelop the site.

Our detailed research and expert analysis of the private sale evidence enabled the accurate valuation of the flats and assisted in the planning application.

National Market Value of the flats ran into tens of millions. 

New proposed residential-led development involved demolishing the existing buildings on the site and erection of seven buildings of up to 7 storeys plus basement car parking.

The proposed scheme comprised a total of 204 flats (164 private tenure and 40 affordable tenure split between 26 affordable rent and 14 shared ownership) and 1,943 SQ m / 20,914 sq ft (NIA) of commercial space which is to provide a mix of retail, office and community uses at the lower level of a number of the residential blocks and also in separate buildings.

A new public path is to be created through the centre of the scheme from Bream Street and this will give access to the new public realm adjacent to Old Ford Lock.

Gary Powis

020 7614 0905
gary.powis@strettons.co.uk