From: Samuel Bampton
<s.bampton@pelham-structures.co.uk>
Sent: 11 December 2018 11:18
To: Catherine Bicknell; Matthew
Lang
Cc: Tim Sargeant
Subject: RE: STO ED values in Tendring
District.
It is also probably worth
noting that if you remove the £2m to be held in abeyance that the figures in
column for are reduced to 288, 350 and 766 accordingly.
Kind regards
Samuel Bampton
Unit
3 Brices Yard, Butts Green, Langley Upper Green, Saffron Walden, Essex. CB11
4RT
Tel:
01799 551 261 Mobile: 07792 057 538 E-mail: s.bampton@pelham-structures.co.uk
Website: www.pelham-structures.co.uk
From: Samuel
Bampton
Sent: 11 December 2018 11:02
To: 'cbicknell@tendringdc.gov.uk' <cbicknell@tendringdc.gov.uk>;
'Matthew Lang' <mlang@tendringdc.gov.uk>
Cc: 'Tim Sargeant' <Tim.Sargeant@cityandcountry.co.uk>
Subject: RE: STO ED values in Tendring District.
Sorry Tim has just pointed out
that my Table isn’t the clearest.
The two important columns are
4 and 5,. Column 4 shows how many open market houses would be need in each area
to address the £26,520,000 conservation deficit. Column 5 shows how many
affordable plot substitutions would be required. Column 6 is the total
number of houses that would be required to deliver column 5 because they would
only make up 30% of an overall scheme being TDC affordable housing requirement.
In short if you built a ED development in Mistley of 312 units it would
address the deficit in full, whereas you would need to build 828 in Clacton.
|
1 |
2 |
3 |
4 |
5 |
6 |
|
|
Open Market Plot Value |
Aff Plot Value |
No. Units required Pure ED scheme |
No. Units Requried Aff swap |
Total Scheme for Aff Swap |
|
Mistley, Manningtree and Lawforad |
£85,000 |
£42,500 |
312 |
624 |
2079 |
|
Villages (Great Bentley & Thorpe-le-soken) |
£70,000 |
£35,000 |
379 |
757 |
2525 |
|
Clacton-on-Sea |
£32,000 |
£24,000 |
828 |
1105 |
3682 |
Again any questions please
don’t hesitate to contact me.
Kind regards
Samuel Bampton
Unit
3 Brices Yard, Butts Green, Langley Upper Green, Saffron Walden, Essex. CB11
4RT
Tel:
01799 551 261 Mobile: 07792 057 538 E-mail: s.bampton@pelham-structures.co.uk Website:
www.pelham-structures.co.uk
From: Samuel
Bampton
Sent: 11 December 2018 10:48
To: 'cbicknell@tendringdc.gov.uk' <cbicknell@tendringdc.gov.uk>;
'Matthew Lang' <mlang@tendringdc.gov.uk>
Cc: 'Tim Sargeant' <Tim.Sargeant@cityandcountry.co.uk>
Subject: STO ED values in Tendring District.
Morning Cath,
As requested please see below
a rough estimate of the number of units that would be required to address the
conservation deficit. The values are based on our own experience and the asking
prices for sites being advertised in the district. I would though caveat that
the market sentiment at the moment isn’t great given the BREXIT position and the
values could easily be 10-15% lower. However, we are hopeful that when BREXIT
is concluded that these levels will return.
|
|
Open Market Plot Value |
Aff Plot Value |
No. Units required Pure ED scheme |
No. Units Required Aff swap |
Total Scheme for Aff Swap |
|
Mistley, Manningtree and Lawforad |
£85,000 |
£42,500 |
312 |
624 |
2079 |
|
Villages (Great Bentley & Thorpe-le-soken) |
£70,000 |
£35,000 |
379 |
757 |
2525 |
|
Clacton-on-Sea |
£32,000 |
£24,000 |
828 |
1105 |
3682 |
If you have any questions
please don’t hesitate to ask.
Kind regards
Samuel Bampton
Unit
3 Brices Yard, Butts Green, Langley Upper Green, Saffron Walden, Essex. CB11
4RT
Tel:
01799 551 261 Mobile: 07792 057 538 E-mail: s.bampton@pelham-structures.co.uk Website:
www.pelham-structures.co.uk