Case Study

Question 1

What are the areas in building B?

Answer 1

112 residential units: 66,581sqft (NSA - IPMS3B)

4 commercial units: 10,462sqft

Question 2

What vehicle size did you track?

Answer 2

Lay-bys accommodate 16.5m articulated HGV.

Swept path analysis for 10m rigid lorry.

Question 3

What were the comparable values at West Works and Hayes village?

Answer 3

West works: £552

Hayes village: £529

Question 4

What did remediation consist of?

Answer 4

Depth of 800mm
1-2% lime
Pulverised fuel ash
Stabilisation

Question 5

Values and inputs of commercial units?

Answer 5

rent £15psf at yield of 9.5%
Purchasers costs if 6.8%
Rent free of 1 year
Net value £1.32m

Question 6

What is GLA referral risk?

Answer 6

Town and Country planning act (Mayor of London) Order 2008 1C - buildings over 30m referrable.

1D building b feel working wider phase 2 description and under 1D this would be referrable.

Question 7

How was RMA fee calculated?

Answer 7

£22,859 for RMA + £138 for each unit over 50

Commercial £462 for each SQM (GEA)

Total £37,403

Question 8

What was residential values?

Answer 8

£644 psf with total value of £42.8m

Question 9

What was the breakdown of the build costs?

Answer 9

Residential standard build: £223psf

Commercial standard build: £180psf

Abnormal costs: £57.5psf

Residents facilities contribution: £9psf

Site wide build: £21.5psf

Maintenance: £3

Contingency: £8