Development Appraisal Example - Salford

Annex 1 Building Cost Information Service (BCIS) residential
build cost data
Average prices - results
Page 1 of 1
Average prices
Results
Rebased to Greater Manchester
Edit
/m2 study
Description: Rate per m2 gross internal floor area for the building Cost including prelims.
Last updated: 27-Jul-2013 12:19
Maximum age of results: Default period
Building function
(Maximum age of projects)
/m gross internal floor area

Sample
Mean
Lowest
Lower quartiles
Median
Upper quartiles
Highest
New build
Housing, mixed developments (15)
799
398
670
779
898
1,633
645
Generally (15)
791
375
666
772
886
1,675
1143
Single storey (15)
870
457
744
841
985
1,389
230
2-storey (15)
772
375
659
753
867
1,500
824
3-storey (15)
764
481
636
714
839
1,675
87
1,037
793
947
1,370
821
618
666
795
940
1,227
11
Generally (15)
788
400
670
774
897
1,389
243
Single storey (15)
906
570
782
909
1,000
1,389
48
2-storey (15)
763
400
666
751
865
1,183
184
3-storey (15)
675
571
589
645
715
898
11
Generally (15)
813
397
676
783
947
1,675
258
Single storey (15)
864
533
713
814
1,002
1,320
52
2-storey (15)
802
397
684
782
935
1,317
169
3-storey (15)
792
481
635
699
904
1,675
37
Generally (15)
909
453
757
878
1,019
2,667
639
1-2 storey (15)
887
494
749
867
1,000
1,685
173
3-5 storey (15)
891
453
749
872
1,008
1,923
418
1,158
689
873
1,071
1,329
2,667
41
Estate housing
4-storey or above (25)

Estate housing detached (15)
Estate housing semi detached
Estate housing terraced
Flats (apartments)
6+ storey (15)
2013 Building Cost Information Service of the Royal Institution of Chartered Surveyors. All Rights Reserved.
http://service.bcis.co.uk/BCISOnline/AveragePrices/Results
29/07/2013
Annex 2 Appraisals 1 to 13
HCA Development Apprasial Tool
Printed 23/08/2013
SCHEME
Site Address
Site Reference
File Source
Scheme Description
Date of appraisal
Net Residential Site Area (hectares)
Author & Organisation
HCA Investment Partner (where applicable)
Appraisal 1 - High sales value area, high density apartments (2.0ha)
01/08/2013
2
Salford City Council
0
Housing Mix (Affordable + Open Market)

Total Number of Units
Total Number of Open Market Units
Total Number of Affordable Units
Total Net Internal Area (sq m)
Total Habitable Rooms
% Affordable by Unit
% Affordable by Area
% Affordable by Habitable Rooms
% Social Rented within the Affordable Housing
Density
Total Number of A/H Persons
Number of Social and Affordable Rent
Number of Intermediate
Total Number of Open Market Persons
Total Number of Persons
Gross site Area
Net Site Area
Net Internal Housing Area / Hectare
600
600
0
36,300
0
0.0%
0.0%
300
0
0
0
0
0
2.00
2.00
18,150
units
units
units
sq m
habitable rooms
by number of units
by NIA of Units (sq m)
by habitable rooms
units/ hectare
Persons
Persons
Persons
Persons
Persons
hectares
hectares
sq m / hectare
AH Residential Values
Full term yield based
Type of Unit
1 Bed Flat Low rise
2 Bed Flat Low rise
3 Bed Flat Low rise
4 Bed + Flat Low rise
1 Bed Flat High rise
4 Bed + Flat High rise
2 Bed House
3 Bed House
4 Bed House
5 Bed House
6 Bed+ House
Social Rented
Shared Ownership
phase 1
Affordable Rent
phase 1
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
TOTAL CAPITAL VALUE OF ALL AFFORDABLE HOUSING (EXCLUDING OTHER FUNDING)

RP Cross Subsidy (use of own assets)
LA s106 commuted in lieu
RP Re-cycled SHG
Other source of funding 2
Land Remediation Tax Relief
0
0
0
0
0
0
OTHER SOURCES OF AFFORDABLE HOUSING FUNDING
TOTAL CAPITAL VALUE OF ALL AFFORDABLE HOUSING (INCLUDING OTHER FUNDING)
Shared
Ownership phase
2
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Affordable Rent
phase 2
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Open Market Housing

Net Area
(sq m)
Revenue
( / sq m)
Total Revenue
()
Open Market Phase 1:

Total
36,300
36,300
3,000
-
108,900,000
0
0
0
0
108,900,000

Average value ( per unit)

181,500
0
0
0
0
Type of Open Market Housing
Capital Value of Private Rental

TOTAL CAPITAL VALUE OF OPEN MARKET HOUSING
0
108,900,000
Monthly Sales rate

9.52
Printed 23/08/2013
Car Parking
No. of Spaces
300
Price per Space ()

10,000
Value
3,000,000
TOTAL VALUE OF CAR PARKING
3,000,000
Ground rent
Capitalised annual
ground rent
0
0
0
Social Rented
Shared Ownership
Affordable Rent
Open market (all phases)
1,384,615
TOTAL CAPITALISED ANNUAL GROUND RENT
1,384,615
TOTAL CAPITAL VALUE OF RESIDENTIAL SCHEME
113,284,615
Non-Residential Values
Office
Retail
Industrial
Leisure
Community Use
0
0
0
0
0
TOTAL CAPITAL VALUE OF NON-RESIDENTIAL SCHEME
TOTAL VALUE OF SCHEME
113,284,615
Residential Building, Marketing & Section 106 Costs

Per sq meter
Affordable Housing Build Costs
Open Market Housing Build Costs
0
50,307,529
1,178
50,307,529
Residential Car Parking Build Costs
External Works & Infrastructure Costs ()

Site Preparation/Demolition
Roads and Sewers
Services (Power, Water, Gas, Telco and IT)
Strategic Landscaping
Off Site Works
Public Open Space
Site Specific Sustainability Initiatives
0
Infrastructure
0
Per unit
0
0
0
0
0
0
271,800
0
3,000,000
0
453
5,000
Other site costs

Building Contingencies
Fees and certification
Other Acquisition Costs ()
Site Abnormals ()
De-canting tenants
Decontamination
Other
Other 2
4.0%
2,012,301
4,708,785
0
3,354
7,848
0
0
0
0
Total Building Costs inc Fees
60,300,415
Statutory 106 Costs ()

Education
Sport & Recreation
Social Infrastructure
Public Realm
Affordable Housing
Transport
Highway
Health
Public Art
Flood work
Community Infrastructure Levy
0
0
0
0
0
0
0
0
0
0
0
100,501
Printed 23/08/2013
Other Tariff
Other 1
Other 2
0
0
0
0
0
Statutory 106 costs
Marketing (Open Market Housing ONLY)

Sales/letting Fees
Legal Fees (per Open Market unit):
4.0%
600
4,356,000
360,000
Marketing (Affordable Housing)

Developer cost of sale to RP ()
RP purchase costs ()
Intermediate Housing Sales and Marketing ()
per OM unit
7,260
600
per affordable unit
0
0
0
Total Marketing Costs
4,716,000
Non-Residential Building & Marketing Costs

Building Costs
Office
Retail
Industrial
Leisure
Community-use
0
0
0
0
0
Professional Fees (Building, Letting & Sales)

Office
Retail
Industrial
Leisure
Community-use
0
0
0
0
0
Total Non-Residential Costs
TOTAL DIRECT COSTS:
65,016,415
Finance and acquisition costs

Land Value
Arrangement Fee
Misc Fees (Surveyors etc)
Agents Fees
Legal Fees
Stamp Duty
Total Interest Paid
3,200,000
0
0
32,000
24,000
224,000
654,135
Total Finance and Acquisition Costs
4,134,135
1,600,000
5,333
0.0%
0.00%
per Gross ha
per OM home
of interest
of scheme value
1,600,000
5,333
Developer's return for risk and profit

Residential
Market Housing Return (inc OH) on Value
Affordable Housing Return on Cost
Return on sale of Private Rent
Non-residential
Office
Retail
Industrial
Leisure
Community-use
20.0%
0.0%
0.0%
0
0
0
0
0
21,780,000
0
0
36,300 per OM unit

per affordable unit
#DIV/0!
per PR unit
Total Operating Profit

21,780,000
(i.e. profit after deducting sales and site specific finance costs but before deducting developer overheads and taxation)
Surplus/(Deficit) at completion 1/6/2019
22,354,065
Present Value of Surplus (Deficit) at 1/8/2013
14,652,267
Scheme Investment IRR
105.8%
Measures
Site Value as a Percentage of Total Scheme Value
Site Value per hectare
2.8%
11,177,032
24,420 per unit
(before Developer's returns and interest to avoid double counting returns)
Printed 23/08/2013
SCHEME
Site Address
Site Reference
File Source
Scheme Description
Date of appraisal
Appraisal 2 - Low density houses, mid/high sales value area (2.0ha)
01/08/2013
2
0

Density
Gross site Area
Net Site Area
70
70
0
7,825
0
0.0%
0.0%
35
0
0
0
0
0
2.00
2.00
3,913
units
units
units
sq m
habitable rooms
by number of units
by habitable rooms
units/ hectare
Persons
Persons
Persons
Persons
Persons
hectares
hectares
sq m / hectare
Type of Unit
1 Bed Flat Low rise
2 Bed Flat Low rise
3 Bed Flat Low rise
2 Bed House
3 Bed House
4 Bed House
5 Bed House
6 Bed+ House
Social Rented
Shared Ownership
phase 1
Affordable Rent
phase 1
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

RP Re-cycled SHG
0
0
0
0
0
0
Shared
Ownership phase
2
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Affordable Rent
phase 2
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Open Market Housing

Net Area
(sq m)
Revenue
( / sq m)
Total Revenue
()

Total
7,825
7,825
2,600
-
20,345,000
0
0
0
0
20,345,000


290,643
0
0
0
0

0
20,345,000
Monthly Sales rate

3.50
Printed 23/08/2013
Car Parking
No. of Spaces
-
Price per Space ()

-
Value
-
Ground rent
Capitalised annual
ground rent
0
0
0
Social Rented
Shared Ownership
Affordable Rent
20,345,000
Office
Retail
Industrial
Leisure
Community Use
0
0
0
0
0
20,345,000

Per sq meter
0
5,610,525
717
5,610,525

Roads and Sewers
Off Site Works
Public Open Space
Plot specific external works
Infrastructure
0
Per unit
0
0
0
0
0
0
31,710
0
945,000
0
453
13,500
Other site costs

Site Abnormals ()
De-canting tenants
Decontamination
Other
Other 2
4.0%
224,421
525,145
0
3,206
7,502
0
0
0
0
7,336,801

Education
Sport & Recreation
Public Realm
Affordable Housing
Transport
Highway
Health
Public Art
Flood work
0
0
0
0
0
0
0
0
0
0
0
104,811
Printed 23/08/2013
Other Tariff
Other 1
Other 2
0
0
0
0
0
Statutory 106 costs

Sales/letting Fees
4.0%
600
813,800
42,000

per OM unit
11,626
600
per affordable unit
0
0
0
855,800

Building Costs
Office
Retail
Industrial
Leisure
Community-use
0
0
0
0
0

Office
Retail
Industrial
Leisure
Community-use
0
0
0
0
0
TOTAL DIRECT COSTS:
8,192,601

Land Value
Arrangement Fee
Agents Fees
Legal Fees
Stamp Duty
Total Interest Paid
2,700,000
0
0
27,000
20,250
189,000
231,186
3,167,436
1,350,000
38,571
0.0%
0.00%
per Gross ha
per OM home
of interest
of scheme value
1,350,000
38,571

Residential
Non-residential
Office
Retail
Industrial
Leisure
Community-use
20.0%
0.0%
0.0%
0
0
0
0
0
4,069,000
0
0
58,129 per OM unit

per affordable unit
#DIV/0!
per PR unit

4,069,000
4,915,963
3,361,260
168.1%
Measures
13.3%
2,457,981
48,018 per unit
Printed 23/08/2013
SCHEME
Site Address
Site Reference
File Source
Scheme Description
Date of appraisal
Appraisal 3 - Mid density apartments, mid/high value area (2.0ha)
01/08/2013
2
0

Density
Gross site Area
Net Site Area
250
250
0
14,960
0
0.0%
0.0%
125
0
0
0
0
0
2.00
2.00
7,480
units
units
units
sq m
habitable rooms
by number of units
by habitable rooms
units/ hectare
Persons
Persons
Persons
Persons
Persons
hectares
hectares
sq m / hectare
Type of Unit
1 Bed Flat Low rise
2 Bed Flat Low rise
3 Bed Flat Low rise
2 Bed House
3 Bed House
4 Bed House
5 Bed House
6 Bed+ House
Social Rented
Shared Ownership
phase 1
Affordable Rent
phase 1
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

RP Re-cycled SHG
0
0
0
0
0
0
Shared
Ownership phase
2
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Affordable Rent
phase 2
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Open Market Housing

Net Area
(sq m)
Revenue
( / sq m)
Total Revenue
()

Total
14,960
14,960
2,600
-
38,896,000
0
0
0
0
38,896,000


155,584
0
0
0
0

0
38,896,000
Monthly Sales rate

6.41
Printed 23/08/2013
Car Parking
No. of Spaces
-
Price per Space ()

-
Value
-
Ground rent
Capitalised annual
ground rent
0
0
0
Social Rented
Shared Ownership
Affordable Rent
576,923
576,923
39,472,923
Office
Retail
Industrial
Leisure
Community Use
0
0
0
0
0
39,472,923

Per sq meter
0
16,121,600
916
16,121,600

Roads and Sewers
Off Site Works
Public Open Space
Infrastructure
0
Per unit
0
0
0
0
0
0
113,250
0
1,250,000
0
453
5,000
Other site costs

Site Abnormals ()
De-canting tenants
Decontamination
Other
Other 2
4.0%
644,864
1,508,982
0
2,579
6,036
0
0
0
0
19,638,696

Education
Sport & Recreation
Public Realm
Affordable Housing
Transport
Highway
Health
Public Art
Flood work
0
0
0
0
0
0
0
0
0
0
0
78,555
Printed 23/08/2013
Other Tariff
Other 1
Other 2
0
0
0
0
0
Statutory 106 costs

Sales/letting Fees
4.0%
600
1,555,840
150,000

per OM unit
6,223
600
per affordable unit
0
0
0
1,705,840

Building Costs
Office
Retail
Industrial
Leisure
Community-use
0
0
0
0
0

Office
Retail
Industrial
Leisure
Community-use
0
0
0
0
0
TOTAL DIRECT COSTS:
21,344,536

Land Value
Arrangement Fee
Agents Fees
Legal Fees
Stamp Duty
Total Interest Paid
2,700,000
0
0
27,000
20,250
189,000
396,376
3,332,626
1,350,000
10,800
0.0%
0.00%
per Gross ha
per OM home
of interest
of scheme value
1,350,000
10,800

Residential
Non-residential
Office
Retail
Industrial
Leisure
Community-use
20.0%
0.0%
0.0%
0
0
0
0
0
7,779,200
0
0
31,117 per OM unit

per affordable unit
#DIV/0!
per PR unit

7,779,200
7,016,561
4,797,531
100.5%
Measures
6.8%
3,508,281
19,190 per unit
Printed 23/08/2013
SCHEME
Site Address
Site Reference
File Source
Scheme Description
Date of appraisal
Appraisal 4 - Mixed type scheme, mid-high value areas (2ha)
01/08/2013
2
0

Density
Gross site Area
Net Site Area
106
106
0
10,875
0
0.0%
0.0%
53
0
0
0
0
0
2.00
2.00
5,438
units
units
units
sq m
habitable rooms
by number of units
by habitable rooms
units/ hectare
Persons
Persons
Persons
Persons
Persons
hectares
hectares
sq m / hectare
Type of Unit
1 Bed Flat Low rise
2 Bed Flat Low rise
3 Bed Flat Low rise
2 Bed House
3 Bed House
4 Bed House
5 Bed House
6 Bed+ House
Social Rented
Shared Ownership
phase 1
Affordable Rent
phase 1
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

RP Re-cycled SHG
0
0
0
0
0
0
Shared
Ownership phase
2
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Affordable Rent
phase 2
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Open Market Housing

Net Area
(sq m)
Revenue
( / sq m)
Total Revenue
()

Total
10,875
10,875
2,576
-
28,015,000
0
0
0
0
28,015,000


264,292
0
0
0
0

0
28,015,000
Monthly Sales rate

3.79
Printed 23/08/2013
Car Parking
No. of Spaces
-
Price per Space ()

-
Value
-
Ground rent
Capitalised annual
ground rent
0
0
0
Social Rented
Shared Ownership
Affordable Rent
48,462
48,462
28,063,462
Office
Retail
Industrial
Leisure
Community Use
0
0
0
0
0
28,063,462

Per sq meter
0
8,217,491
737
8,217,491

Roads and Sewers
Off Site Works
Public Open Space
Infrastructure
0
Per unit
0
0
0
0
0
0
48,018
0
1,252,500
0
453
11,816
Other site costs

Site Abnormals ()
De-canting tenants
Decontamination
Other
Other 2
4.0%
328,700
769,157
0
3,101
7,256
0
0
0
0
10,615,865

Education
Sport & Recreation
Public Realm
Affordable Housing
Transport
Highway
Health
Public Art
Flood work
0
0
0
0
0
0
0
0
0
0
0
100,150
Printed 23/08/2013
Other Tariff
Other 1
Other 2
0
0
0
0
0
Statutory 106 costs

Sales/letting Fees
4.0%
600
1,120,600
63,600

per OM unit
10,572
600
per affordable unit
0
0
0
1,184,200

Building Costs
Office
Retail
Industrial
Leisure
Community-use
0
0
0
0
0

Office
Retail
Industrial
Leisure
Community-use
0
0
0
0
0
TOTAL DIRECT COSTS:
11,800,065

Land Value
Arrangement Fee
Agents Fees
Legal Fees
Stamp Duty
Total Interest Paid
2,700,000
0
0
27,000
20,250
189,000
261,045
3,197,295
1,350,000
25,472
0.0%
0.00%
per Gross ha
per OM home
of interest
of scheme value
1,350,000
25,472

Residential
Non-residential
Office
Retail
Industrial
Leisure
Community-use
20.0%
0.0%
0.0%
0
0
0
0
0
5,603,000
0
0
52,858 per OM unit

per affordable unit
#DIV/0!
per PR unit

5,603,000
7,463,101
5,102,850
160.1%
Measures
9.6%
3,731,551
48,140 per unit
Printed 28/08/2013
SCHEME
Site Address
Site Reference
File Source
Scheme Description
Date of appraisal
Appraisal 5 - Low density houses, mid sales value area (2.0ha)
01/08/2013
2
0

Density
Gross site Area
Net Site Area
70
70
0
7,825
0
0.0%
0.0%
35
0
0
0
0
0
2.00
2.00
3,913
units
units
units
sq m
habitable rooms
by number of units
by habitable rooms
units/ hectare
Persons
Persons
Persons
Persons
Persons
hectares
hectares
sq m / hectare
Type of Unit
1 Bed Flat Low rise
2 Bed Flat Low rise
3 Bed Flat Low rise
2 Bed House
3 Bed House
4 Bed House
5 Bed House
6 Bed+ House
Social Rented
Shared Ownership
phase 1
Affordable Rent
phase 1
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

RP Re-cycled SHG
0
0
0
0
0
0
Shared
Ownership phase
2
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Affordable Rent
phase 2
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Open Market Housing

Net Area
(sq m)
Revenue
( / sq m)
Total Revenue
()

Total
7,825
7,825
2,200
-
17,215,000
0
0
0
0
17,215,000


245,929
0
0
0
0

0
17,215,000
Monthly Sales rate

3.50
Printed 28/08/2013
Car Parking
No. of Spaces
-
Price per Space ()

-
Value
-
Ground rent
Capitalised annual
ground rent
0
0
0
Social Rented
Shared Ownership
Affordable Rent
17,215,000
Office
Retail
Industrial
Leisure
Community Use
0
0
0
0
0
17,215,000

Per sq meter
0
5,344,475
683
5,344,475

Roads and Sewers
Off Site Works
Public Open Space
Infrastructure
0
Per unit
0
0
0
0
0
0
31,710
0
945,000
0
453
13,500
Other site costs

Site Abnormals ()
De-canting tenants
Decontamination
Other
Other 2
4.0%
213,779
500,243
0
3,054
7,146
0
0
0
0
7,035,207

Education
Sport & Recreation
Public Realm
Affordable Housing
Transport
Highway
Health
Public Art
Flood work
0
0
0
0
0
0
0
0
0
0
0
100,503
Printed 28/08/2013
Other Tariff
Other 1
Other 2
0
0
0
0
0
Statutory 106 costs

Sales/letting Fees
4.0%
600
688,600
42,000

per OM unit
9,837
600
per affordable unit
0
0
0
730,600

Building Costs
Office
Retail
Industrial
Leisure
Community-use
0
0
0
0
0

Office
Retail
Industrial
Leisure
Community-use
0
0
0
0
0
TOTAL DIRECT COSTS:
7,765,807

Land Value
Arrangement Fee
Agents Fees
Legal Fees
Stamp Duty
Total Interest Paid
2,200,000
0
0
22,000
16,500
154,000
201,882
2,594,382
1,100,000
31,429
0.0%
0.00%
per Gross ha
per OM home
of interest
of scheme value
1,100,000
31,429

Residential
Non-residential
Office
Retail
Industrial
Leisure
Community-use
20.0%
0.0%
0.0%
0
0
0
0
0
3,443,000
0
0
49,186 per OM unit

per affordable unit
#DIV/0!
per PR unit

3,443,000
3,411,811
2,332,805
153.1%
Measures
12.8%
1,705,906
33,326 per unit
Printed 23/08/2013
SCHEME
Site Address
Site Reference
File Source
Scheme Description
Date of appraisal
Appraisal 6 - Mid density apartments, mid value area (2.0ha)
01/08/2013
2
0

Density
Gross site Area
Net Site Area
250
250
0
14,960
0
0.0%
0.0%
125
0
0
0
0
0
2.00
2.00
7,480
units
units
units
sq m
habitable rooms
by number of units
by habitable rooms
units/ hectare
Persons
Persons
Persons
Persons
Persons
hectares
hectares
sq m / hectare
Type of Unit
1 Bed Flat Low rise
2 Bed Flat Low rise
3 Bed Flat Low rise
2 Bed House
3 Bed House
4 Bed House
5 Bed House
6 Bed+ House
Social Rented
Shared Ownership
phase 1
Affordable Rent
phase 1
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

RP Re-cycled SHG
0
0
0
0
0
0
Shared
Ownership phase
2
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Affordable Rent
phase 2
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Open Market Housing

Net Area
(sq m)
Revenue
( / sq m)
Total Revenue
()

Total
14,960
14,960
2,200
-
32,912,000
0
0
0
0
32,912,000


131,648
0
0
0
0

0
32,912,000
Monthly Sales rate

6.41
Printed 23/08/2013
Car Parking
No. of Spaces
-
Price per Space ()

-
Value
-
Ground rent
Capitalised annual
ground rent
0
0
0
Social Rented
Shared Ownership
Affordable Rent
576,923
576,923
33,488,923
Office
Retail
Industrial
Leisure
Community Use
0
0
0
0
0
33,488,923

Per sq meter
0
15,347,200
872
15,347,200

Roads and Sewers
Off Site Works
Public Open Space
Infrastructure
0
Per unit
0
0
0
0
0
0
113,250
0
1,250,000
0
453
5,000
Other site costs

Site Abnormals ()
De-canting tenants
Decontamination
Other
Other 2
4.0%
613,888
1,436,498
0
2,456
5,746
0
0
0
0
18,760,836

Education
Sport & Recreation
Public Realm
Affordable Housing
Transport
Highway
Health
Public Art
Flood work
0
0
0
0
0
0
0
0
0
0
0
75,043
Printed 23/08/2013
Other Tariff
Other 1
Other 2
0
0
0
0
0
Statutory 106 costs

Sales/letting Fees
4.0%
600
1,316,480
150,000

per OM unit
5,266
600
per affordable unit
0
0
0
1,466,480

Building Costs
Office
Retail
Industrial
Leisure
Community-use
0
0
0
0
0

Office
Retail
Industrial
Leisure
Community-use
0
0
0
0
0
TOTAL DIRECT COSTS:
20,227,316

Land Value
Arrangement Fee
Agents Fees
Legal Fees
Stamp Duty
Total Interest Paid
2,200,000
0
0
22,000
16,500
154,000
391,485
2,783,985
1,100,000
8,800
0.0%
0.00%
per Gross ha
per OM home
of interest
of scheme value
1,100,000
8,800

Residential
Non-residential
Office
Retail
Industrial
Leisure
Community-use
20.0%
0.0%
0.0%
0
0
0
0
0
6,582,400
0
0
26,330 per OM unit

per affordable unit
#DIV/0!
per PR unit

6,582,400
3,895,223
2,663,335
80.9%
Measures
6.6%
1,947,611
10,653 per unit
Printed 23/08/2013
SCHEME
Site Address
Site Reference
File Source
Scheme Description
Date of appraisal
Appraisal 7 - Mixed type scheme, mid value areas (2ha)
01/08/2013
2
0

Density
Gross site Area
Net Site Area
106
106
0
10,875
0
0.0%
0.0%
53
0
0
0
0
0
2.00
2.00
5,438
units
units
units
sq m
habitable rooms
by number of units
by habitable rooms
units/ hectare
Persons
Persons
Persons
Persons
Persons
hectares
hectares
sq m / hectare
Type of Unit
1 Bed Flat Low rise
2 Bed Flat Low rise
3 Bed Flat Low rise
2 Bed House
3 Bed House
4 Bed House
5 Bed House
6 Bed+ House
Social Rented
Shared Ownership
phase 1
Affordable Rent
phase 1
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

RP Re-cycled SHG
0
0
0
0
0
0
Shared
Ownership phase
2
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Affordable Rent
phase 2
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Open Market Housing

Net Area
(sq m)
Revenue
( / sq m)
Total Revenue
()

Total
10,875
10,875
2,200
-
23,925,000
0
0
0
0
23,925,000


225,708
0
0
0
0

0
23,925,000
Monthly Sales rate

3.79
Printed 23/08/2013
Car Parking
No. of Spaces
-
Price per Space ()

-
Value
-
Ground rent
Capitalised annual
ground rent
0
0
0
Social Rented
Shared Ownership
Affordable Rent
48,462
48,462
23,973,462
Office
Retail
Industrial
Leisure
Community Use
0
0
0
0
0
23,973,462

Per sq meter
0
7,825,624
702
7,825,624

Roads and Sewers
Off Site Works
Public Open Space
Infrastructure
0
Per unit
0
0
0
0
0
0
48,018
0
1,252,500
0
453
11,816
Other site costs

Site Abnormals ()
De-canting tenants
Decontamination
Other
Other 2
4.0%
313,025
732,478
0
2,953
6,910
0
0
0
0
10,171,645

Education
Sport & Recreation
Public Realm
Affordable Housing
Transport
Highway
Health
Public Art
Flood work
0
0
0
0
0
0
0
0
0
0
0
95,959
Printed 23/08/2013
Other Tariff
Other 1
Other 2
0
0
0
0
0
Statutory 106 costs

Sales/letting Fees
4.0%
600
957,000
63,600

per OM unit
9,028
600
per affordable unit
0
0
0
1,020,600

Building Costs
Office
Retail
Industrial
Leisure
Community-use
0
0
0
0
0

Office
Retail
Industrial
Leisure
Community-use
0
0
0
0
0
TOTAL DIRECT COSTS:
11,192,245

Land Value
Arrangement Fee
Agents Fees
Legal Fees
Stamp Duty
Total Interest Paid
2,200,000
0
0
22,000
16,500
154,000
231,801
2,624,301
1,100,000
20,755
0.0%
0.00%
per Gross ha
per OM home
of interest
of scheme value
1,100,000
20,755

Residential
Non-residential
Office
Retail
Industrial
Leisure
Community-use
20.0%
0.0%
0.0%
0
0
0
0
0
4,785,000
0
0
45,142 per OM unit

per affordable unit
#DIV/0!
per PR unit

4,785,000
5,371,916
3,673,015
146.1%
Measures
9.2%
2,685,958
34,651 per unit
Printed 23/08/2013
SCHEME
Site Address
Site Reference
File Source
Scheme Description
Date of appraisal
Appraisal 8 - Low density houses, mid/low sales value area (2.0ha)
01/08/2013
2
0

Density
Gross site Area
Net Site Area
70
70
0
7,825
0
0.0%
0.0%
35
0
0
0
0
0
2.00
2.00
3,913
units
units
units
sq m
habitable rooms
by number of units
by habitable rooms
units/ hectare
Persons
Persons
Persons
Persons
Persons
hectares
hectares
sq m / hectare
Type of Unit
1 Bed Flat Low rise
2 Bed Flat Low rise
3 Bed Flat Low rise
2 Bed House
3 Bed House
4 Bed House
5 Bed House
6 Bed+ House
Social Rented
Shared Ownership
phase 1
Affordable Rent
phase 1
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

RP Re-cycled SHG
0
0
0
0
0
0
Shared
Ownership phase
2
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Affordable Rent
phase 2
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Open Market Housing

Net Area
(sq m)
Revenue
( / sq m)
Total Revenue
()

Total
7,825
7,825
1,800
-
14,085,000
0
0
0
0
14,085,000


201,214
0
0
0
0

0
14,085,000
Monthly Sales rate

3.50
Printed 23/08/2013
Car Parking
No. of Spaces
-
Price per Space ()

-
Value
-
Ground rent
Capitalised annual
ground rent
0
0
0
Social Rented
Shared Ownership
Affordable Rent
14,085,000
Office
Retail
Industrial
Leisure
Community Use
0
0
0
0
0
14,085,000

Per sq meter
0
5,344,475
683
5,344,475

Roads and Sewers
Off Site Works
Public Open Space
Infrastructure
0
Per unit
0
0
0
0
0
0
31,710
0
945,000
0
453
13,500
Other site costs

Site Abnormals ()
De-canting tenants
Decontamination
Other
Other 2
4.0%
213,779
500,243
0
3,054
7,146
0
0
0
0
7,035,207

Education
Sport & Recreation
Public Realm
Affordable Housing
Transport
Highway
Health
Public Art
Flood work
0
0
0
0
0
0
0
0
0
0
0
100,503
Printed 23/08/2013
Other Tariff
Other 1
Other 2
0
0
0
0
0
Statutory 106 costs

Sales/letting Fees
4.0%
600
563,400
42,000

per OM unit
8,049
600
per affordable unit
0
0
0
605,400

Building Costs
Office
Retail
Industrial
Leisure
Community-use
0
0
0
0
0

Office
Retail
Industrial
Leisure
Community-use
0
0
0
0
0
TOTAL DIRECT COSTS:
7,640,607

Land Value
Arrangement Fee
Agents Fees
Legal Fees
Stamp Duty
Total Interest Paid
1,700,000
0
0
17,000
12,750
85,000
178,069
1,992,819
850,000
24,286
per Gross ha
per OM home
0.0% of interest
0.00% of scheme value
850,000
24,286

Residential
Non-residential
Office
Retail
Industrial
Leisure
Community-use
20.0%
0.0%
0.0%
0
0
0
0
0
2,817,000
0
0
40,243 per OM unit

per affordable unit
#DIV/0!
per PR unit

2,817,000
1,634,574
1,117,630
123.8%
Measures
12.1%
817,287
15,966 per unit
Printed 23/08/2013
SCHEME
Site Address
Site Reference
File Source
Scheme Description
Date of appraisal
Appraisal 9 - Mid density apartments, mid/low value area (2.0ha)
01/08/2013
2
0

Density
Gross site Area
Net Site Area
250
250
0
14,960
0
0.0%
0.0%
125
0
0
0
0
0
2.00
2.00
7,480
units
units
units
sq m
habitable rooms
by number of units
by habitable rooms
units/ hectare
Persons
Persons
Persons
Persons
Persons
hectares
hectares
sq m / hectare
Type of Unit
1 Bed Flat Low rise
2 Bed Flat Low rise
3 Bed Flat Low rise
2 Bed House
3 Bed House
4 Bed House
5 Bed House
6 Bed+ House
Social Rented
Shared Ownership
phase 1
Affordable Rent
phase 1
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

RP Re-cycled SHG
0
0
0
0
0
0
Shared
Ownership phase
2
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Affordable Rent
phase 2
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Open Market Housing

Net Area
(sq m)
Revenue
( / sq m)
Total Revenue
()

Total
14,960
14,960
1,800
-
26,928,000
0
0
0
0
26,928,000


107,712
0
0
0
0

0
26,928,000
Monthly Sales rate

6.41
Printed 23/08/2013
Car Parking
No. of Spaces
-
Price per Space ()

-
Value
-
Ground rent
Capitalised annual
ground rent
0
0
0
Social Rented
Shared Ownership
Affordable Rent
576,923
576,923
27,504,923
Office
Retail
Industrial
Leisure
Community Use
0
0
0
0
0
27,504,923

Per sq meter
0
15,347,200
872
15,347,200

Roads and Sewers
Off Site Works
Public Open Space
Infrastructure
0
Per unit
0
0
0
0
0
0
113,250
0
1,250,000
0
453
5,000
Other site costs

Site Abnormals ()
De-canting tenants
Decontamination
Other
Other 2
4.0%
613,888
1,436,498
0
2,456
5,746
0
0
0
0
18,760,836

Education
Sport & Recreation
Public Realm
Affordable Housing
Transport
Highway
Health
Public Art
Flood work
0
0
0
0
0
0
0
0
0
0
0
75,043
Printed 23/08/2013
Other Tariff
Other 1
Other 2
0
0
0
0
0
Statutory 106 costs

Sales/letting Fees
4.0%
600
1,077,120
150,000

per OM unit
4,308
600
per affordable unit
0
0
0
1,227,120

Building Costs
Office
Retail
Industrial
Leisure
Community-use
0
0
0
0
0

Office
Retail
Industrial
Leisure
Community-use
0
0
0
0
0
TOTAL DIRECT COSTS:
19,987,956

Land Value
Arrangement Fee
Agents Fees
Legal Fees
Stamp Duty
Total Interest Paid
1,700,000
0
0
17,000
12,750
85,000
485,275
2,300,025
850,000
6,800
per Gross ha
per OM home
0.0% of interest
850,000
6,800

Residential
Non-residential
Office
Retail
Industrial
Leisure
Community-use
20.0%
0.0%
0.0%
0
0
0
0
0
5,385,600
0
0
21,542 per OM unit

per affordable unit
#DIV/0!
per PR unit

5,385,600
(168,657)
(115,318)
46.8%
Measures
6.2%
-84,329
(461) per unit
Printed 23/08/2013
SCHEME
Site Address
Site Reference
File Source
Scheme Description
Date of appraisal
Appraisal 10 - Mixed type scheme, mid-low value areas (2ha)
01/08/2013
2
0

Density
Gross site Area
Net Site Area
106
106
0
10,875
0
0.0%
0.0%
53
0
0
0
0
0
2.00
2.00
5,438
units
units
units
sq m
habitable rooms
by number of units
by habitable rooms
units/ hectare
Persons
Persons
Persons
Persons
Persons
hectares
hectares
sq m / hectare
Type of Unit
1 Bed Flat Low rise
2 Bed Flat Low rise
3 Bed Flat Low rise
2 Bed House
3 Bed House
4 Bed House
5 Bed House
6 Bed+ House
Social Rented
Shared Ownership
phase 1
Affordable Rent
phase 1
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

RP Re-cycled SHG
0
0
0
0
0
0
Shared
Ownership phase
2
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Affordable Rent
phase 2
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Open Market Housing

Net Area
(sq m)
Revenue
( / sq m)
Total Revenue
()

Total
10,875
10,875
1,800
-
19,575,000
0
0
0
0
19,575,000


184,670
0
0
0
0

0
19,575,000
Monthly Sales rate

3.79
Printed 23/08/2013
Car Parking
No. of Spaces
-
Price per Space ()

-
Value
-
Ground rent
Capitalised annual
ground rent
0
0
0
Social Rented
Shared Ownership
Affordable Rent
48,462
48,462
19,623,462
Office
Retail
Industrial
Leisure
Community Use
0
0
0
0
0
19,623,462

Per sq meter
0
7,825,624
702
7,825,624

Roads and Sewers
Off Site Works
Public Open Space
Infrastructure
0
Per unit
0
0
0
0
0
0
48,018
0
1,252,500
0
453
11,816
Other site costs

Site Abnormals ()
De-canting tenants
Decontamination
Other
Other 2
4.0%
313,025
732,478
0
2,953
6,910
0
0
0
0
10,171,645

Education
Sport & Recreation
Public Realm
Affordable Housing
Transport
Highway
Health
Public Art
Flood work
0
0
0
0
0
0
0
0
0
0
0
95,959
Printed 23/08/2013
Other Tariff
Other 1
Other 2
0
0
0
0
0
Statutory 106 costs

Sales/letting Fees
4.0%
600
783,000
63,600

per OM unit
7,387
600
per affordable unit
0
0
0
846,600

Building Costs
Office
Retail
Industrial
Leisure
Community-use
0
0
0
0
0

Office
Retail
Industrial
Leisure
Community-use
0
0
0
0
0
TOTAL DIRECT COSTS:
11,018,245

Land Value
Arrangement Fee
Agents Fees
Legal Fees
Stamp Duty
Total Interest Paid
1,700,000
0
0
17,000
12,750
85,000
215,385
2,030,135
850,000
16,038
per Gross ha
per OM home
0.0% of interest
850,000
16,038

Residential
Non-residential
Office
Retail
Industrial
Leisure
Community-use
20.0%
0.0%
0.0%
0
0
0
0
0
3,915,000
0
0
36,934 per OM unit

per affordable unit
#DIV/0!
per PR unit

3,915,000
2,660,082
1,818,815
114.0%
Measures
8.7%
1,330,041
17,159 per unit
Printed 23/08/2013
SCHEME
Site Address
Site Reference
File Source
Scheme Description
Date of appraisal
Appraisal 11 - Low density houses, low value area (2.0ha)
01/08/2013
2
0

Density
Gross site Area
Net Site Area
70
70
0
7,825
0
0.0%
0.0%
35
0
0
0
0
0
2.00
2.00
3,913
units
units
units
sq m
habitable rooms
by number of units
by habitable rooms
units/ hectare
Persons
Persons
Persons
Persons
Persons
hectares
hectares
sq m / hectare
Type of Unit
1 Bed Flat Low rise
2 Bed Flat Low rise
3 Bed Flat Low rise
2 Bed House
3 Bed House
4 Bed House
5 Bed House
6 Bed+ House
Social Rented
Shared Ownership
phase 1
Affordable Rent
phase 1
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

RP Re-cycled SHG
0
0
0
0
0
0
Shared
Ownership phase
2
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Affordable Rent
phase 2
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Open Market Housing

Net Area
(sq m)
Revenue
( / sq m)
Total Revenue
()

Total
7,825
7,825
1,400
-
10,955,000
0
0
0
0
10,955,000


156,500
0
0
0
0

0
10,955,000
Monthly Sales rate

3.50
Printed 23/08/2013
Car Parking
No. of Spaces
-
Price per Space ()

-
Value
-
Ground rent
Capitalised annual
ground rent
0
0
0
Social Rented
Shared Ownership
Affordable Rent
10,955,000
Office
Retail
Industrial
Leisure
Community Use
0
0
0
0
0
10,955,000

Per sq meter
0
5,344,475
683
5,344,475

Roads and Sewers
Off Site Works
Public Open Space
Infrastructure
0
Per unit
0
0
0
0
0
0
31,710
0
945,000
0
453
13,500
Other site costs

Site Abnormals ()
De-canting tenants
Decontamination
Other
Other 2
4.0%
213,779
500,243
0
3,054
7,146
0
0
0
0
7,035,207

Education
Sport & Recreation
Public Realm
Affordable Housing
Transport
Highway
Health
Public Art
Flood work
0
0
0
0
0
0
0
0
0
0
0
100,503
Printed 23/08/2013
Other Tariff
Other 1
Other 2
0
0
0
0
0
Statutory 106 costs

Sales/letting Fees
4.0%
600
438,200
42,000

per OM unit
6,260
600
per affordable unit
0
0
0
480,200

Building Costs
Office
Retail
Industrial
Leisure
Community-use
0
0
0
0
0

Office
Retail
Industrial
Leisure
Community-use
0
0
0
0
0
TOTAL DIRECT COSTS:
7,515,407

Land Value
Arrangement Fee
Agents Fees
Legal Fees
Stamp Duty
Total Interest Paid
1,200,000
0
0
12,000
9,000
60,000
167,785
1,448,785
600,000
17,143
per Gross ha
per OM home
0.0% of interest
600,000
17,143

Residential
Non-residential
Office
Retail
Industrial
Leisure
Community-use
20.0%
0.0%
0.0%
0
0
0
0
0
2,191,000
0
0
31,300 per OM unit

per affordable unit
#DIV/0!
per PR unit

2,191,000
(200,192)
(136,880)
75.1%
Measures
11.0%
-100,096
(1,955) per unit
Printed 23/08/2013
SCHEME
Site Address
Site Reference
File Source
Scheme Description
Date of appraisal
Appraisal 12 - Mid density apartments, low value area (2.0ha)
01/08/2013
2
0

Density
Gross site Area
Net Site Area
250
250
0
14,960
0
0.0%
0.0%
125
0
0
0
0
0
2.00
2.00
7,480
units
units
units
sq m
habitable rooms
by number of units
by habitable rooms
units/ hectare
Persons
Persons
Persons
Persons
Persons
hectares
hectares
sq m / hectare
Type of Unit
1 Bed Flat Low rise
2 Bed Flat Low rise
3 Bed Flat Low rise
2 Bed House
3 Bed House
4 Bed House
5 Bed House
6 Bed+ House
Social Rented
Shared Ownership
phase 1
Affordable Rent
phase 1
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

RP Re-cycled SHG
0
0
0
0
0
0
Shared
Ownership phase
2
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Affordable Rent
phase 2
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Open Market Housing

Net Area
(sq m)
Revenue
( / sq m)
Total Revenue
()

Total
14,960
14,960
1,400
-
20,944,000
0
0
0
0
20,944,000


83,776
0
0
0
0

0
20,944,000
Monthly Sales rate

6.41
Printed 23/08/2013
Car Parking
No. of Spaces
-
Price per Space ()

-
Value
-
Ground rent
Capitalised annual
ground rent
0
0
0
Social Rented
Shared Ownership
Affordable Rent
576,923
576,923
21,520,923
Office
Retail
Industrial
Leisure
Community Use
0
0
0
0
0
21,520,923

Per sq meter
0
15,347,200
872
15,347,200

Roads and Sewers
Off Site Works
Public Open Space
Infrastructure
0
Per unit
0
0
0
0
0
0
113,250
0
1,250,000
0
453
5,000
Other site costs

Site Abnormals ()
De-canting tenants
Decontamination
Other
Other 2
4.0%
613,888
1,436,498
0
2,456
5,746
0
0
0
0
18,760,836

Education
Sport & Recreation
Public Realm
Affordable Housing
Transport
Highway
Health
Public Art
Flood work
0
0
0
0
0
0
0
0
0
0
0
75,043
Printed 23/08/2013
Other Tariff
Other 1
Other 2
0
0
0
0
0
Statutory 106 costs

Sales/letting Fees
4.0%
600
837,760
150,000

per OM unit
3,351
600
per affordable unit
0
0
0
987,760

Building Costs
Office
Retail
Industrial
Leisure
Community-use
0
0
0
0
0

Office
Retail
Industrial
Leisure
Community-use
0
0
0
0
0
TOTAL DIRECT COSTS:
19,748,596

Land Value
Arrangement Fee
Agents Fees
Legal Fees
Stamp Duty
Total Interest Paid
1,200,000
0
0
12,000
9,000
60,000
934,198
2,215,198
600,000
4,800
per Gross ha
per OM home
0.0% of interest
600,000
4,800

Residential
Non-residential
Office
Retail
Industrial
Leisure
Community-use
20.0%
0.0%
0.0%
0
0
0
0
0
4,188,800
0
0
16,755 per OM unit

per affordable unit
#DIV/0!
per PR unit

4,188,800
(4,631,671)
(3,166,877)
4.4%
Measures
5.6%
-2,315,836
(12,668) per unit
Printed 23/08/2013
SCHEME
Site Address
Site Reference
File Source
Scheme Description
Date of appraisal
Appraisal 13 - Mixed type scheme, low value areas (2ha)
01/08/2013
2
0

Density
Gross site Area
Net Site Area
106
106
0
10,875
0
0.0%
0.0%
53
0
0
0
0
0
2.00
2.00
5,438
units
units
units
sq m
habitable rooms
by number of units
by habitable rooms
units/ hectare
Persons
Persons
Persons
Persons
Persons
hectares
hectares
sq m / hectare
Type of Unit
1 Bed Flat Low rise
2 Bed Flat Low rise
3 Bed Flat Low rise
2 Bed House
3 Bed House
4 Bed House
5 Bed House
6 Bed+ House
Social Rented
Shared Ownership
phase 1
Affordable Rent
phase 1
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

RP Re-cycled SHG
0
0
0
0
0
0
Shared
Ownership phase
2
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Affordable Rent
phase 2
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Open Market Housing

Net Area
(sq m)
Revenue
( / sq m)
Total Revenue
()

Total
10,875
10,875
1,400
-
15,225,000
0
0
0
0
15,225,000


143,632
0
0
0
0

0
15,225,000
Monthly Sales rate

3.79
Printed 23/08/2013
Car Parking
No. of Spaces
-
Price per Space ()

-
Value
-
Ground rent
Capitalised annual
ground rent
0
0
0
Social Rented
Shared Ownership
Affordable Rent
48,462
48,462
15,273,462
Office
Retail
Industrial
Leisure
Community Use
0
0
0
0
0
15,273,462

Per sq meter
0
7,825,624
702
7,825,624

Roads and Sewers
Off Site Works
Public Open Space
Infrastructure
0
Per unit
0
0
0
0
0
0
48,018
0
1,252,500
0
453
11,816
Other site costs

Site Abnormals ()
De-canting tenants
Decontamination
Other
Other 2
4.0%
313,025
732,478
0
2,953
6,910
0
0
0
0
10,171,645

Education
Sport & Recreation
Public Realm
Affordable Housing
Transport
Highway
Health
Public Art
Flood work
0
0
0
0
0
0
0
0
0
0
0
95,959
Printed 23/08/2013
Other Tariff
Other 1
Other 2
0
0
0
0
0
Statutory 106 costs

Sales/letting Fees
4.0%
600
609,000
63,600

per OM unit
5,745
600
per affordable unit
0
0
0
672,600

Building Costs
Office
Retail
Industrial
Leisure
Community-use
0
0
0
0
0

Office
Retail
Industrial
Leisure
Community-use
0
0
0
0
0
TOTAL DIRECT COSTS:
10,844,245

Land Value
Arrangement Fee
Agents Fees
Legal Fees
Stamp Duty
Total Interest Paid
1,700,000
0
0
12,000
9,000
60,000
307,599
2,088,599
850,000
16,038
per Gross ha
per OM home
0.0% of interest
850,000
16,038

Residential
Non-residential
Office
Retail
Industrial
Leisure
Community-use
20.0%
0.0%
0.0%
0
0
0
0
0
3,045,000
0
0
28,726 per OM unit

per affordable unit
#DIV/0!
per PR unit

3,045,000
(704,383)
(481,617)
46.3%
Measures
11.1%
-352,191
(4,544) per unit

Development Appraisal Example - Salford

Загружено:

Сведения о документе

Авторское право

Доступные форматы

Поделиться этим документом

Поделиться или встроить документ

Параметры публикации

Этот документ был вам полезен?

Это неприемлемый материал?

Авторское право:

Доступные форматы

Development Appraisal Example - Salford

Загружено:

Авторское право:

Доступные форматы

Annex 1 Building Cost Information Service (BCIS) residential

build cost data

Average prices - results

Maximum age of results: Default period

/m gross internal floor area

Single storey (15)

Single storey (15)

Single storey (15)

1-2 storey (15)

3-5 storey (15)

4-storey or above (25)

Estate housing terraced

HCA Development Apprasial Tool

Appraisal 1 - High sales value area, high density apartments (2.0ha)

Housing Mix (Affordable + Open Market)

TOTAL CAPITAL VALUE OF ALL AFFORDABLE HOUSING (EXCLUDING OTHER FUNDING)

OTHER SOURCES OF AFFORDABLE HOUSING FUNDING

TOTAL CAPITAL VALUE OF ALL AFFORDABLE HOUSING (INCLUDING OTHER FUNDING)

Open Market Housing

Open Market Phase 1:

Open Market Phase 1:

Average value ( per unit)

Type of Open Market Housing

Capital Value of Private Rental

Monthly Sales rate

HCA Development Apprasial Tool

Price per Space ()

TOTAL VALUE OF CAR PARKING

TOTAL CAPITALISED ANNUAL GROUND RENT

TOTAL CAPITAL VALUE OF RESIDENTIAL SCHEME

TOTAL CAPITAL VALUE OF NON-RESIDENTIAL SCHEME

TOTAL VALUE OF SCHEME

Residential Building, Marketing & Section 106 Costs

External Works & Infrastructure Costs ()

Other site costs

Total Building Costs inc Fees

Statutory 106 Costs ()

HCA Development Apprasial Tool

Statutory 106 costs

Marketing (Open Market Housing ONLY)

Marketing (Affordable Housing)

Total Marketing Costs

Non-Residential Building & Marketing Costs

Professional Fees (Building, Letting & Sales)

Total Non-Residential Costs

TOTAL DIRECT COSTS:

Finance and acquisition costs

Total Finance and Acquisition Costs

Developer's return for risk and profit

36,300 per OM unit

Total Operating Profit

Surplus/(Deficit) at completion 1/6/2019

Present Value of Surplus (Deficit) at 1/8/2013

Scheme Investment IRR

24,420 per unit

(before Developer's returns and interest to avoid double counting returns)

HCA Development Apprasial Tool

Appraisal 2 - Low density houses, mid/high sales value area (2.0ha)

Housing Mix (Affordable + Open Market)

TOTAL CAPITAL VALUE OF ALL AFFORDABLE HOUSING (EXCLUDING OTHER FUNDING)

OTHER SOURCES OF AFFORDABLE HOUSING FUNDING

TOTAL CAPITAL VALUE OF ALL AFFORDABLE HOUSING (INCLUDING OTHER FUNDING)

Open Market Housing

Open Market Phase 1: