Request
Please list all the publicly available information that Savills took into account when preparing the valuation of the Pinkham Way site for the NLWA 2022/23 accounts.
Response
Provide below is a list of the publicly available information that Savills considered in preparing the valuation of Pinkham Way site of the NLWA 2022/23 accounts.
- London Plan 2021
- North London Waste Plan 2022
- Haringey Local Plan
- RICS global standards red book
- A schedule of comparable transactions, which are publicly available
| Property | Date | Area (acres) | Area (sq. ft.) | Price | Price / Acre | Remarks |
| Arterial Road, Thurrock | 4Q/2023 | 129.01 | £47,000,000 | £364,313 | Purchase by Google to develop 1,30 million sq ft data centre & logistics park; small net developable area former landfill | |
| Thomas Road, Crayford | 4Q/2022 | 12.21 | £44,000,000 | £3,603,604 | Purchased to develop circa 300,000 sq ft of industrial space | |
| Mollinson Avenue, Enfield, EN3 | 1Q/2022 | 4.32 | £47,500,000 | £10,995,370 | Older 100,567 sq ft shed purchased for re-development as logistics space; unit currently available on short term let | |
| Knightsbridge Road, Barking, IG11 | 4Q/2021 | 2.21 | £14,250,000 | £6,447,964 | Land & buildings purchased for new 60,000 sq ft logistics development | |
| Morson Road, Enfield, EN34 | 4Q/2021 | 1.22 | £6,500,000 | £5,327,869 | Former Readymix site; purchased by SEGRO for development | |
| Great Cambridge Road, Waltham Cross, EN8 | 3Q/2021 | 91.00 | £130,000,000 | £1,428,571 | To be developed as film and TV studios; just to north of M25; proposals show low net to gross building ratio | |
| Peak Works, Alfreds Way, Barking, IG11 | 2Q/2021 | 1.55 | £6,600,000 | £4,258,065 | Land & building purchased by Lok N Store for new self storage development | |
| Dyson Road, Edmonton | 1Q/2021 | 2.31 | £10,250,000 | £4,437,229 | Former waste site, allocation now removed; to be redeveloped for B2/B8 uses; short term income of £375kpa for 2 years |
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