Ebbsfleet Garden City finally developing
In message
-sept
ember.org, at 07:20:24 on Fri, 6 Apr 2018, Recliner
remarked:
Countryside Properties, Clarion Housing Group and Barratt Homes have struck
a deal to buy land for 2,900 homes from landowner Henley Camland, which
confirmed it had taken over the sites from original owner Landsec just last
week.
The cost of the land is understood to be just under £300m to the
housebuilders, with the finished value of the sites nearing £1bn.
So that's about £350k per house; of which £100k is its share of the
land, another ~£100k for the construction of the house, plus £150k for
building the roads and drains, contributions towards schools and other
amenities, subsidies for "affordable" homes, and a small profit for the
developer.
--
Roland Perry
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