BISHOPTON ROAD AND CASTLE WAY, GROVE HILL
See overleaf for site information.
ESTIMATED LAND VALUES
Site
Bishopton Road
Castle Way
Estimated land value
£730,000
£590,000
PROPOSAL
The development is proposed for an extra care scheme and older persons accommodation.
The number of units, including the number of affordable units are set out below.
Site
Bishopton Road
Castle Way
Total units
40
20
Affordable units
40
20
COST BENEFITS
The potential amount of National Affordable Homes Programme (NAHP) funding is estimated at
£25,000 per unit. The Registered Social Landlord (RSL) will fund the remaining amount, of
approximately £75,000 per unit, from their own funds.
Site
Bishopton
Road
Castle Way
NAHP
funding
RSL
funding
New
Homes
Bonus*
Jobs
created
Social
Care
savings
***
£360,000
New
Homes
Bonus
Premium
**
£84,000
£1,000,000
£3,000,000
40
£228,800
£500,000
£1,500,000
£180,000
£42,000
20
n/a
*
Gross total for 6 years
** Total for 6 years
*** Based on half the units (20) at £220 per unit per week
OTHER BENEFITS
Progressing with the proposals for these sites, will bring other non-quantifiable benefits for
Middlesbrough, which are:












The developments will deliver a key objective in the Housing Strategy and the Older
Person’s Housing Strategy.
The developments will boost the local economy.
The sites will be brought forward sooner.
Extra care provides savings for the Council, as it is a cheaper option than placing residents
in residential care.
Provide good quality and choice of housing.
Address the housing needs of the ageing population.
Ease pressure on the Council’s Disabled Facilities Grant budget.
Reverse the issue of out-migration, and potentially boost in-migration.
There is the potential for the Council to get a share of future profits from the developer.
They will provide much needed affordable housing, which will ease the pressure on the
housing register.
It will facilitate the regeneration of the area.
Resolve issues of ongoing anti-social behaviour on the site.
MIDDLEHAVEN (ST. HILDA’S)
See overleaf for site information.
ESTIMATED LAND VALUE
Site
St. Hilda’s
Estimated land value
£350,000
PROPOSAL
The development is proposed as a small scale development. The number of units, including the
number of affordable units is set out below.
Site
St. Hilda’s
Total units
30
Affordable units
10
COST BENEFITS
The potential amount of National Affordable Homes Programme (NAHP) funding is estimated at
£25,000 per unit. The Registered Social Landlord (RSL) will fund the remaining amount, of
approximately £75,000 per unit, from their own funds.
Site
NAHP
funding
RSL funding
New Homes
Bonus*
St. Hilda’s
£250,000
£750,000
£270,000
New Homes
Bonus
Premium **
£21,000
Jobs created
30
* Gross total for 6 years
** Total for 6 years
OTHER BENEFITS
Progressing with the proposals for these sites, will bring other non-quantifiable benefits for
Middlesbrough, which are:








The developments will deliver a key objective in the Housing Strategy.
The developments will boost the local economy.
The site will be brought forward sooner.
Provide good quality and choice of housing.
Reverse the issue of out-migration, and potentially boost in-migration.
There is the potential for the Council to get a share of future profits from the developer.
They will provide much needed affordable housing, which will ease the pressure on the
housing register, and assist the Council with its statutory homelessness duty.
It will facilitate the regeneration of the area.
GRESHAM AND ST. PAUL’S CENTRE
See overleaf for site information.
ESTIMATED LAND VALUES
Site
Gresham
St. Paul’s Centre
Estimated land value
£300,000
£100,000
PROPOSAL
The development is proposed for housing as part of the wider development of Gresham, and an
extra care scheme for people with dementia at the St. Paul’s site.
Site
Gresham
St. Paul’s Centre
Total units
100
50
Affordable units
15
50
COST BENEFITS
The potential amount of National Affordable Homes Programme (NAHP) funding is estimated at
£25,000 per unit. The Registered Social Landlord (RSL) will fund the remaining amount, of
approximately £75,000 per unit, from their own funds.
Site
Gresham
St. Paul’s
Centre
NAHP
funding
RSL
funding
New
Homes
Bonus*
£375,000
£1,250,000
£1,125,000
£3,750,000
£900,000
£450,000
New
Homes
Bonus
Premium**
£31,500
£105,000
Jobs
created
Social
Care
savings***
100
50
n/a
£286,000
*
Gross total for 6 years
** Total for 6 years
*** Based on half the units (25) at £220 per unit per week
OTHER BENEFITS
Progressing with the proposals for these sites, will bring other non-quantifiable benefits for
Middlesbrough, which are:











The development will deliver key objectives within the Housing Strategy and the Older
Person’s Housing Strategy.
The developments will boost the local economy.
The sites will be brought forward sooner.
Extra care provides savings for the Council, as it is a cheaper option than placing residents
in residential care.
Provide good quality and choice of housing.
Address the housing needs of the ageing population.
Ease pressure on the Council’s Disabled Facilities Grant budget.
Reverse the issue of out-migration, and potentially boost in-migration.
There is the potential for the Council to get a share of future profits from the developer.
They will provide much needed affordable housing, which will ease the pressure on the
housing register, and will assist the Council with its statutory homelessness duty.
It will facilitate the regeneration of the area.