Independent Valuation and Financial Appraisal of Anfield Parks Residential Phases 3-5

About

Liverpool City Council awarded a contract to Cushman & Wakefield for an independent financial appraisal and valuation of three completed residential sites totalling 359 units in the Anfield area, as part of the sign-off process for phases three, four, and five of the Anfield The Parks redevelopment.

The contract, valued at £10,000, required reviewing the developer's final appraisals and supporting documents, appraising cost and value data against comparables, conducting due diligence on achieved sales values via Land Registry searches, reviewing the developer's methodologies including development costs and abnormal costs, identifying significant changes to costs and values during the development period, making recommendations on whether the final appraisals represent Best Value and whether the Council should approve them, and identifying any overage due to the Council.