Will Bexley council compensate local residents for fall in their property values?

With Government and Mayor of London research demonstrating a 5-7% premium for properties adjacent to parks, local residents will be facing a fall in their property values when Bexley’s Conservatives build on our parks.

What will Bexley Council do about this? Ignore residents again?

Two report given below proving the increased property values for houses near to parks. When the park goes, so will the premium on the property value.

If I lived next to a park that is being sold off I would be pursuing a reduction in my Council Tax (the band is based on a property value that would no longer apply) and be asking for compensation from the Council.

Download the PDF file .

 

Download the PDF file .

 

 

 

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