As part of the Level Crossing Removal Project, a number of commercial and residential properties were compulsorily acquired in Cheltenham to support the removal of two level crossings and make way additional rail infrastructure for a new Cheltenham station.
Urbis was engaged during the infancy stage of this project to assist with the business case modelling in the ‘rail under road’ and ‘rail over road’ option appraisals.
Our team of valuation and compensation experts provided valuation advice to the Level Crossing Removal Authority to assist in the assessment of compensation payable to dispossessed owners.
“Independent valuation advice that is accurate and precise sets the foundation for fair compensation in compulsory acquisition matters.