Issue 6 - JANUARY 2012
Meden Valley Making Places Closes After Eight Years Of Success An award-winning regeneration company that has rejuvenated empty homes and transformed former mining communities across Meden Valley is finishing on a high after reversing ‘two decades of decline’. Meden Valley Making Places (MVMP) was established in March 2003 to tackle housing problems, such as a lack of demand and a glut of derelict properties, across Mansfield and Bolsover. The not-for-profit company was launched as a six-year project and was originally due to close in 2009. However, MVMP’s regeneration schemes proved such a success that its remit was extended until this year and it officially closed, on schedule, on Friday 23 December. A final evaluation report, carried out independently by AMION Consulting, has revealed the remarkable extent of MVMP’s impact over eight-and-half years. The document praised the company - which has already delivered over half the final target of 1,302 quality homes - for providing much-needed housing, boosting house prices and helping its target communities onto ‘an upward trend’. Consultant Margaret Jackson, who wrote the report, said: “MVMP has arrested the trends of decline within the settlements, which had been on-going for the previous two decades. “Although it is still early to judge the full impact, nevertheless it is apparent that the key indicators of housing market failure in the area are on an upward trend. “One of the most significant indicators of a healthy housing market is the price of houses in an area and there is evidence that house prices have improved substantially.” MVMP concentrated on eight communities across the Bolsover District Council and Mansfield District Council regions– Creswell Model Village, New Houghton, New Terrace, in Pleasley, Shirebrook and Whaley Thorns in Bolsover, and Warsop Vale, Mansfield Woodhouse and Royal Estate, in Warsop, in Mansfield. Continued on page 4
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Happy New Year to all our readers!
Unique Development and Restoration Opportunity Bruton Knowles are inviting expressions of interest for a city centre development opportunity at Castle gate, Nottingham. The property comprises numbers 43-59 Castle Gate and Severns House, Castle Road, Nottingham NG1 6AF. There are eight interconnected houses (43-57) and one ancillary part (59), with Severns House attached to the western end of the terrace. The agents are seeking expressions of interest in the properties on an individual or collective basis, prior to a formal offer process. Offers will be required in writing by Friday 9th March 2012. For more information, contact Sam Spencer at Bruton Knowles on 0115 988 1160.