WATERLOO ROAD ESTATEOver 100 council and housing association estates across London are under threat of demolition. Our research shows where they are.
Waterloo Road estate
Number of homes under threat: 285
Landlord: Havering Council
Independent Resident Advisor: TPAS
Ballot Status: Exempt
Planning Status: Approved
343 homes are under threat of demolition on Havering’s Waterloo road and Queen’s street estate in Romford.
The estate is situated between Romford Town Centre and lies just a third of a mile away from the site of the new Crossrail station.
It has been earmarked for redevelopment as part of Havering’s £1bn joint venture with developer Wates Residential which will see 12 of the borough’s estates redeveloped.
In June 2021, Havering’s planning committee narrowly approved plans for the estate’s redevelopment allowing the demolition of the estate’s 343 existing homes and replacement with 1,400 new homes. Despite quadrupling the density of the site only 212 of the new homes will be social rented tenure.
The committee report for the application claims that this is a net increase of 41 social rented homes because only 171 homes on the estate were council rent, but it fails to take into account the 31 sheltered housing units 12 council-owned residential units in a hostel on the estate.
The application also secures 197 homes at affordable rent and 147 shared ownership, while the remaining 844 homes will all be private market tenure.
The Financial Viability Assessment submitted for the scheme shows that the Mayor is providing £18.5m grant funding to the Council and its development partner for the redevelopment of the estate. It also states that Havering Council has spent over £15m decanting the estate (para 7.15).
Havering’s re-housing offer for leaseholders displaced by their schemes is by far one of the poorest in comparison with other London boroughs.
It makes no provision for the gap between the value leaesholders receive for their current homes and the cost of the replacement new-builds. It simply gives them ‘first refusal’ on the purchase of a new home - if they can afford it!
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