SALFORD CITY COUNCIL & THE INDEPENDENT DISTRICT VALUER
The joint winners of this MARY were completely shown up in August this year, when a Lands Tribunal ruled that the District Valuer had undervalued Jimmy Griffiths' house in Higher Broughton by a whopping 42%.
Jimmy, Salfordians may recall, was forcibly evicted from his house in 2005, to make way for Salford Council's clearance of the area. The Council's last offer for his home was a mere £21,000, and the District Valuer was brought in to give an independent valuation.
He decided that £36,500 was an accurate value, again rejected by Jimmy, who took the case to the Lands Tribunal. So called affordable homes built to replace the demolished streets in the area were priced between £115,000 and £138,000.
The Tribunal judge stated that house prices on which the original compensation figure was based were "selective to a considerable degree" and that other valuations for CPOs in the area were based on an "arbitrary reduction".
He ruled that £52,000 was a fair price, a 42% increase on the District Valuer's figure, and a huge 247% increase on the Council's original offer.
It's still half the price of a new house in the area, and Jimmy isn't happy, but this landmark case does show how the Council and District Valuer are undervaluing properties in Salford.
Residents in the area who accepted the Council's original offer of £21,000 – or half the true value of their homes - ain't happy either.
Meanwhile, Round 2 will happen in 2010 as Jimmy's brother, Guy Griffiths, takes the Council and District Valuer back to the Lands Tribunal over the value put on his house.
Ladies and Gentlemen. Please put your bricks together for the joint winners of the `I'LL GIVE YOU THREE BROKEN MARBLES AND A DEAD WHITE MOUSE FOR YOUR HOUSE' AWARD…
S-a-a-a-lf-o-o-o-rd Ci-i-i-ty C-o-o-o-u-u-n-c-i-i-i-l
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