100 Woodgate Drive

100 Woodgate Drive in Streatham Vale is currently ranked as the most expensive property in the SW16 5YP area, boasting a valuation of £16,288,000. Since its last sale in August 2020 for £16,200,000, the property's value has appreciated by £88,000, reflecting its significant market appeal and investment potential.

In a significant move, the Lambeth Planning Applications Committee has given the green light to plans for the transformation of the Homebase site in Streatham Vale, London SW16.

The collaboration between Hadley Property Group and Latimer, the development arm of Clarion Housing Group, will see the current Homebase retail store and car park at 100 Woodgate Drive reimagined into a new residential-led, mixed-use development. This initiative aims to introduce 237 new homes, with 35% designated as affordable housing.

Andy Portlock, CEO of Hadley Property Group, expressed his satisfaction with the council's decision, highlighting the shared commitment to delivering high-quality mixed-use developments on brownfield sites in London. He emphasized the crucial role of collaboration between the private sector, Housing Associations, and Local Authorities in addressing the city's housing shortage.

Richard Cook, Development Director at Clarion Group, echoed these sentiments, welcoming the approval for the Streatham Vale development. He emphasized the project's significance in meeting Lambeth's housing needs and enhancing local healthcare infrastructure through the addition of a new facility for Streatham Vale GP surgery. Cook reaffirmed Latimer's dedication to providing affordable and sustainable homes, expressing eagerness to progress with construction following the committee's decision.