City of London (Compulsory Purchase Order)

HC Deb 29 January 1957 vol 563 c157W

91. Mr. Gibson

asked the Minister of Housing and Local Government the estimated cost per acre of the acquisition of 24 acres of land in the City of London covered by the compulsory purchase order on the land between Aldersgate Street and Moorgate, south of Javin Street and Fore Street.

Mr. Brooke

I understand from the City Corporation that the average cost of this land, only part of which was acquired by compulsory purchase. was about £180,000 an acre.