Making the invisible visible

the real value of park assets

Explaining why traditional accounting methods are unhelpful when valuing assets – such as parks – that can appreciate over time.

Most councils assume that each park they own is worth just £1. Why do they do this? What are the implications for maintenance and investment?

Making the invisible visible explains why traditional accounting methods are unhelpful when valuing assets – such as parks – that can appreciate over time. It suggests a new way of valuing our parks which takes better account of the financial value they bring to society.

Making the invisible visible is for parks and green space managers, finance professionals, asset managers – and anyone who wants to know more about valuing the physical assets within parks.

Related links

• The real value of park assets
  Explaining the key findings of the research in more detail
• Highbury Fields and Sefton Park revalued
  Using the new framework for valuation on existing parks.

 

Published on 10 February 2009

Tagged with:
Parks and green spaces | Public space | Value of design