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Milton Keynes

Libra House, Sunrise Parkway
Milton Keynes, Buckinghamshire
MK14 6PH

+44 845 359 2835

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Boston

60 State Street
Suite 700, Boston
MA 02109

+1 646 453 7675

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San Diego

2869 Historic Decatur Road
San Diego
CA 92106

+1 646 453 7675

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What is the difference between Springboard results and LDC results?

Firstly the boundary of the town centre – LDC defines the boundary in which they carry out the vacancy rate survey, which is often wider than that used by the Local Authority. It means that often secondary and tertiary units are included, which tend to have a higher vacancy rate than the core town centre. Springboard relies on the boundary as defined by the local authority (LA) and the LA carry out the survey within this area – we regard this as more accurate as the LA has the best idea as to what is a realistic town centre boundary. LDC’s boundaries mean that larger towns very often have higher vacancy rates than smaller towns as they have more secondary/tertiary properties.

Secondly the accuracy – it has been highlighted by a number of town centre managers that LDC’s data is not always accurate. In some towns they have classed units that are closed (half day closing) are vacant and some units that have two doors are noted down as two vacant units.