Social Value
What is it?
Social value is being created every day by lots of different people getting involved in their communities. People are volunteering and coming together at local hubs, preschools, green spaces projects and others, and helping to improve social and environmental wellbeing and solve problems that are important where they live, work and play.
What impact and value are being created?
How do we measure this?
We measure impact, value and return on investment by applying wellbeing frameworks from both the:
NEF (New Economics Foundation)
HACT (Housing Association Charitable Trust)
Where are these projects and activities?
Fulmer Close allotment (Hampton) and Island Farm Road (Molesey) have truly become community-led projects with local residents participating in the process of designing, building and using the spaces. The allotment group reported improvements in local awareness, skills and knowledge as well as meeting people and feeling a sense of achievement. For every pound spent there’s a return of £7.37.
It's so exciting that the land is going to be used for something for the community and I would so love to be involved in helping it come to fruition
Molesey resident about Island Farm Road
it was good to meet people living on the estate and share things
Hampton resident about Fulmer Close allotment
Terrace Road Community allotment (Walton) and Langdon Park Orchard project (Teddington) have needed a lot of community outreach to raise awareness and engage our residents but we’re pleased to see this is growing. The allotment group reported improvements in fitness and health, regular volunteering and training for a job, and opportunities to meet people. For every pound spent there’s a return of £9.85.
Thank you, we really enjoyed it! [my daughter] loved every second, she has told everyone about it!
Cobham resident about Terrace Road Community allotment
I make use of the Orchard to pick apples pears plums all the time and make pies etc. I'll be interested to see what else there is.
Teddington resident about Langdon Park Orchard
As part of the allotment projects, Thames View pre-school have been involved with educational activities and a few of our talented residents have been commissioned to run workshops with their peers - making a mosaic sign, teaching how to cook from scratch, and growing fruit and veg. The mosaic group reported improvements in learning, social interaction and feeling a sense of achievement. For every pound spent there’s a return of £9.35.
The preschool group reported on their high social impact on the local community within the first year of opening. There have been improvements in the childrens’ learning and development, opportunities for parents to talk to people and access information and support, and for the school to partner with local projects. For every pound spent there’s a return of £3.20.