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Friday, January 27, 2017

Audit Office report on England's Housing

The National Audit Office have published a report on the state of England's housing stock.

The report - Housing in England: overview gives an overview of the housing market in England and the Department for Communities and Local Government (DCLG) housing strategy,  assessing whether the Government will achieve its aim to create one million new home by 2020. 

Some big numbers -
  • 23.5m - Total number of homes in England in 2015 
  • £28bn - Estimated total public sector spending on housing in 2015-16
  • 1m - The number of new homes that the government aims to deliver in 2015–2020
  • £5.6 trillion  - Estimated total value of the housing stock in England in 2015 
  • £1 trillion - Estimated increase in the value of the housing stock in England since 2010 
  • 62% of homes in England that are owner-occupied 
  • 20% of homes in England that are privately rented 
  • 17% of homes in England that are socially rented 
  • 20% of homes in England that were ‘non-decent’ in 2014, down from 35% in 2006 
  • 71,500 number of homeless households in England in temporary accommodation at 31 March 2016 
  • £20.9 billion spending in England on housing benefit in 2015-16

Amyas Morse, head of the National Audit Office said:
“The need for housing in England has in recent years grown faster than its supply, and housebuilding needs to increase across the country.The government has responded to this by putting in place a range of policies to increase housing supply and home ownership. Central to this is an ambition to increase the supply of housing by one million homes by 2020, largely through support to private housebuilders. Delivery of this target will not require a substantial increase in current levels of housebuilding.”

Read the National Audit Office full report - Housing in England: overview

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