Housing: Sales

Treasury written question – answered on 4th March 2014.

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Photo of Austin Mitchell Austin Mitchell Labour, Great Grimsby

To ask the Chancellor of the Exchequer what capital receipts have accrued to the Exchequer from the sale of UK housing in each year since 1984.

Photo of Nick Hurd Nick Hurd The Parliamentary Secretary, Cabinet Office, The Parliamentary Secretary, Cabinet Office

I have been asked to reply on behalf of the Cabinet Office.

The information requested falls within the responsibility of the UK Statistics Authority. I have asked the authority to reply.

Letter from Caron Walker, dated March 2014

In the absence of the Director General for the Office for National Statistics, I have been asked to reply to your Parliamentary Question asking what capital receipts have accrued to the Exchequer from the sale of UK housing in each year since 1984. (189551)

The table provides the local government receipts from the sales of gross fixed capital related to housing for England, Wales and Scotland. These data are only available from 1997 onwards. Data for housing sales are not available for Northern Ireland.

Local government receipts from sales of housing (gross fixed capital formation) 1997 to 2013—England, Scotland and Wales1
  Local government housing sales receipts (£ billions)
1997 1.3
1998 1.3
1999 1.8
2000 2.1
2001 2.2
2002 3.0
2003 4.0
2004 3.7
2005 2.6
2006 2.2
2007 2.1
2008 1.0
2009 0.5
2010 0.6
2011 0.6
2012 0.9
2013 0.7
1 Sales of housing (gross fixed capital) for Northern Ireland are not available. Source: ONS

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