Hyde New Homes Annual Review 2011-12 - Hyde Housing ...

HYDE SOUTH EAST (LONDON)
Halligan’s Court
Halligan’s Court, Cowper Lane,
Bromley BR2 9RX
LOCAL AUTHORITY
London Borough of Bromley
HANDOVER DATE
21 June 2011
NEW BUILD HOMEBUY
2 Bedroom apartments from £210,000 - £245.000
Rent policy on unsold equity 2.5%
SCHEME STATISTICS
Total Homes 11
Total Homes Sold 2011/12 11
Marketing Date 1 Apr 2011
Date of Final Sale 30 Nov 2011
Average Share Sold 39%
Rent2.5%
Average Sales Period (weeks) 10
ETHNICITY BREAKDOWN
British (White) 100%
PURCHASER PROFILE
Average Income £36,024
Average Age 27
Privately Renting 19%
Living with Family/Friends 81%
Social Tenants -
Home Owner -
Yates Court
19 Stockwell Road,
London SW9 9AU
LOCAL AUTHORITY
London Borough of Lambeth
HANDOVER DATE
January 2011 - September 2011
NEW BUILD HOMEBUY
9 x 1 Bedroom apartments £167,500 – £190,000
9 x 2 Bedroom apartments £222,500 – £240,000
Rent policy on unsold equity 2.5%
SCHEME STATISTICS
Total Homes 18
Total Homes Sold 2011/12 3
Marketing Date 26 Feb 2010
Date of Final Sale 16 Sep 2011
Average Share Sold 48%
(for both financial years)
Rent2.5%
Average Sales Period (weeks) 4
ETHNICITY BREAKDOWN
British (White) 75%
Other (White) -
Other (Asian or Asian British) -
African (Black or Black British) -
Chinese-
Mixed Other -
Other (White) -
Other (Asian or Asian British) -
African (Black or Black British) 25%
Chinese-
Mixed Other -
PURCHASER PROFILE
Average Income £26,383
Average Age 30
Privately Renting 75%
Living with Family/Friends 25%
Social Tenants -
Home Owner -
Hyde New Homes Annual Review 2011/12 15