Gateshead and Newcastle Strategic Housing Market Assessment

Gateshead & Newcastle Strategic Housing Market Assessment ‐ 2010
Market Stock Balance
1.17.8 Although the study areas have broad similarities, there are variations between sub‐areas
within each local authority area in terms of the types of property required to meet current
and future demand for market housing.
1.17.9 However, treating housing stock balance as a Borough or City‐wide market issue would
contradict the fundamental requirement to carry out sustainable development and create
sustainable communities.
1.17.10 Survey data showed that the most important factors which determine where households
forming and existing households moving want to live are to be near their family, near work,
where they have always lived and quality of the neighbourhood. These are the key elements
of sustainable development and communities.
1.17.11 It is important therefore that future delivery addresses local demand, fills gaps in current
stock types and assists in the creation of more sustainable communities. Providing for the
growing older population is a key element for new delivery strategy, closely interlinked to
the high level of under‐occupation.
1.17.12 In providing a guideline for future market housing development in Newcastle and
Gateshead, consideration should be given to the scale of current family sized housing stock,
demographic change, reducing household size and the levels and nature of in‐migration to
support Growth Point and regeneration strategies.
Table 1‐1
Future Market Sector Delivery by Size
Bedroom Size (%)
Area 1‐Bed 2‐Bed 3‐ Bed 4‐ Bed +
Newcastle /
Gateshead
40 30 30
1.17.13 It is recommended that to create a more balanced and higher quality housing stock in the
area, future development proportions could be for delivery of 40% one or two bedrooms,
but mainly two, and 60% equally apportioned between three and four bedrooms.
1.18 Affordable Housing Need and Supply
1.18.1 The CLG Needs Assessment Model is used to calculate the annual shortfall of social housing
units.
Table 1‐2
Newcastle /
Gateshead
Annual Affordable Housing Shortfall
Affordable Need
Re‐let / Re‐sale
Supply
Affordable
Shortfall
3,978 3,805 173
1.18.2 Before any new unit delivery, there is a need for affordable housing of 173 units in excess of
supply levels from stock turnover totalling 3,805 units each year across the Newcastle and
Gateshead area.
Affordable Housing and Tenure Mix Targets
1.18.3 Based on the robust evidence found in this assessment, the Local Development Framework
could consider an affordable housing target of 15% across the area, subject to viability.
1.18.4 The final target level will be assessed through a separate viability assessment study.
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