Housing Needs Assessment 2006 - Westminster City Council

EXECUTIVE SUMMARYIncome and tenureOwner-occupied (nomortgage)£41,584Owner-occupied (withmortgage)£72,974Council£13,656RSL£23,528Private rented£45,578£0 £10,000 £20,000 £30,000 £40,000 £50,000 £60,000 £70,000 £80,000Annual gross household income (including non-housing benefits)Source: City of Westminster Housing Needs Survey 2006The Guide modelAs part of the study, an estimate of the need for affordable housing was made based on the ‘BasicNeeds Assessment Model’ (BNAM). The BNAM is the main method for calculating affordablehousing requirements suggested in Government guidance ‘Local Housing Needs Assessment: AGuide to Good Practice’ (ODPM 2000).The BNAM sets out 18 stages of analysis to produce an estimate of the annual requirement foradditional affordable housing. The model can be summarised as three main analytical stages with afourth stage producing the final requirement figure. The stages are:• Backlog of existing need• Newly arising need• Supply of affordable units• Overall affordable housing requirementPAGE 5