13.07.2015 Views

Housing Needs Assessment 2006 - Westminster City Council

Housing Needs Assessment 2006 - Westminster City Council

Housing Needs Assessment 2006 - Westminster City Council

SHOW MORE
SHOW LESS
  • No tags were found...

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

Appendix A6 Comparisons between <strong>Westminster</strong>, Haringey and BarnetThe data indicates that Barnet has a significantly higher proportion of owner-occupied dwellings, at70.8% compared to 49.1% in Haringey and 43.7% in <strong>Westminster</strong>. Haringey contains a lowerproportion of owner-occupiers with no mortgage. <strong>Westminster</strong> has the highest proportion of privaterented accommodation at 34.3%, compared to 15.9% in Barnet.The dwelling size profile shows that three bedroom properties are the most common in Barnet, twobedroom homes are most popular in Haringey and one bedroom accommodation is most prevalentin <strong>Westminster</strong>.Table A6.3 Comparison of dwelling stock<strong>Westminster</strong> Haringey BarnetAccommodation typeDetached house/bungalow 0.7% 2.4% 11.7%Semi-detached house/bungalow 2.5% 7.8% 31.5%Terraced house/bungalow 8.2% 34.4% 18.4%Purpose-built flat/maisonette 60.5% 25.7% 28.6%Other flat/maisonette 28.1% 29.7% 9.8%TenureOwner-occupied (no mortgage) 19.3% 17.6% 32.0%Owner-occupied (with mortgage) 24.4% 31.5% 38.8%<strong>Council</strong> 10.9% 18.0% 8.6%RSL 11.1% 11.1% 4.7%Private rented 34.3% 21.8% 15.9%Dwelling size1 bedroom 31.1% 28.5% 14.3%2 bedroom 29.3% 31.2% 27.2%3 bedroom 30.4% 26.2% 36.4%4+ bedroom 9.1% 14.0% 22.1%Source: <strong>Westminster</strong>, Haringey & Barnet <strong>Housing</strong> <strong>Needs</strong> Survey <strong>2006</strong>A6.5 House pricesHouse price information is crucial to understanding the dynamics of the local housing market.Firstly we will present data on the latest house prices by house type as obtained from Land Registry.Average house price changes between the 4 th quarter of 2000 and the 4th quarter of 2005 arepresented in the figure below. It shows that average property prices are much higher in <strong>Westminster</strong>than the other two boroughs. <strong>Westminster</strong> had a large increase in property prices between the 4 thquarter 2004 and the 4 th quarter 2005, however prices rose at a much lower rate in Barnet andparticularly in Haringey.PAGE 199

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!