the future of housing in kensington and chelsea

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The future of housing in Kensington and Chelsea 10 June 2013, London Lighthouse

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The future of housing in Kensington and Chelsea. 10 June 2013, London Lighthouse. The general decline in income across the UK. The unemployment rate has remained fairly steady since 2009 but is still higher than more than two per cent higher than the average for the first half of the 2000s. - PowerPoint PPT Presentation

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Page 1: The future of housing in Kensington and  Chelsea

The future of housing in Kensington and Chelsea

10 June 2013, London Lighthouse

Page 2: The future of housing in Kensington and  Chelsea

Source: ONS – Labour Market Statistics, May 2013

The general decline in income across the UKThe unemployment rate has remained fairly steady since 2009 but is still higher than

more than two per cent higher than the average for the first

half of the 2000s.

In real terms (taking inflation into account) average earning have been falling since the end of 2009.

The median wage (£11.21 per hour) is worth roughly the same as it was in 2003.

Page 3: The future of housing in Kensington and  Chelsea

The housing need in Kensington and Chelsea

490 average

number of lettings per

year

1,300 households in

temporary accommodation

18,000 social homes

in K&C(nearly ¼)

8,000+ households on

Common Housing Register

Page 4: The future of housing in Kensington and  Chelsea

Where is social housing located in Kensington and Chelsea?

Page 5: The future of housing in Kensington and  Chelsea

Overcrowding - households with 1 or 2+ fewbedrooms in Kensington and Chelsea

LSOA - Lower Super Output Area Source: Census 2011

1 bedroom lessthan required

8%

MostOvercrowded

LSOA

20%

Least overcrowded

LSOA

3%

2+ bedroom less than required

1%

Mostovercrowded

LSOA

5%

Page 6: The future of housing in Kensington and  Chelsea

Second homes in Kensington and Chelsea

Source: Census 2011

9,303

158,649

The number of people who have second homes in

Kensington and Chelsea

The usual resident population

ranked 3rd in London for the number of people with second homes.

(1st Westminster, 2nd Wandsworth)

ranked 25th nationally

Page 7: The future of housing in Kensington and  Chelsea

Households moved to temporary accommodation in other parts of London in 2012

127

0

The majority of households were

moved to North East London

But Brent was the single local authority

that took the most (127)

Source: Shelter

Page 8: The future of housing in Kensington and  Chelsea

Households moved into temporary accommodation outside the borough in 2012

LewishamCamden

HarrowManchesterStevenage

ThanetEpping Forest

HounslowSouthwarkGreenwich

IslingtonLambeth

Hammersmith & FulhamBarnet

HaringeyEaling

HillingdonHavering

Tower HamletsCroydon

WandsworthNewham

Waltham ForestRedbridge

EnfieldHackney

WestminsterBarking & Dagenham

Brent

122222

444

6678

1014

2225

3136

3945

5059

6772

7677

84127

884 householdsThe total number placed in temporary accommodation outside of Kensington and Chelsea in 2012

Source: Shelter

Page 9: The future of housing in Kensington and  Chelsea

6 households were moved into temporary accommodation to outside of Londonin 2012

2 were moved to MANCHESTER

2 were moved to STEVENAGE

2 were moved toTHANET in KENT

Manchester

Stevenage

Thanet

Page 10: The future of housing in Kensington and  Chelsea

GLA London Plan

5,850In ten year between

2011-2021 (585 units per year)

House building targets in Kensington and Chelsea

RBKC Core Strategy

3,500 In ten years between

2007/8 - 2016/7(350 units per year)

The Core Strategy was adopted by RBKC in December 2010

The London Plan was adopted by the GLA in July 2011

Page 11: The future of housing in Kensington and  Chelsea

House building in Kensington and Chelsea

1991-92

1992-93

1993-94

1994-95

1995-96

1996-97

1997-98

1998-99

1999-00

2000-01

2001-02

2002-03

2003-04

2004-05

2005-06

2006-07

2007-08

2008-09

2009-10R

2010-11R

2011-12P -

100

200

300

400

500

600

Total additional social rent dwellings GLA

annual target

585 RBKC annual target

350

Page 12: The future of housing in Kensington and  Chelsea

House building in Kensington and Chelsea

1991-92

1992-93

1993-94

1994-95

1995-96

1996-97

1997-98

1998-99

1999-00

2000-01

2001-02

2002-03

2003-04

2004-05

2005-06

2006-07

2007-08

2008-09

2009-10R

2010-11R

2011-12P -

20 40 60 80

100 120 140 160 180 200

Total additional units of intermediate affordable housing (e.g. shared ownership) GLA

annual target

585 RBKC annual target

350

Page 13: The future of housing in Kensington and  Chelsea

House building in Kensington and Chelsea

1991-92

1992-93

1993-94

1994-95

1995-96

1996-97

1997-98

1998-99

1999-00

2000-01

2001-02

2002-03

2003-04

2004-05

2005-06

2006-07

2007-08

2008-09

2009-10R

2010-11R

2011-12P -

100

200

300

400

500

600

700

800

Total additional affordable dwellings

GLAannual target

585 RBKC annual target

350

Page 14: The future of housing in Kensington and  Chelsea

Property values in Kensington and Chelsea are the highest in the UK

The cost of housing in Kensington and Chelsea

£1,124,452The average house price

(April 2013)

Annual change + 9.8%

In many other parts of the UK house prices are

stagnant or dropping

London average - £375,795, UK average - £161,458 Source: Land registry