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.

<strong>Westminster</strong> – <strong>Housing</strong> <strong>Needs</strong> <strong>Assessment</strong> <strong>2006</strong>(i) Percentage targetThe Guide to <strong>Housing</strong> <strong>Needs</strong> <strong>Assessment</strong>s has its own proposals on how targets should becalculated (contained within Table 8.1 of the Guide). It is therefore worth pursuing the suggestedODPM method to show the expected result. The table below shows an estimate of the likelysuggested percentage target from following the ODPM method.Table 10.4 Calculation of affordable housing target: following ODPMmethodologyElementDwellings (per annum)Affordable housing requirement 5,621Minus affordable supply from non S106 sites (estd)* -0EQUALS 5,621Projected building rate † 680Minus sites below threshold (assumed) -0Minus affordable supply from non S106 sites (estd)* -0EQUALS 680Therefore Target is 5,621/680EQUALS 827%* Information obtained from the <strong>Council</strong>’s 2004/5 HSSA return (average number of dwellings built without section 106between 2004/05 and <strong>2006</strong>/07)† Annual build rate required 1997-2016 as documented in the London PlanSource: <strong>City</strong> of <strong>Westminster</strong> <strong>Housing</strong> <strong>Needs</strong> Survey <strong>2006</strong>10.6 Intermediate housingHaving considered the level of housing need in the <strong>City</strong> it is interesting to study what types ofaffordable housing might be most appropriate to meet this need. In principle there are two broadcategories of housing which can be considered (intermediate housing and social rented).Intermediate housing can be defined as housing (irrespective of tenure) priced between social rentsand the market. Existing intermediate housing options suggest that this form of accommodation isusually only marginally cheaper than market housing. However for the purpose of this section of thereport intermediate housing is defined as that costing above social rents but below the cost ofmarket housing.The table below shows our estimates of the minimum cost of market housing in the <strong>City</strong>, andestimated new social rent levels. The estimated cost of intermediate housing is also presented. Theoutgoings for private rented housing have been used for all sizes for the minimum price of markethousing as these are cheaper than those for owner-occupation (in terms of outgoings).PAGE 96

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

Saved successfully!

Ooh no, something went wrong!