The future of housing in Kensington and Chelsea
10 June 2013, London Lighthouse
Source: ONS – Labour Market Statistics, May 2013
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.
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.
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
Where is social housing located 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%Most
overcrowded LSOA
5%
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
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
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
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
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
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
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
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
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