Number of affordable housing completions (seasonally adjusted)
How the figure is calculated:
Total reported numbers of completions under the relevant programmes within the reporting period. Because delivery is seasonal and reflects funding profiles, with more starts and completions being reported in the second six months than are reported in the first six months, the current figures are compared back to the equivalent period of the year before rather than the preceding six months.
Why is this indicator in the business plan?
These are the most timely indicators on affordable housing delivery. Increasing the supply of affordable housing is a key part of DCLG policy.
How often is it updated?
Bi-annually, approximately June and November.
Where does the data come from?
Homes and Communities Agency (HCA) - Investment Management System and other programme information. Published figures are at http://www.homesandcommunities.co.uk/housing-statistics.
Greater London Authority (GLA) - Investment Management System and other programme information. Published figures are at http://www.london.gov.uk/priorities/housing-land/increasing-housing-supply/gla-affordable-housing-statistics.
What area does the headline figure cover?
England
Are further breakdowns of the data available?
Yes, can be split by type (social rent, affordable rent, intermediate rent, Low Cost Home Ownership) and by local authority area.
What does a change in this indicator show?
An increase in this indicator is good and shows more new affordable houses are being completed through the HCA and GLA.
Time Lag
Published within two months of the end of the reporting period.
Next available update
June 2015.
Type of Data
Official Statistics.
Robustness and data limitations
- Does not include all affordable housing starts and completions because some will be delivered outside the HCA and GLA roles.
- Delivery is seasonal and reflects funding profiles. Delivery tends to be lower in the first six months than the last six months of the year and therefore comparisons with the previous six-monthly period are not usually appropriate.
- A small number of the affordable housing starts reported by the HCA over this period are actually located in London (the Get Britain Building programme in London is administered by the HCA on behalf of the GLA).
Links to Further Information
http://www.homesandcommunities.co.uk/housing-statistics
http://www.london.gov.uk/priorities/housing-land/increasing-housing-supply/gla-affordable-housing-statistics
Contact Details
CorporatePerformance@communities.gsi.gov.uk