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Housing Trends in Scotland: Quarter Ending 31 March 2003

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Housing Trends in Scotland: Quarter Ending 31 March 2003

Financial Key indicators: 1992/93 to 2002/03

Table 4

1992-93

1993-94

1994-95

1995-96

1996-97

1997-98

1998-99

1999-00

2000-01

2001-02

2002-03

Housing finance 1

Total expenditure (m)

1,058.2

1,069.8

1,104.0

1,035.6

740.9

671.9

772.2

732.9

766.4

837.0

913

Capital expenditure (m) out-turn

956.3

991.1

1,031.6

968.4

667.4

581.9

675.5

647.0

687.1

716.1

895

Current expenditure (m) out-turn

101.9

78.7

72.4

67.2

73.5

90.0

96.7

85.9

79.3

120.9

18

Housing Tender Price Index (1985=100) 2,3,4

129

130

140

147

145

139

151

163

170

175

186

Average dwelling price: building society 2,5

All purchasers ()

49,224

49,553

50,651

52,715

..

..

..

..

..

..

..

Excluding ex-local authority tenants ()

56,819

58,088

59,666

58,549

..

..

..

..

..

..

..

Average dwelling price: all lenders 2,5

All purchasers ()

..

49,568

50,651

53,143

56,674

57,883

63,585

69,312

69,961

73,570

77,655

Excluding ex-local authority tenants ()

..

56,907

58,587

59,086

61,608

64,600

67,800

71,801

72,903

74,517

77,985

Local authority rents 6

Average weekly rent ()

24.64

26.37

27.71

28.67

31.11

33.40

35.36

36.43

38.05

39.30

40.94

Number of dwellings

698,030

670,050

648,337

633,129

630,596

612,976

593,313

573,295

552,291

532,966

512,552

1. Source: CPR and HCM returns from local authorities to the Scottish Executive Development Department: Local Government Finance Statistics.
These figures have been revised from previously published figures to show all public expenditure. Figures in this bulletin include councils gross capital spend (such as borrowing consents, receipts and current revenue) on both their own stock (HRA) and private sector housing (Non-HRA); and exclude 107m in 1995-96 and 83m in 1996-97 which was additional borrowing consent to enable councils to purchase New Towns stock.
2. Figures relate to calendar years, for example 1991 data in the 1991-92 column.
3. Source: The Scottish Executive Building Division.
1985=100. See Notes and Definitions.
4. 2002 figure is provisional.
5. Source: 5 per cent Survey of Mortgage Lenders, Office of the Deputy Prime Minister.
6. Source: HRA return from local authorities to the Scottish Executive Development Department: Housing 1.
Average weekly rent is estimated by dividing the estimated housing revenue from 1 April - 31 March by the total housing stock at the mid-point of the financial year (30 September). 2002-03 figures are estimates, other years are near actual.

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Page updated: Thursday, May 18, 2006