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Statistical Bulletin: Housing Series: HSG/2005/4: Housing trends in Scotland: quarter ending 31 March 2005

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Financial key indicators: 1995-96 to 2004-05 (Table 4)

1995-96

1996-97

1997-98

1998-99

1999-00

2000-01

2001-02

2002-03

2003-04

2004-05

Housing finance 1

Total expenditure (£m)

1,035.6

742.8

677.1

725.0

732.9

771.4

814.4

905.0

1,374.1

1,454.2

Capital expenditure (£m) out-turn 2

968.4

666.4

583.6

624.6

644.1

687.1

719.4

823.2

827.7

894.7

Current expenditure (£m) out-turn

67.2

76.4

93.5

100.4

88.8

84.3

95.0

81.8

546.4

559.5

Local authority rents 3

Average weekly rent (£)

28.67

31.11

33.40

35.36

36.43

38.05

39.30

40.94

42.32

Number of dwellings

633,129

630,596

612,976

593,313

573,295

552,291

532,966

512,552

378,450

1995

1996

1997

1998

1999

2000

2001

2002

2003

2004

Housing Tender Price Index (1985=100) 4

147

145

139

151

163

170

175

188

199

208

Average dwelling price: all lenders 5

All purchasers (£)

53,143

56,674

57,883

63,585

69,312

69,961

73,570

76,877

95,006

118,932

1. Source: Capital Payment and Housing Revenue Account returns from local authorities to the Scottish Executive Finance and Central Services Department: Local Government Finance and Development Department: Housing 1. Figures in this bulletin include councils' gross capital spend (including spending from borrowing consents, receipts and current revenue) on both their own stock (Housing Revenue Account) and private sector housing (non- HRA).
2. Excludes £107m in 1995-96 and £83m in 1996-97 which was additional borrowing consent to enable councils to purchase New Towns stock. Excludes additional grant of £46m in 1997-98 and £67m in 1998-99 to enable the redemption of Scottish Homes debt. Covers both capital and current expenditure by Community Scotland/Scottish Homes for 2001-02 and 2002-03, while most recent years include elements of Communities Scotland Development Programme now classed as capital expenditure (such as grant to local authorities).
3. Source: Housing Revenue Account return from local authorities to the Scottish Executive Development Department: Housing 1. Average weekly rent is calculated by dividing the estimated housing revenue from 1 April to 31 March by the estimated housing stock at the mid point of the financial year (30 September). Figures are near actual.
4. Source: Scottish Executive Building Division (see notes and definitions). The figures for 2002 onwards are based on smaller samples than previous years and should be treated with caution.
5. Source: Survey of Mortgage Lenders, Council of Mortgage Lenders and the Office of the Deputy Prime Minister. Figures shown are simple average dwelling price and are not adjusted for the mix of dwellings sold.

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Page updated: Tuesday, August 30, 2005