The future of housing in Kensington and Chelsea

The future of housing in Kensington and Chelsea 10 June 2013, London Lighthouse

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 2000 s. 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. Source: ONS – Labour Market Statistics, May 2013

The housing need in Kensington and Chelsea 18, 000 social homes in K&C (nearly ¼) 1, 300 households in temporary accommodation 8, 000+ households on Common Housing Register 490 average number of lettings per year

Where is social housing located in Kensington and Chelsea?

Overcrowding - households with 1 or 2+ few bedrooms in Kensington and Chelsea 1 bedroom less than required 8% Least overcrowded LSOA 3% Most Overcrowded LSOA 2+ bedroom less than required 1% Most overcrowded LSOA 5% 20% LSOA - Lower Super Output Area Source: Census 2011

Second homes in Kensington and Chelsea 9, 303 The number of people who have second homes in Kensington and Chelsea The usual resident population 158, 649 ranked 3 rd in London for the number of people with second homes. (1 st Westminster, 2 nd Wandsworth) ranked 25 th nationally Source: Census 2011

Households moved to temporary accommodation in other parts of London in 2012 The majority of households were moved to North East London But Brent was the single local authority that took the most (127) 127 0 Source: Shelter

Households moved into temporary accommodation outside the borough in 2012 Lewisham Camden Harrow Manchester Stevenage Thanet Epping Forest Hounslow Southwark Greenwich Islington Lambeth Hammersmith & Fulham Barnet Haringey Ealing Hillingdon Havering Tower Hamlets Croydon Wandsworth Newham Waltham Forest Redbridge Enfield Hackney Westminster Barking & Dagenham Brent 1 2 2 2 884 households 4 4 4 6 6 7 8 The total number placed in temporary accommodation outside of Kensington and Chelsea in 2012 10 14 22 25 31 36 39 45 50 59 67 72 76 77 84 127 Source: Shelter

6 households were moved into temporary accommodation to outside of London in 2012 2 were moved to MANCHESTER 2 were moved to STEVENAGE 2 were moved to THANET in KENT Manchester Stevenage Thanet

House building targets in Kensington and Chelsea GLA London Plan 5, 850 In ten year between 2011 -2021 (585 units per year) The London Plan was adopted by the GLA in July 2011 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

19 -92 92 19 -93 93 19 -94 94 19 -95 95 19 -96 96 19 -97 97 19 -98 98 19 -99 99 20 -00 00 20 -01 01 20 -02 02 20 -03 03 20 -04 04 20 -05 05 20 -06 06 20 -07 07 20 -08 0 20 8 -0 09 9 20 -10 R 10 20 -11 R 11 -1 2 P 91 19 House building in Kensington and Chelsea Total additional social rent dwellings 600 GLA 500 annual target 400 300 RBKC 585 annual target 350 200 100 -

House building in Kensington and Chelsea Total additional units of intermediate affordable housing (e. g. shared ownership) GLA 200 180 160 140 120 100 80 60 40 20 - annual target 19 91 19 -92 92 19 -93 93 19 -94 94 19 -95 95 19 -96 96 19 -97 97 19 -98 98 19 -99 99 20 -00 00 20 -01 01 20 -02 02 20 -03 03 20 -04 04 20 -05 05 20 -06 06 20 -07 07 20 -08 0 20 8 -0 09 9 20 -10 10 R 20 -11 R 11 -1 2 P RBKC 585 annual target 350

19 -92 92 19 -93 93 19 -94 94 19 -95 95 19 -96 96 19 -97 97 19 -98 98 19 -99 99 20 -00 00 20 -01 01 20 -02 02 20 -03 03 20 -04 04 20 -05 05 20 -06 06 20 -07 07 20 -08 0 20 8 -09 09 20 -10 R 10 20 11 R 11 -1 2 P 91 19 House building in Kensington and Chelsea Total additional affordable dwellings 800 700 GLA annual target 600 500 400 RBKC 585 annual target 350 300 200 100 -

The cost of housing in Kensington and Chelsea Property values in Kensington and Chelsea are the highest in the UK £ 1, 124, 452 The 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