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Written question asked by Baroness Burt of Solihull (Liberal Democrat) on Monday, 8 November 2010, in the House of Commons. It was due for an answer on Wednesday, 10 November 2010. It was answered by Stuart Bell (Labour) on Friday, 19 November 2010 on behalf of the House of Commons Commission.


House of Commons: Housing

Question
To ask the hon. Member for Middlesbrough, representing the House of Commons Commission, what recent estimate the House of Commons Commission has made of the (a) capital and (b) rental value of the accommodation owned by the House Service at (i) 2 Parliament Street, (ii) 3 Parliament Street, (iii) 2a Canon Row, (iv) 2b Canon Row, (v) 4 Canon Row, (vi) 102 Rochester Row and (vii) 22 John Islip Street.
Answer

The capital valuation, using International Financial Reporting Standards (IFRS), for properties on the estate prepared by the Valuation Office Agency in October 2010 was:

Property Value (£000)
2 Parliament Street¹ 2,300
3 Parliament Street¹ 2,800
2a Canon Row¹ 780
2b Canon Row¹ 610
4 Canon Row¹ 1,900
102 Rochester Row² 540
22 John Islip Street¹ 600
¹ Freehold
² Leasehold, estimated capital value

The ground rent and service charge on 102 Rochester Row is £6,686—the rental value cannot be separated. The House does not presently hold market rental values for any of the above properties.


Secondary information

Type
Written question
Reference
23409; 518 c959W
Session
2010-12
Subjects
Housing House of Commons
Contains statistics
Yes
Link
View this Written question on www.publications.parliament.uk