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Church Commissioners

Answer

Ms Harman: To ask the hon. Member for Middlesbrough (Mr. Bell), representing the Church Commissioners, what the average rent level in tenancies is in the Walworth Church Commissioners estate in Southwark; and what assessment he has made of the average market rent levels in the Walworth area. [160748] Mr. Stuart Bell: Properties at the Church Commissioners Walworth estate are let on a mixture of fair rents and assured tenancies, the former being applicable in the case of Rent Act tenancies granted before 1988. The average rent levels (as at 4 May 2001) on the Commissioners Walworth estate in both cases, as compared with the equivalent estimated market rental values, are set out as follows: _________________________________________________________________________________________________. Type of property Fair rent (£ per week) Assured rent (£ per month) Market rent estimates (£ per month) Bedsit 47.50 279 434 1 bedroom flat 53.00 337 650 2 bedroom flat 63.50 419 869 3 bedroom flat 68.00 485 1,210 4 bedroom flat 70.00 530 1,500 1 bedroom 1/2 cottage 53.50 345 534 2 bedroom 1/2 cottage 50.00 406 760 1 bedroom cottage 65.50 343 800 2 bedroom cottage 70.50 399 869 3 bedroom cottage 81.50 433 1,086 _________________________________________________________________________________________________. The total number of properties involved is 618. Rent levels vary according to the condition of the property and there are too few properties within some categories to provide very meaningful averages but this has been done so far as is possible. There is only one two bedroom half cottage rented on a fair rent, it is unmodernised and hence the rent level is shown as less than the average charged for a one bedroom half cottage. Market rents were estimated by a local property agent at the end of 2000.

Secondary information

Type

Written question

Reference

368 c249-50W; 160748

Session

2000-01

Subjects

Church Commissioners Greater London Property Rents

Contains statistics

Yes

Link

View this Written question on www.publications.parliament.uk