HC Deb 31 July 1962 vol 664 cc48-50W
Mr. A. Lewis

asked the Minister of Housing and Local Government and Minister for Welsh Affairs whether he will publish in HANSARD a table of figures giving, for each quarter since 1951, the average number of council houses built, the size of such houses, the time taken for completion of such houses, the cost, and the interest rates on repayment of the borrowed capital which would have to be paid if the loans were spread over 60 years.

Sir K. Joseph

I think it may be most convenient if the figures for area and price are given in terms of three-bedroom houses, since this is the largest single category and provides the most reliable index of costs.

Period New houses and flats completed by local authorities And new town development corporations Average area of 2-storey 3-bedroom houses including out-buildings Average tender price of 2-storey 3-bedroom houses Average period of Construction of all types of houses in quater months Public Works Loan Board interest rate payable as a 60 year loan on first day of quater
Sq. ft. £ Months Per cent.
1951 1st quarter 32,696 1,050 1,304 11.6 3
2nd " 35,988 1,037 1,359 11.6 3
3rd " 34,417 1,031 1,403 11.9 3
4th " 38,486 1,011 1,396 11.8 3
1952 1st quarter 38,653 984 1,380 11.6
2nd " 39,880 952 1,391 11.0
3rd " 41,457 932 1,391 10.9
4th " 45,647 921 1,380 10.5
1953 1st quarter 46,948 923 1,385 10.5
2nd " 48,519 913 1,387 10.6
3rd " 50,280 914 1,382 10.7
4th " 57,144 917 1,383 10.8
1954 1st quarter 47,196 909 1,378 11.2 4
2nd " 51,177 911 1,382 11.4 4
3rd " 49,752 919 1,381 11.2
4th " 51,517 916 1,390 11.2
1955 1st quarter 49,352 912 1,402 11.0
2nd " 35,345 916 1,396 11.2 4
3rd " 37,446 914 1,432 11.3 4
4th " 40,382 909 1,442 10.8
1956 1st quarter 33,292 918 1,448 11.2 5
2nd " 35,419 909 1,464 11.6
3rd " 33,112 910 1,487 11.1
4th " 38,154 909 1,488 11.0
1957 1st quarter 36,335 915 1,494 11.2
2nd " 34,945 916 1,482 10.5
3rd " 32,560 902 1,489 10.7
4th " 33,744 898 1,477 10.4
1958 1st quarter 28,776 901 1,506 10.8
2nd " 28,292 904 1,493 11.1
3rd " 26,991 907 1,481 11.2
4th " 29,087 900 1,474 11.1 6
1959 1st quarter 23,086 908 1,498 11.0
2nd " 25,101 889 1,496 10.4
3rd " 23,188 894 1,517 10.2
4th " 28,081 899 1,547 10.0
1960 1st quarter 25,200 898 1,562 10.2
2nd " 26,845 905 1,611 10.9 5⅞
3rd " 24,656 895 1,612 11.5 5⅞
4th " 26,534 892 1,644 11.6 6⅛
1961 1st quarter 22,153 889 1,700 12.1 6⅛
2nd " 23,253 902 1,773 11.7 6⅛
3rd " 21,459 898 1,821 11.9 6⅛
4th " 6,015 902 1,832 11.8 7
1962 1st quarter 24,416 911 1,919 11.9
2nd " 24,951 *905 * 1,884
* Provisional.
† Not yet available.

The following are the figures: