HC Deb 24 October 1973 vol 861 c507W
Mr. Skeet

asked the Secretary of State for the Environment what he estimates to be the current market value of residential property let by private landlords in England and Wales.

Mr. Channon

The best estimate we can make is approaching £15,000 million. This is a broad estimate based on the relationship between the price of houses financed by mortgages and their gross values, which assumes vacant possession. It is open to a wide margin of error.