§ Mr. Denis Howellasked the Secretary of State for the Environment how many homes have been sold in each new town how many at the full market rate; how many at a 20 per cent. discount; what is the total income accruing; what is the estimate of the profit in the case of each new town; and how the proceeds of these sales is to be disposed of and what is the estimated cost of replacing these houses at current prices in each of the new towns concerned.
§ Mr. EyreThe number of dwellings sold by the Commission for the New Towns and each of the new town development corporations in England during the period 1st October, 1970 to 30th September, 1972 is given in the table below. The concessionary sales to sitting tenants will have been at current market value with vacant possession, less a discount of up to 20 per cent. Other sales, most of which were of acquired houses or houses built for sale, will generally have been at current market value with vacant possession. The proceeds of these sales go towards the total cash requirements or surpluses of the commission or of the 101W individual corporations during the relevant financial year. Corresponding figures about the total income accruing are not readily available. An estimate has not been made of the profit in the case of each new town or of the replacement cost of the houses sold.
The information is as follows:
SALES OF DWELLINGS IN ENGLISH NEW TOWNS 1ST OCTOBER, 1970–30TH SEPTEMBER, 1972 Concessionary Sales Other Sales Total Crawley 2,041 360 2,401 Hatfield 445 6 451 Hemel Hempstead 1,330 208 1,538 Welwyn Garden City 588 172 760 Aycliffe 454 12 466 Basildon 3,573 166 3,739 Bracknell 960 142 1,102 Corby 777 — 777 Harlow 2,017 139 2,156 Milton Keynes 56 102 158 Northampton — 1 1 Peterborough — 27 27 Peterlee 99 31 130 Redditch 2 49 51 Runcorn 19 180 199 Skelmersdale 5 281 286 Stevenage 1,221 — 1,221 Telford — 10 10 Warrington — 2 2 Washington 5 180 185 13,592 2,068 15,660