HC Deb 07 February 1973 vol 850 c102W
Mr. O'Halloran

asked the Secretary of State for the Environment what is the average cost, in the inner London area, of a new three-bedroom house including land; and how this compares with the rest of the country.

Mr. Eyre

The average construction cost of five-person houses in tenders approved by inner London boroughs during the 12 months ended June 1972 is provisionally estimated as £5,400. For all local authorities—except Greater London Council—in England and Wales the corresponding estimate is £4,100.

Other costs including ancillary buildings, fees, site works and land acquisition, averaged over all local authority dwellings in tenders approved during the same period, are estimated at about £3,500 in greater London and £2,000 in England and Wales as a whole.