§ Mr. Austin Mitchellasked the Secretary of State for the Environment whether he will circulate in the Official Report a table showing the current estimated value of local authority housing stock in terms of original cost and current market value, the proceeds if all such housing were sold by the local authorities under the proposed legislation, and the balance which would remain after repayments of the capital outstanding on all borrowing.
§ Mr. StanleyThe historic cost of the housing stock of local authorities in England and Wales is estimated to be in 365W the order of £20 billion. For the other parts of the question reliable estimates cannot be made.