§ Mr. Andersonasked the Secretary of State for Wales what is the current average receipt from the sale of a council dwelling in Wales; and what is the average cost of building a council dwelling in Wales.
§ Mr. Wyn RobertsThe average valuation for council dwellings sold during the period April to September 1982 was £13,700. After allowing for discounts the average net selling price was £7,600. Local authority mortgages financed about 56 per cent. of the total outlay by purchasers so that the average net receipt by local authorities for each dwelling sold was £3,400. The average cost of construction of a typical two-storey, five bed-space council house during the period January to September 1982 was £23,300.