§ Mr. BattleTo ask the Secretary of State for the Environment if he will give for each financial year since 1981–82, the total sale price of the dwellings sold under the right to buy and the average discount for sales during the year.
§ Mr. CurryThe information requested on right to buy sales is not held centrally.
However, figures of receipts from sales of all council dwellings and the discounts allowed are collected by the Department. Data on the value of these sales and the average percentage discount given are shown in the table.
Note:
Value of dwellings sold by local authorities in England, 1981–82 to 1993–941
Year Value of sales (net of discount)
£ million
Percentage discount
on sales
1981–82 1,241 42 1982–83 1,769 42 1983–84 1,316 42 1984–85 1,108 44 1985–86 1,061 46 1986–87 1,237 46 1987–88 1,697 47 1988–89 2,653 50 1989–90 2,700 51 1990–91 1,616 52 1991–92 1,086 52 1992–93 841 51 1993–94 1,034 49 1 Excluding receipts from block transfers.