§ Mr. Austin MitchellTo ask the Deputy Prime Minister what his estimate is of the asset value of council housing stock transferred to registered social landlords in each of the last three years. [177005]
§ Keith HillThe information requested is not held centrally, and could be provided only at disproportionate cost. The value of a housing transfer is through its tenanted market value rather than on an asset basis. The tenanted market value reflects the income the Registered Social Landlord is likely to receive less the estimated expenditure necessary on repair and improvement works, maintenance and supervision and management over a 30-year period.