The future of housing in Kensington and Chelsea 10 June 2013, London Lighthouse

Source: ONS – Labour Market Statistics, May 2013 The general decline in income across the UK The unemployment rate has remained fairly steady since 2009 but is still higher than more than two per cent higher than the average for the first half of the 2000s. In real terms (taking inflation into account) average earning have been falling since the end of The median wage (£11.21 per hour) is worth roughly the same as it was in 2003.

The housing need in Kensington and Chelsea 490 average number of lettings per year 1,300 households in temporary accommodation 18,000 social homes in K&C (nearly ¼) 18,000 social homes in K&C (nearly ¼) 8,000+ households on Common Housing Register 8,000+ households on Common Housing Register

Where is social housing located in Kensington and Chelsea?

Overcrowding - households with 1 or 2+ few bedrooms in Kensington and Chelsea LSOA - Lower Super Output AreaSource: Census bedroom less than required 8% Most Overcrowded LSOA 20% Least overcrowded LSOA 3% 2+ bedroom less than required 1% Most overcrowded LSOA 5%

Second homes in Kensington and Chelsea Source: Census , ,649 The number of people who have second homes in Kensington and Chelsea The usual resident population ranked 3 rd in London for the number of people with second homes. (1 st Westminster, 2 nd Wandsworth) ranked 25 th nationally

Households moved to temporary accommodation in other parts of London in The majority of households were moved to North East London But Brent was the single local authority that took the most (127) Source: Shelter

Households moved into temporary accommodation outside the borough in households The total number placed in temporary accommodation outside of Kensington and Chelsea in 2012 Source: Shelter

6 households were moved into temporary accommodation to outside of London in were moved to MANCHESTER 2 were moved to STEVENAGE 2 were moved to THANET in KENT Manchester Stevenage Thanet

GLA London Plan 5,850 In ten year between (585 units per year) GLA London Plan 5,850 In ten year between (585 units per year) House building targets in Kensington and Chelsea RBKC Core Strategy 3,500 In ten years between 2007/ /7 (350 units per year) RBKC Core Strategy 3,500 In ten years between 2007/ /7 (350 units per year) The Core Strategy was adopted by RBKC in December 2010 The London Plan was adopted by the GLA in July 2011

House building in Kensington and Chelsea GLA annual target 585 GLA annual target 585 RBKC annual target 350 RBKC annual target 350

House building in Kensington and Chelsea GLA annual target 585 GLA annual target 585 RBKC annual target 350 RBKC annual target 350

House building in Kensington and Chelsea GLA annual target 585 GLA annual target 585 RBKC annual target 350 RBKC annual target 350

Property values in Kensington and Chelsea are the highest in the UK The cost of housing in Kensington and Chelsea £1,124,452 The average house price (April 2013) Annual change + 9.8% In many other parts of the UK house prices are stagnant or dropping London average - £375,795, UK average - £161,458 Source: Land registry