1. Housing Market Analysis, SE London Housing Partnership Carole Oliver, December 2010

2. Transactions by borough 2008

3. Transactions by borough 2010

4. Housing liquidity has dried up …

5. Average house prices (overall) September 2008

6. Average house prices (overall) September 2010

7. Price change by Borough – last 12 months

8. House price to income ratio (lower quartile)

9. Up to 63% of young working households (aged 21-39) incomes too high for HB, but too low to purchase a LQ priced home

10. Continued pressure on higher LTV borrowers

11. Average FTB in Lewisham, could raise a mortgage* of £80k, however the lowest priced flat is £157k Subject to the availability of mortgage finance, average household income £20- 25k p.a. Based on an advance of 75% LTV on 3 x income, 25 yr re-payment mortgage, figures correct as of September 2010

12. Tenures and financial capacity in housing

13. Cost of living across various tenures – LB Lewisham Innovative affordability calculator to inform strategy & policy makers

14. Comparable market evidence of terrace properties in SE6 1

15. Visual comparable evidence for specific site appraisal & viability

16. Over a third of LA’s rely on robust evidence from Hometrack Including:

17. About Hometrack Hometrack is the property analytics business providing independent intelligence solutions to the UK housing and financial industries. The company, established in 1999, delivers automated valuations and risk analysis services to over 90% of UK mortgage lenders. These include valuation for mortgage application, portfolio whole loan trading and securitisation, fraud protection, unsecured credit decisions, client segmentation and profiling. An automated valuation model (AVM) lies at the heart of Hometrack’s business. The AVM contains the industry’s largest database of surveyor valuations with over 17 million records, over 30 million price points and digital data records on every residential property in the United Kingdom. This represents the largest source of mortgage valuation records available to any single lending or surveying institution. Hometrack also supply information and consultancy services to the land and property sector including national and local government, housing associations, developers and institutional investors where data records exceed half a trillion updates per month. In 2007 Hometrack opened an office in Australia.

18. For further information: Carole Oliver T: 07889 995764 E: coliver@hometrack.co.ukcoliver@hometrack.co.uk Level 6 The Chambers, Chelsea Harbour London SW10 0XF W: www.hometrack.co.uk