FI14837

Request

Sorry for another belated follow-up question: Is it possible to know the following (apologies for how the question was originally worded)

How many properties initially sold under the Right to Buy act have been subsequently purchased by the local authority? 

70

How many of these were purchased on or after January 1st 2020? 

40

How much money has the local authority spent on purchasing these properties? (If any properties have been sold again after being re-purchased, please also specify this income) 

£5,523,272.  None have been sold after being re-purchased.

Is this for question 1 or 1a? Ideally I would like cost figures for the 70 and 40 homes individually.

Response

Your previous request has been interpreted incorrectly and the numbers are: 

1. How many properties initially sold under the Right to Buy act have been subsequently purchased by the local authority?

94 in total – total cost £13,626,272 - data up to end of 2023/2024 financial year

2. How many of these were purchased on or after January 1st 2020?

52 – cost for the 52 = £7,853,272 - data up to end of 2023/2024 financial year

 

Purchased Before 2020

 

£96,000

£130,000

£125,000

£130,000

£125,000

£100,000

£105,000

£138,000

£118,000

£102,000

£115,000

£100,000

£115,000

£140,000

£95,000

£225,000

£130,000

£185,000

£185,000

£133,500

£110,000

£135,000

£170,000

£130,000

£195,000

£130,000

£140,500

£142,000

£135,000

£102,000

£180,000

£190,000

£165,000

£140,000

£210,000

£138,000

£113,000

£120,000

£120,000

£120,000

£120,000

£175,000

 

Purchased from 2020 onwards

 

£160,000

£170,000

£138,000

£135,000

£150,000

£115,000

£160,000

£125,000

£135,000

£105,000

£165,000

£140,000

£110,000

£110,000

£145,000

£125,000

£150,000

£122,272

£110,000

£135,000

£135,000

£95,000

£105,000

£130,000

£95,000

£150,000

£120,000

£110,000

£150,000

£145,000

£150,000

£165,000

£200,000

£165,000

£165,000

£165,000

£165,000

£160,000

£205,000

£155,000

£125,000

£235,000

£160,000

£230,000

£153,000

£200,000

£160,000

£150,000

£195,000

£240,000

£140,000

£230,000

£150,000