Related to: Inequalities
- There were 73,515 households recorded in the 2011 Census in Bath and North East Somerset.
- The housing makeup of B&NES is broadly similar to the South West and England.
- Since 2001 there has been a marked increase in the proportion of privately rented properties.
- In 2013, the average property price (houses and flats) in B&NES was £237,000, compared to England £261,000, and South West £230,000.
- The biggest difference in average property prices between B&NES and the South West in 2013 was in flats and maisonettes (£202,500 and £151,000 respectively).
- On average, full-time workers could expect to pay an estimated 10.84 times their annual workplace-based earnings on purchasing a home in B&NES in 2018, compared to 7.8 times annual earnings in England and Wales.
There were 73,515 households recorded in the 2011 Census in Bath and North East Somerset. Table 1 details tenure of households in B&NES as at the 2011 census, this demonstrates that the housing makeup of the area is broadly similar to regional and national rates.
This picture has changed since the 2001 census when there was a lower proportion owning thier property outright (33.8%) and a higher proportion with a mortgage or loan (37.4%). There has also been a marked increase in private rental from a landlord or letting agency from the 2001 rate (10.1%) to 15.5% in 2011. Note that those self-recording as living in council houses are likely to be social housing tenancies rather than direct tenancies with the council.
England & Wales
Owned: Owned outright
Owned: Owned with a mortgage or loan
Shared ownership (part owned and part rented)
Social rented: Rented from council (Local Authority)
Social rented: Other
Private rented: Private landlord or letting agency
Private rented: Other
Living rent free
Housing prices in the UK 2
House prices in Bath and North East Somerset
In 2013, the average property price (houses and flats) in Bath and North East Somerset was £237,000, compared to England £261,000 and South West £230,000. Detached houses in Bath and North East Somerset were on average more expensive (£346,250) than in the South West (£338,000), but cheaper than the England average (£363,000). This trend could be seen also in semi-detached houses, terraced houses and in flats and maisonettes. The biggest difference in average property prices between B&NES and the South West in 2013 was in flats and maisonettes (£202,500 and £151,000 respectively) .3 4
Figure 1: Comparison of house prices between B&NES and the South West in 2013.
In September 2013, the average house price in Bath and North East Somerset was £226,465, compared to £167,063 in England & Wales and £175,056 in the South West. Fig 1 demonstrates that historic changes have largely followed national levels, although in recent months house prices have differed from national and regional patterns and almost returned to levels seen in 2007. 5
Figure 2: Land Registry average House Prices 1995 to 2013 6
In 2012 the ratio of house prices to average earnings was 8.74 in Bath and North East Somerset, the second highest in the South West and nearly 25% higher than the ratio for England (6.74). This is slightly down from the peak of 9.42 in 2007. 7
Housing affordability 8
On average, full-time workers could expect to pay an estimated 10.8 times their annual workplace-based earnings on purchasing a home in B&NES in 2018, compared to 7.8 times annual earnings in England and Wales. The 2018 B&NES proporty price to earnings ratio was slightly lower than in 2017 when it was 11.1, but still much higher than in 1998 when it was 4.5.
For more information see the ONS Housing affordability in England and Wales: 2018 report.
Private rental prices
Average private rental prices in B&NES remain high but fell very slightly from Q4 2012 to Q1 2013 and stand at £996 (12 month rolling average). There has been significant consistent increase over time from Q2 2011, where mean prices were £862. 9
Housing benefits & social housing
Housing benefit recipients in social rented sector = 7,220 claims
Housing benefit recipients in private rented sector = 2,970 claims
Affordable housing is effectively at a standstill position with limited net increase in stock. (14.4% is social rent which is almost the same as in 2001)
Housing services 10
- The housing register was fully reviewed in May 2013, there are now 4261 households on the register. The number increases, on average, by approximately 100 households per month.
- Since the spare room under occupancy subsidy has been removed, there has been an increasing demand for smaller accomodation. The highest demand is for one bedroom properties, at over 58%.
- The Housing register gives priority to social housing tenants who need to downsize to smaller properties. Currently 58 households have priority to downsize as a result of the removal of the spare room subsidy.
Registered provider stock 11
- 34 registered providers with stock in the B&NES area
- 10,865 total low-cost rental accomodation in the area
- 8,549 self-contained managed low-cost rental units
- 2,147 low-cost managed accomodation for older people
- 169 supported housing units
- 1. ONS (c) Crown Copyright, All Rights Reserved (2013), Census 2011: KS402EW - Tenure http://www.bathnes.gov.uk/sites/default/files/census_2011_theme_summary_-_homes_and_housing.pdf
- 2. Office of National Statistics (2015) Average house prices:how expensive is your area?, http://visual.ons.gov.uk/house-prices-in-your-area/ (embedded 25/03/2015)
- 3. Office for National Statistics, House Price Statistics for Small Areas, 1995–2013, (2015), http://visual.ons.gov.uk/house-prices-in-your-area/
- 4. Office for National Statistics, House Price Index (HPI), (2015), http://www.ons.gov.uk/ons/rel/hpi/house-price-index/december-2014/rft-annual-december-2014.xls
- 5. Land Registry (2013) House Price Index Backgound Tables http://www.landregistry.gov.uk/market-trend-data/public-data/hpi-background, local analysis
- 6. Land Registry (2013) House Price Index Backgound Tables http://www.landregistry.gov.uk/market-trend-data/public-data/hpi-background, local analysis
- 7. DCLG (2013) . Ratio of Median House Prices to Median Earnings http://data.gov.uk/dataset/ratio-of-median-house-price-to-median-earnings, in-house analysis
- 8. ONS (2019) Housing affordability in England and Wales: 2018, https://www.ons.gov.uk/peoplepopulationandcommunity/housing/bulletins/housingaffordabilityinenglandandwales/2018?hootPostID=849d79f8cc7745416b4690f07b9fe507, (viewed 28/03/2019)
- 9. Shelter Databank
- 10. Welfare Reform Update - March 2014
- 11. Housing Services B&NES data extract May 2013 - HCA statistical return http://www.homesandcommunities.co.uk/news/second-statistical-data-return