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British Rail Property

Volume 195: debated on Tuesday 23 July 1991

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To ask the Secretary of State for Transport what was the income from the sale of British Rail property for each year since 1980; what is his estimate of the value of property at present owned by British Rail; and into what broad categories the property can be classified.

Income from the sale by the British Rail Property Board—BRPB—of British Rail property for each year since 1980 was as follows:

YearNet sales after expenses (£ million)
198033
198138
198229
198367
11984–85145
1985–8673
1986–87101
YearNet sales after expenses (£ million)
1987–88176
1988–89265
1989–902331
1990–912122
1 15 months.
2 Includes sales of property acquired in connection with the channel tunnel rail link project.
The book value of the assets owned by British Rail is shown in BR's accounts, published with the board's annual report; the value of the board's interest in non-operational property on 31 March 1991 was £268·5 million. Operational property may also be sold once it becomes surplus to operational requirements.