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Housing: Peterborough

Volume 468: debated on Wednesday 28 November 2007

To ask the Secretary of State for Justice how many and what percentage of homes in the Peterborough city council area according to Land Registry data were worth (a) £400,000 or more, (b) £500,000 or more, (c) £600,000 or more, (d) £800,000 or more and (e) £1,000,000 or more in each year since 1997. (168766)

Land Registry is able to provide information on the number of properties sold for which prices of £400,000 or more, £500,000 or more, £600,000 or more, £800,000 or more and £1,000,000 or more have been paid. As these figures are extracted using price paid data, no information is available for any properties which have not been sold. This question has been answered on the basis of recorded sales figures in Peterborough within the requested price sectors. These sector-specific sales figures have then been calculated as a percentage of total annual sales in Peterborough from 1997 to 2006.

The figures are reflected in the following table.

Land Registry price reports for Peterborough 1997 to 2006

Total sales

Sales £400,000 to £500,000 and percentage of total

Sales £500,000 to £600,000 and percentage of total

Sales £600,000 to £800,000 and percentage of total

Sales £800,000 to £1 million and percentage of total

Sales £1 million plus and percentage of total

1997

3497

1 = 0.03

0

0

0

0

1998

2913

0

0

0

0

0

1999

4226

1 - 0.02

0

0

0

0

2000

4047

9 = 0.2

0

1= 0.02

0

0

2001

4914

5 = 0.1

0

1 = 0.02

0

0

2002

5272

11=0.2

3 = 0.06

1 = 0.02

0

0

2003

4651

15 = 0.3

1 = 0.02

3 = 0.06

1 = 0.02

0

2004

4970

24 = 0.5

3 = 0.06

1 = 0.02

1 = 0.02

1 = 0.02

2005

3963

22 = 0.5

7 = 0.2

2 = 0.05

4 = 0.1

2 = 0.05

2006

5155

49 = 0.9

15 = 0.3

7 = 0.1

4 = 0.08

1 = 0.02

Notes:

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