I refer the hon. Member to the answer I gave on 9 June 2008, Official Report, columns 29-31W.
Latest 2007 figures for local authorities from the capital outturn returns have been published since the original answer was provided. The latest figure for fixed assets is supplied in the following table.
£ million All council dwellings 99,286 Notes: 1. LA stock valued at Existing Use Value: Social Housing (EUV-SH), a statutory requirement as at 1 April 2000. 2. 1998 laid down in the Library of the House of Commons. Not available on the web. Source: Communities and Local Government, Local Government Financial Statistics England: Capital Outturn Return (COR) returns.
Figures on local authority fixed assets are published via the Department’s website at:
http://www.local.communities.gov.uk/finance/stats/lgfs/2008/lgfs18/index.html