An estimate of the monetary value of homes owned by registered social landlords (RSLs) in each of the last three years provided in the following table is derived from the financial accounts of RSLs. The value given is the aggregate of figures provided by individual RSLs to the TSA by all RSLs that own 1,000 or more homes, representing approximately 97 per cent. of all homes owned in the RSL sector. This is reported in the publication “Global accounts of housing associations” produced by the TSA. The estimate of value is provided taking into account the public grant subsidy received.
As at 31 March each year 2008 2007 2006 Build cost/value 85,164 77,426 70,295 Public sector grants 34,357 31,815 28,891 Estimated value of homes in the sector 50,807 45,611 41,404