I refer the hon. Member to the answers given to him by my right hon. Friend the Member for Derby, South (Margaret Beckett) on 21 May 2009, Official Report, columns 1538-40W, 5 May 2009, Official Report, column 133W, and the answer given by my right hon. Friend the Member for North Swindon (Mr. Wills) on 30 April 2009, Official Report, column 1440W, respectively.
The following table shows the information for the months of February, March and April which are not covered by the previous answers.
February March April HomeBuy Direct 1— 1— 1— Open Market HomeBuy 605 727 172 of which: Ownhome 79 112 20 MyChoice HomeBuy 414 520 141 New Build HomeBuy 677 3,112 128 Social HomeBuy 1— 1— 1— Rent to HomeBuy 27 972 63 First Time Buyers Initiative 51 72 60 1 Less than 5. Source: Homes and Communities Agency
I have placed a table in the House Library showing the average property prices of properties sold through Social Homebuy, Right to Acquire and Right to Buy, by year and region.
These property price figures are based on the total property price, not the amount paid by the purchaser, who is entitled to a discount on the market value and may be purchasing only a share of the equity in the property.
The average property price is not shown for the Right to Acquire sales prior to 2001-02, due to a low number of sales in each year.