Commercial Management Made Easy: Social Housing Stock Volume and Rental Income

This report is a short study of the social housing sector, to describe the types of property that are rented out by Local Authority Registered Providers (LARP) and Private Registered Providers (PRP, more commonly referred to as Housing Associations or HA’s) within England as of August 2022.

The analysis covers the types and volumes of properties that are rented out within the social housing sector within England, which has been compiled by data provided by the Regulator of Social Housing in the UK.

Rents quoted are for properties where Social Rent and Affordable Rents are charged and are referred to in general as “Net Rent” as they exclude Service Charges.

Affordable Rent levels are set at a rate of no more than 80% (including service charges) of the general rents charged within the local market and must form part of an agreement with Homes England or the GLA, for both General Needs and Independent Living properties.

Social Rents are subsidised by the UK Government for low income households that are charged by housing providers at a lower level than rents for similar local private sector rented properties. Social rents are calculated utilising a UK Government formula that creates a level of rent for each property, which is based on the value and size of the accommodation, relative to local income levels.

The calculations for rent in the tables below are calculated for General Needs and Independent Living properties and exclude Temporary Accommodation and Shared Ownership property types.

Social Housing Stock by Accommodation Type - England

Region - England	Total Social Housing Stock	General Needs	Temporary Accommodation	Independent Living	Shared Ownership
East Midlands	339,017	268,807	578	53,217	16,415
East of England	448,759	364,939	1,905	55,951	25,964
London	863,460	732,022	7,369	69,610	54,459
North East	275,939	240,284	157	31,267	4,231
North West	609,909	507,891	141	82,771	19,106
South East	587,247	462,311	1,303	69,421	54,212
South West	366,491	287,568	353	53,641	24,929
West Midlands	486,581	412,978	790	53,421	19,392
Yorkshire and the Humber	435,181	384,310	182	40,107	10,582
Total for England	4,412,584	3,661,110	12,778	509,406	229,290

Social Housing Stock by Social Housing Provider - England

Housing Category	Local Authority Registered Provider (LARP)	Private Registered Providers (PRP)	Total Properties
General Needs Total	1,457,229	2,216,659	3,673,888
General Needs (Self-Contained)	1,454,509	2,206,601	3,661,110
General Needs (Temporary Accommodation)	2,720	10,058	12,778
Independent Living	107,011	402,395	509,406
Shared Ownership	5,744	223,546	229,290
Total - England	1,569,984	2,842,600	4,412,584

Social Housing Rent and Total Income by Accommodation Type - England

Rent Category	LARP Weekly Net Rent	No of LARP Properties	PRP Weekly Net Rent	No of PRP Properties	Total Rental Income - 2022
General Needs (Social Rent)*	£89.53	1,428,026	£98.05	1,826,339	£15,346,185,336.50
General Needs (Affordable Rent)	£131.92	29,203	£136.72	294,526	£2,206,002,724.00
Independent Living (Social Rent)	£78.10	102,435	£95.60	333,961	£1,996,342,255.00
Independent Living (Affordable Rent)	£130.26	4,576	£181.29	14,731	£163,332,637.50
Total Rental Income - 2022					£19,711,862,953.00

General needs (Social Rent)	LARP Weekly Net Rent	No of LARP Properties	PRP Weekly Net Rent	No of PRP Properties	Total Rental Income - 2022
Non-self-contained	£63.88	2,679	£82.66	1,042	£12,863,312.00
Bedsit	£76.15	28,991	£76.50	17,571	£177,592,307.50
1 Bedroom	£78.43	373,771	£84.22	419,725	£3,233,204,951.50
2 Bedroom	£88.45	494,116	£96.37	686,889	£5,495,002,656.50
3 Bedroom	£97.48	483,967	£106.54	628,875	£5,708,872,283.00
4 Bedroom	£116.23	39,856	£124.48	65,244	£637,701,800.00
5 Bedroom	£136.52	3,725	£138.52	5,744	£65,209,794.00
6+ Bedroom	£148.99	921	£147.81	1,249	£16,091,724.00
All stock sizes	£89.53	1,428,026	£98.05	1,826,339	£15,346,185,336.50

Independent Living (Social Rent)	LARP Weekly Net Rent	No of LARP Properties	PRP Weekly Net Rent	No of PRP Properties	Total Rental Income - 2022
Non-self-contained	£76.01	1,651	£105.35	41,928	£227,130,365.50
Bedsit	£70.30	7,007	£80.89	26,562	£132,059,614.00
1 Bedroom	£77.27	75,667	£93.42	213,800	£1,290,999,254.50
2 Bedroom	£84.07	17,510	£103.50	48,974	£327,043,735.00
3 Bedroom	£104.98	572	£116.04	2,522	£17,635,072.00
4+ Bedroom	£113.35	28	£148.43	175	£1,457,452.50
All stock sizes	£78.10	102,435	£95.60	333,961	£1,996,342,255.00

Affordable Rent (General Needs)	LARP Weekly Net Rent	No of LARP Properties	PRP Weekly Net Rent	No of PRP Properties	Total Rental Income - 2022
Non-self-contained	£109.27	41	£98.70	126	£845,813.50
Bedsit	£106.87	88	£136.83	885	£6,524,955.50
1 Bedroom	£115.26	5,748	£124.93	58,112	£396,122,332.00
2 Bedroom	£128.01	13,443	£134.26	143,878	£1,051,894,935.50
3 Bedroom	£143.19	8,413	£143.98	81,557	£647,361,716.50
4 Bedroom	£168.55	1,292	£182.13	9,559	£97,937,363.50
5 Bedroom	£176.27	142	£176.58	356	£4,394,641.00
6+ Bedroom	£211.63	36	£199.57	53	£909,794.50
All stock sizes	£131.92	29,203	£136.72	294,526	£2,206,002,724.00

Affordable Rent (Independent Living)	LARP Weekly Net Rent	No of LARP Properties	PRP Weekly Net Rent	No of PRP Properties	Total Rental Income - 2022
Non-self-contained	£93.22	428	£255.74	653	£10,344,819.00
Bedsit	£130.81	70	£185.96	711	£7,068,713.00
1 Bedroom	£136.13	2,720	£175.48	8,006	£88,758,324.00
2 Bedroom	£129.97	1,333	£179.94	5,280	£56,166,660.50
3 Bedroom	£136.06	23	£202.82	80	£967,749.00
4+ Bedroom	£180.17	2	£139.34	1	£24,984.00
All stock sizes	£130.26	4,576	£181.29	14,731	£163,332,637.50

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Social Housing Stock Volume and Rental Income - 2022