Monta Capital: Long-term vacant homes in London


1
2	Long-term vacant homes in London
3	Dwelling stock data sourced from UK Government
4	Vacant dwellings data sourced from UK Government
5	House price data sourced from UK House Price Index
6	Housing supply and completions data sourced from UK gov
7
8	Table shows long-term vacant residential units (properties that are liable for council tax and have been empty for more than six months) as a proportion of total dwelling stock in London and its boroughs
9	Location	Total dwelling stock	All long-term vacants	All vacants as a proportion of total dwelling stock	All long-term vacants as a proportion of total dwelling stock	AveHP - latest Oct 2023	All long-term vacants - est value
10	Southwark	143,412	2,920	3.6%	2.0%	£538,663	£1,572,895,960
11	Newham	128,256	2,053	3.0%	1.6%	£433,164	£889,285,692
12	Barnet	156,353	1,905	3.0%	1.2%	£597,538	£1,138,309,890
13	Lambeth	146,789	1,886	2.4%	1.3%	£572,212	£1,079,191,832
14	Kensington and Chelsea	89,416	1,720	3.5%	1.9%	£1,352,475	£2,326,257,000
15	Croydon	164,403	1,639	2.4%	1.0%	£401,511	£658,076,529
16	Camden	108,772	1,541	4.0%	1.4%	£820,541	£1,264,453,681
17	Tower Hamlets	138,676	1,491	1.9%	1.1%	£450,194	£671,239,254
18	Haringey	114,840	1,468	2.7%	1.3%	£574,374	£843,181,032
19	Hounslow	109,870	1,420	3.3%	1.3%	£472,922	£671,549,240
20	Merton	87,140	1,263	2.9%	1.4%	£575,040	£726,275,520
21	Westminster	129,877	1,132	1.5%	0.9%	£898,968	£1,017,631,776
22	Greenwich	122,274	1,123	2.0%	0.9%	£426,081	£478,488,963
23	Enfield	128,993	1,089	2.3%	0.8%	£450,106	£490,165,434
24	Bromley	142,203	1,068	2.6%	0.8%	£512,900	£547,777,200
25	Brent	131,435	1,053	2.1%	0.8%	£542,864	£571,635,792
26	Sutton	85,790	1,002	2.8%	1.2%	£439,430	£440,308,860
27	Hackney	117,872	977	1.8%	0.8%	£639,717	£625,003,509
28	Waltham Forest	109,153	944	2.2%	0.9%	£508,799	£480,306,256
29	Lewisham	131,887	893	1.8%	0.7%	£452,240	£403,850,320
30	Redbridge	107,776	850	2.2%	0.8%	£491,337	£417,636,450
31	Harrow	95,225	827	3.1%	0.9%	£516,260	£426,947,020
32	Havering	107,181	805	2.0%	0.8%	£419,021	£337,311,905
33	Hammersmith and Fulham	95,193	778	1.3%	0.8%	£716,048	£557,085,344
34	Kingston upon Thames	69,192	771	2.9%	1.1%	£557,043	£429,480,153
35	Islington	107,355	657	2.1%	0.6%	£737,539	£484,563,123
36	Bexley	100,022	655	1.9%	0.7%	£393,227	£257,563,685
37	Richmond upon Thames	85,760	615	2.0%	0.7%	£806,462	£495,974,130
38	Ealing	143,192	460	2.2%	0.3%	£499,337	£229,695,020
39	Hillingdon	116,340	396	1.4%	0.3%	£447,260	£177,114,960
40	Barking and Dagenham	78,162	383	1.8%	0.5%	£334,460	£128,098,180
41	City of London	7,755	261	4.1%	3.4%	£948,692	£247,608,612
42	Wandsworth	152,372	165	0.6%	0.1%	£628,248	£103,660,920
43	London	3,752,936	36,210	2.3%	1.0%	£515,504	£18,666,399,840
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50
51	Table shows the number of estimated annual completed dwellings in London between 2017-2022 alongside annual change and average annual change over 5 years
52	Year	Est Completed - all dwellings	Est change
53	2017	26,880	-
54	2018	19,190	-28.6%
55	2019	21,250	10.7%
56	2020	18,990	-10.6%
57	2021	20,770	9.4%
58	2022	19,600	-5.6%
59	Average annual change		-4.95%