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Housing facts and figures 2004/2005 to 2021

Permissions and delivery of affordable homes

Our affordable housing policy seeks to ensure all developments creating one unit or more deliver a minimum of 25% of the housing as social rented housing and a further 10% as intermediate housing, preferably on-site. These two types of housing are collectively referred to as affordable housing. Intermediate housing covers various types of housing products including shared ownership and London Living Rent. This is calculated by habitable rooms in order to maximise the delivery of affordable housing. For this reason, the figures below are given in terms of habitable rooms to demonstrate performance against our policy targets.

A habitable room is defined as a room with a window within a dwelling that is intended to be used for sleeping, living, cooking or dining, regardless of what it is actually used for. This excludes enclosed spaces such as bath or toilet facilities, corridors, landings, hallways, lobbies, utility rooms, and kitchens with an overall floor area of less than 11sqm. Full details can be found in the Southwark Plan 2022.  

Affordable Housing Approvals

It's important to look at the affordable housing proportion in gross approval terms because the minimum 35% affordable housing policy is calculated on the gross delivery of new homes on a site.

Table 3 - Percentage of approved affordable homes against total homes approved on major developments (gross)  

Financial Year
(1 April - 31 March)

Total homes on major developments (10 or more units)

Affordable homes total

% of total homes for affordable housing

2004 - 2005

3729

1732

46%

2005 - 2006

2250

1094

49%

2006 - 2007

2740

1339

49%

2007 - 2008

2762

1104

40%

2008 - 2009

2872

934

33%

2009 - 2010

1699

853

50%

2010 - 2011

2915

1060

36%

2011 - 2012

2174

480

22%

2012 - 2013

3960

802

20%

2013 - 2014

4155

981

24%

2014 - 2015

2964

882

30%

2015 - 2016

4502

1990

44%

2016 - 2017

1136

411

36%

2017 - 2018

1782

729

41%

2018 - 2019

2331

846

36%

2019 - 2020 1827 644 35%
2020 - 2021 8583 2800 33%
2021 - 2022 3778 1441 38%
2022 - 2023 2733 1420 52%

Total

75,891

19,769

Average per year

3994

 

 

Table 4 - Approved affordable homes by tenure (gross)

Financial year
(1 April to 31 March)

Affordable Home Total

Social Rent

Intermediate (including Shared Ownership)

2004 - 2005

1732

1055

677

2005 - 2006

1094

837

257

2006 - 2007

1339

588

751

2007 - 2008

1104

634

464

2008 - 2009

934

512

387

2009 - 2010

853

608

245

2010 - 2011

1060

591

329

2011 - 2012

480

271

163

2012 - 2013

802

308

348

2013 - 2014

981

593

369

2014 - 2015

882

457

340

2015 - 2016

1990

1407

578

2016 - 2017

411

295

116

2017 - 2018

729

420

194

2018 - 2019

846

474

145

2019 - 2020 659 418 241
2020 - 2021 2809 1782 1027
2021 - 2022 1525 1113 412
2022 - 2023 1443 1125 318

Total

21,673

13, 488

8185

%

100.0%

62%

38%

Table 5 - Percentage of net affordable homes against total homes approved on major developments (net)

Financial Year
(1 April - 31 March)

Total number of major development (10 or more units)

Affordable housing overall

Percentage of total homes for affordable housing

2004 - 2005

3458

1465

42%

2005 - 2006

2174

1032

47%

2006 - 2007

2685

1291

48%

2007 - 2008

2762

986

36%

2008 - 2009

2855

804

28%

2009 - 2010

1526

681

45%

2010 - 2011

2803

974

35%

2011 - 2012

1728

46

3%

2012 - 2013

3080

67

2%

2013 - 2014

3581

444

12%

2014 - 2015

2667

639

24%

2015 - 2016

1835

-329

-18%

2016 - 2017

1135

410

36%

2017 - 2018

1529

616

40%

2018 - 2019

2246

798

36%

2019 - 2020 1827 644 35%
2021 - 2022 3765 1428 38%
2022 - 2023 2237 924 41%

Total

52476

15720

28%

Annual average

2762

827

 

Table 6 - Net approved affordable homes by tenure

Financial year (1 April to 31 March)

Affordable housing total

Social Rent

Intermediate (including Shared Ownership)

2004 - 2005

1465

791

674

2005 - 2006

1032

776

256

2006 - 2007

1291

541

750

2007 - 2008

986

517

469

2008 - 2009

804

384

420

2009 - 2010

681

438

243

2010 - 2011

974

505

469

2011 - 2012

46

-163

209

2012 - 2013

67

-425

492

2013 - 2014

444

56

388

2014 - 2015

639

215

424

2015 - 2016

-329

-912

583

2016 - 2017

410

295

115

2017 - 2018

616

307

309

2018 - 2019

798

426

372

2019 - 2020 663 418 245
2020 - 2021 2809 1782 1027
2021 - 2022 1386 974 412
2022 - 2023 1032 714 318

Total

15814

7639

8175

%

100%

52%

48%

3.3  Gross completed affordable homes

Between 2004 and 2020, 9,770 affordable homes were delivered, with an annual average of 611 units. The affordable housing delivery was an equivalent of 42% total new homes generated from major developments (Table 7).

Table 7 - Proportion of gross affordable homes against total homes delivered on major developments

Financial year
(1 April - 31 March)

Total completions on major development with 10 or more units

Affordable homes completed overall

Percentage of total homes for affordable housing

2004 - 2005

1562

719

46%

2005 - 2006

1491

611

41%

2006 - 2007

1917

946

49%

2007 - 2008

1502

950

63%

2008 - 2009

800

326

41%

2009 - 2010

1123

708

63%

2010 - 2011

1334

664

50%

2011 - 2012

888

632

71%

2012 - 2013

919

565

61%

2013 - 2014

1481

504

34%

2014 - 2015

1216

396

33%

2015 - 2016

1356

497

37%

2016 - 2017

2257

593

26%

2017 - 2018

591

199

32%

2018 - 2019

3310

901

27%

2019 - 2020

1777 327 18%
2020 - 2021 880 323 37%
2021 - 2022 1108 345 31%
2022 - 2023 1998 607 30%

Total

27510

10813

30%

Annual average

1448

569

 

Table 8 - Gross completed affordable homes by tenure

Financial year

(1 April to 31 March)

Affordable homes total

Social Rent

Intermediate

2004 - 2005

719

608

111

2005 - 2006

611

402

209

2006 - 2007

946

539

407

2007 - 2008

950

476

474

2008 - 2009

326

186

140

2009 - 2010

708

429

279

2010 - 2011

664

251

413

2011 - 2012

632

498

134

2012 - 2013

565

401

164

2013 - 2014

504

320

160

2014 - 2015

396

165

170

2015 - 2016

497

216

149

2016 - 2017

593

412

159

2017 - 2018

188

94

79

2018 - 2019

901

465

391

2019 - 2020

570 135 267
2020 - 2021 336 119 225
2021 - 2022 634 412 222

Total

11150

6390

4760

%

100%

57%

43%

3.4 Net completed affordable homes

Table 9 - Proportion of net affordable homes against total homes delivered on major developments

Financial year (1 April to 31 March)

Total homes delivered on major developments with 10 or more units

Affordable homes completed overall

Percentage of affordable homes

2004 - 2005

1008

161

16%

2005 - 2006

1157

278

24%

2006 - 2007

1701

735

43%

2007 - 2008

1079

536

50%

2008 - 2009

775

299

39%

2009 - 2010

1119

700

63%

2010 - 2011

1334

559

42%

2011 - 2012

847

593

70%

2012 - 2013

833

488

59%

2013 - 2014

1456

483

33%

2014 - 2015

1031

109

11%

2015 - 2016

978

113

12%

2016 - 2017

2196

552

25%

2017 - 2018

591

184

31%

2018 - 2019

3226

626

19%

2019 - 2020

1642 569 37%
2020 - 2021 870 315 36%
2021 - 2022 1108 345 31%
2022 - 2023 1998 607 30%

Total

24949

8252

 

Annual Average

1313

434

 

Across the 19-year reporting period, 45% of the 8,010 new additional affordable homes built were social rented at 3,475 units (Table 10). It is important to look at the affordable housing delivery over a longer timeframe. This is due to the way the source monitoring system records units lost and the long-term nature of large regeneration schemes

These are the completed regeneration schemes in 2014/2015 and 2015/2016:

  • Trafalgar Place, SE17 (part of the former Heygate Estate regeneration programme)
  • Site C5 of Bermondsey Spa regeneration, SE1
  • Silwood Estate regeneration, SE16
  • Camberwell Fields (part of the former Elmington Estate

Table 10 - Net completed affordable homes by tenure

Financial year (1 April to 31 March)

Affordable homes total

Social Rent

Intermediate

2004 - 2005

161

50

111

2005 - 2006

278

69

209

2006 - 2007

735

330

405

2007 - 2008

536

63

473

2008 - 2009

299

159

140

2009 - 2010

700

421

279

2010 - 2011

559

146

413

2011 - 2012

593

459

134

2012 - 2013

488

326

162

2013 - 2014

483

299

184

2014 - 2015

109

-121

230

2015 - 2016

113

-166

279

2016 - 2017

552

371

181

2017 - 2018

184

90

94

2018 - 2019

626

190

436

2019 - 2020

569 134 435
2020 - 2021 336 119 217
2021 - 2022 403 262 140
2022 - 2023 634 412 222

Total

8357

3613

4744

%

100%

43%

57%

Page last updated: 13 March 2024

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