House Sales and LHS Datapack

Stuart LawCommunities ASD

LHS Data pack

• Initially contained two datasets– Registers of Scotland derived house sales

data– CACI Paycheck model at postcode sector

level

• Amended in 2008 to also include– House sales by type and size– SCORE

CACI Paycheck

• Commercial product detailing household income at local level.

• “using information on over 4 million households from CACI's lifestyle database, in conjunction with Census and market research data to increase statistical reliability.”

• We pay a license fee to CACI to enable us to distribute postcode sector data to authorities.

• CACI have enabled LAs to upgrade to full postcode level Paycheck at discounted cost – contact Simon Power spower@caci.co.uk for information.

£20,000

£25,000

£30,000

£35,000

£40,000

£45,000

1 2 3 4 5 6 7 8 9 10

Decile

Me

an

Inc

om

e

House Price Data

• Originates at Registers of Scotland (RoS). Supplied by LVIU at University of West of Scotland (under review).

• RoS record “change of ownership” – this results in data noise especially where property changes ownership with either no or small amounts of money being involved.

• To limit noise – limit your analysis to only those records tagged as either “Second Hand” or “Company New Build” – the majority of these will be clean Market Value transactions.

House Sale Types 2003 - 2007

0.0%

10.0%

20.0%

30.0%

40.0%

50.0%

60.0%

70.0%

Company salesnew build

Company salesother

Likely LVIUerror in sale

Other publicsector sales

Other sales Right to buy Second Hand Sharedownership

Transfersbetween social

Sale Type

%ag

e S

ales

Lower Quartile Sales in City of Edinburgh

60,000

70,000

80,000

90,000

100,000

110,000

120,000

130,000

140,000

2003 2004 2005 2006 2007

Year

All Sales

Second Hand / New Build

`

House Sales by Type and Size

• Derived by blending the RoS house price data with the Council Tax register from the Scottish Assessors Portal.

• Enable finer grained analysis by using size of property e.g. prices of 2 apartment flat.

• Used by Scottish Government in setting thresholds for Open Market LIFT.

• Unit level data provided to Authorities.

CLEANING AND MATCHING PROCESS

RAW RoSRAW ASSESSOR

QAS QAS

RoS ASSESSOR

MATCH FIELD

NEW DATABASE

Sample Results (Aberdeen City)

House Type Apartments Count Average PriceTERRACED 1 1 £ 44,000

2 69 £ 48,761 3 199 £ 68,773 4 280 £ 61,862 5 155 £ 78,415 6 45 £ 194,259 7 14 £ 218,215 8 12 £ 251,127 9 2 £ 259,500

10 2 £ 427,500

Council Area Average £ 91,984

Comparison with external research

Ours Fordham Difference1 bed £54,539 £55,332 1.43%2 bed £92,739 £92,842 0.11%3 bed £140,986 £133,786 5.11%4 bed £210,306 £223,589 5.94%

Median Price for Second Hand Sales in Edinburgh

50,000

100,000

150,000

200,000

250,000

300,000

2003 2004 2005 2006 2007

Year

Pri

ce (

£)2 Apt

All

5 Apt

SCORE – Scottish Continuous Recording System

• SCORE contains a rich amount of detail captured at the point of a new let being made. It contains information on:– the demographic characteristics of tenant households;

– the pathway by which a household has become a RSL tenant;

– the financial profile of tenant households;

– the type and condition of the property being let;

– the financial aspects of the let being made, including rent and affordability.

SCORE – Scottish Continuous Recording System

• Hope to extend SCORE to Local Authorities and be able to provide and analyse the full Social Rented Sector.

• Collection would be via Electronic Data Collection from Authorities Housing Management Systems

• www.scoreonline.org.uk

Contacts / Further info

• Stuart Law

• Simon Power

www.scoreonline.org.uk