London's Pulse: Medical Officer of Health reports 1848-1972
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Hints from the Health Department. Leaflet from the archive of the Society of Medical Officers of Health. Credit: Wellcome Collection, London
London County Council 1913
[Report of the Medical Officer of Health for London County Council]
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Housing of the Working Classes—Accounts
243
A statement is appended (page lix.) showing the estimated commercial value and housing value
of all sites utilised for the erection of working class dwellings under Parts I. and II. of the Act, whether
the dwellings have been erected by private enterprise or by the Council. As regards sites sold to
Dwellings Companies, the aggregate commercial value at the time of disposal is estimated at £472,100,
and the aggregate housing value as represented by cash received from Dwellings Companies is £198,915
(page lix.), the difference of £273,185 being charged against the clearance schemes. The aggregate
commercial value on the same basis of sites acquired or appropriated by the Council is estimated at
£465,804, and the housing value charged to dwellings accounts at £163,361 (page lix.), the difference
of £302,443 being charged against the clearance schemes.
The statement on page lviii. shows the capital expenditure on the clearance of insanitary areas
under Parts I. and II. of the Housing of the Working Classes Act, 1890, as distinct from the expenditure
on dwellings. The net capital expenditure to 31st March, 1914, under both parts of the Act for
clearance schemes, amounted to £2,563,161 11s. 11d. The capital expenditure during the year 1913-14
amounted to £45,036 9s. 10d., and was chiefly in respect of the new Tabard-street, etc., scheme.
Capital
expenditure
on clearance
schemes.
Dwellings under Improvement Acts.
These dwellings were erected in pursuance of statutory obligations to provide rehousing
accommodation for persons displaced by improvements, etc., under various Acts of Parliament.
Certain dwellings were erected on sites on which, owing to their character or situation, an unfavourable
financial result was from the first anticipated; these are shown under a separate head.
The result of the year's working of Dwellings under Improvement Acts (details on pages xlix.
and 1.) is a net surplus of £4,133 9s., as compared with £3,093 18s. 9d. in 1912-13.
The gross rental for the year from dwellings was £56,234 7s. 7d. (page xlix.). Deducting there from
allowances for empties, caretakers' quarters, and amounts irrecoverable, the net rental amounted to
£54,066 17s., exclusive of £247 12s. 1d. for interest on cash balances. The amount of rent irrecoverable
was £45 6s. 1d., or only 0.08 per cent, of the gross rental. The total loss of income due to "empties"
was £1,556 14s. 3d., or 2.77 per cent, of the gross rental, as against 4.22 per cent, in 1912-13. The
greater part of this loss occurred on three estates, viz. : Durham Buildings (£337 or 21.10 per cent, of
gross rental), Hughes Fields Dwellings (£90 or 14.02 per cent.) and Swan-lane Dwellings (£541, or 13.13
per cent.), which account for £968.
Results of
year.
Income.
The total expenditure on dwellings was £50,181.
| 1912-13. £ | Per cent, of gross rental | Working Expenses— | 1913-14. £ | Per cent, of gross rental. | Expenditure. |
|---|---|---|---|---|---|
| 4,523 | 8.10 | Supervision and collection of rent | 4,594 | 8.17 | |
| 8,258 | 14.79 | Rates and taxes (less tax on interest on debt recovered) | 9,096 | 16.18 | |
| 2,532 | 4.53 | Lighting, heating, water and insurance | 2,582 | 4.59 | |
| 86 | 0.15 | Stores and incidentals | 102 | 0.18 | |
| 5,293 | 9.49 | Repairs and renewals (transfers to fund) | 5,286 | 9.40 | |
| 20,692 | 37.06 | 21,660 | 38.52 | ||
| Debt Charges— | |||||
| Interest (gross)— | |||||
| Land £3,343 | |||||
| Buildings 19,971 | |||||
| 24,512 | 43.90 | 23,314 | 41.46 | ||
| Sinking Fund— | |||||
| Land 722 | • | ||||
| Buildings 4,485 | |||||
| 4,762 | 8.53 | 5,207 | 9.26 | ||
| 49,966 | 89.49 | Total Expenditure | 50,181 | 89.24 | |
| 2,957 | 5.30 | Net deductions from gross rental (empties, etc.) | 2,167 | 3.85 | |
| 2,913 | 5.21 | Surplus on dwellings (excluding interest on cash balances) | 3,886 | 6.91 | |
| 55,836 | 100.00 | Gross rental | 56,234 | 100 .00 |
The amount standing to the credit of this fund on 31st March, 1914, was £20,004 14s. 9d., of
which £19,103 4s. 2d. was invested (page lvii.). The credits to this fund during the year exceeded the
expenditure thereout by £688 4s.
The capital expenditure during the year 1913-14 amounted to £186 18s. 4d. (page xli.), and the
total expenditure on capital account to 31st March, 1914, in respect of Dwellings under Improvement
Acts amounted to £743,538 2s. 4d. (page xlii.). The Summary of Financial Results (pages lv. and
lvi.) shows the apportionment of this figure as between land and buildings.
The practice with regard to charging to the capital account of the dwellings, the value of the
site is the same as for dwellings erected to rehouse persons displaced by clearance schemes under Parts I.
and II. of the Housing Act (see page 242).
Repairs and
renewals
fund.
Capital
expenditure
and debt on
dwellings.
A statement is appended (page lix.) showing the estimated commercial value and housing value
in respect of all sites utilised for the erection of working class dwellings under Improvement Acts,
whether the dwellings have been erected by private enterprise or by the Council. As regards sites
sold to Dwellings Companies, the aggregate commercial value at the time of disposal is estimated
at £255,435, and the aggregate housing value as mainly represented by cash received from Dwellings
23610 II 2