Strategic Housing Market Assessment and Housing Needs
Survey
A Strategic Housing Market Assessment (SHMA) is a study
conducted to enhance the council’s awareness of how the housing
market functions and underpins the development of housing,
planning, economic development and regeneration policies and
strategies. The SHMA is a crucial part of the evidence base used to
inform both the Local Development
Framework documents and the Housing
Strategy (PDF 1MB).
Strategic Housing Market Assessment
A Strategic Housing Market Assessment has
been carried out for Tower Hamlets in 2009. This
will help Tower Hamlets decide were we should encourage development
of the right types of homes in the right places. The
assessment has been carried out in accordance with the Government's
guidance note 'Strategic Housing Market Assessments: Practice
Guidance' with guidance from the Tower Hamlets Housing Partnership.
The SHMA also involved reviewing a wide range of secondary data as
well as obtaining views and information from a wide range of
stakeholders.
The study provides a wealth of analysis,
including information on:
- The housing market in Tower Hamlets in
relation to neighbouring markets
- How the housing market operates, key drivers
and relationships within the market
- Levels of housing need and demand that will
inform the development of local planning and housing policies
- The mix and size of market and affordable
housing required.
The SHMA explores current and future housing
need in some detail and estimates the number of current and future
households in housing need. It also provides an analysis of the
available stock and requirements of existing affordable housing
tenants for different sizes of properties.
The report makes a range of recommendations on
the issues of: Balancing the Housing Market, Affordable Housing
Targets, Site Size Thresholds, Affordable Tenure Mix Targets,
Property Size Targets, Housing Strategy and Older Persons Housing
Needs.
A
summary of the findings from Tower Hamlets SHMA
(PDF 5K) is available to download.
This study will contribute to the sub-regional
Strategic Housing Market Assessment being carried out by the
East London Housing
Partnership and will feed into and form a part of
the evidence base used for the sub-regional study.
Housing market survey
A key component of the SHMA is a household
survey. In Tower Hamlets, this involved face to face interviews
with over 1700 residents on issues such as residents’ past moves,
future intentions, household characteristics and financial
circumstances. A separate report on the survey findings is
available from the Strategic Housing Team and was also been made
available as part of the consultation process.
How to contact us
Strategic Housing
Mulberry Place (AH)
5 Clove Crescent
London E14 2BG
Tel: 020 7364 6250
Fax: 020 7364 2533
Email: strategic.housing@towerhamlets.gov.uk