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Roland Perry · September 10th 15, 01:45 PM posted to uk.transport.london

In message , at 16:31:07
on Wed, 9 Sep 2015, remarked:

There are a few brown-site developments in the City Centre, but they
are usually at the high end of the market (eg £500k for two beds).

The large amount of (fairly) recent building on former employment sites,
mainly ex-Philips like at St Andrew's Road and St Matthew's Gardens, is
more reasonably priced. And some 30% is affordable housing (40% on newer
developments).

St Matthew's Gardens is a bit cheaper with 3/4 bed houses nudging
half a million. St Andrews Road, on the other hand, is much more
expensive for freehold 3/4 beds with several valued at the moment in
the 700-800k bracket. Leasehold 2 bed flats are around 400k.

Both developments have affordable housing elements which wouldn't be visible
by the means you are looking at.

Assuming the leasehold flats in those developments are the "affordable"
element, then they also appear. But the audience for affordable housing
is so restricted it doesn't help the average person find somewhere to
live. They are stuck with the "unaffordable" half, which is even more
expensive than it would otherwise be, on account of the cross-subsidy.
--
Roland Perry