Value For Money Statement 2016 VFM Statement 2017 | Page 7

1 TIME SERIES ANALYSIS – SOCIAL HOUSING LETTINGS TOTAL OPERATING
COSTS PER HOME, SOCIAL HOUSING LETTINGS OPERATING MARGIN
36% £3,500
34% £3,400
£3,300
32%
£3,200
30%
£3,100
£3,000
28%
£2,900
26%
£2,800
24%
£2,700
22%
£2,600
20%
2012
2013
2014
2015
Chart 1 highlights both the improved performance for Social
Housing operating margins and Social Housing costs per
unit measurements.
2016
2017
£2,500
Social housing lettings operating margin
Social housing lettings total operating costs per home
2 TIME SERIES ANALYSIS – INVESTMENT IN NEW HOMES AND NUMBER OF HOMES MANAGED
£40,000
13,000
£35,000
12,500
£30,000
12,000
£25,000
11,500
£20,000
11,000
£15,000
10,500
£10,000
10,000
£5,000
0
2012
2013
2014
2015
Chart 2 highlights Accord’s continued commitment to investment in the delivery
of new homes and also how the number of homes in management has increased
over time. The completion of the 2011-15 Affordable Homes Programme and the
commencement of the subsequent programmes are the reason for the reduced
investment in 2016.
2016
2017
9,500
Investment in new homes (£000)
Number of homes in management
Value For Money Statement 2017
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