As at 31 March 2019, using the Sedgefield method.
A. Requirement to be delivered in the plan period | 9,200 |
B. Requirement to be delivered by 31 March 2019 (361 x 8) | 2,888 |
C. Completions by 31 March 2019 | 2,463 |
D. Under supply since start of plan | 425 |
E. Further requirement to 31 March 2024 (361 x 5) | 1,805 |
F. Total requirement to 31 March 2024 (D + E) | 2,230 |
G. Requirement including 20% buffer | 2,676 |
H. Annualised requirement (G ÷ 5) | 535 |
I. Supply from proposed allocations (19/20 to 23/24) | 248 |
J. Commitments as at 31 March 2019 | 2,981 |
K. Total supply as at 31 March 2019 | 3,229 |
L. Years supply (K ÷ H) | 6.0 years |