The council's stock of dwellings increased during the year from 11,045 to 11,120, a net increase of 75 dwellings. This increase is due to the redevelopment on the regeneration estates. In addition to the units listed below, the council also owns the freehold on 4,772 flats with leaseholders paying service charges and contributing towards the cost of major works to the block.
The number of dwelling units at the end of the year was made up as follows:
| 31 March 2025 | Movement during the year | 31 March 2026 | ||||
| Stock type | Units | RTB Disposals | Other Disposals | Acquisitions | Reclassification | Units |
|---|---|---|---|---|---|---|
| Flats | 8,177 | (55) | (32) | 90 | (3) | 8,177 |
| Houses | 2,538 | (24) | (1) | 1 | - | 2,514 |
| Temporary Accommodation (Hostels) | 201 | - | 111 | - | 312 | |
| Shared Ownership | 110 | - | (12) | - | - | 98 |
| Short Leases | 19 | - | - | - | - | 19 |
| Total Dwellings Units | 11,045 | (79) | (45) | 202 | (3) | 11,120 |
The vacant possession value of dwellings within the HRA as 31 March 2026 is £3,632m. The difference between the vacant possession value and the balance sheet value of dwellings within the HRA show the economic cost to government of providing council housing at less than market rents.
| 31 March 2025 | 2025/26 | 31 March 2026 | |||
| Non-current Assets Valuation | Total Non-Current Assets £000's | Council Dwellings £000's | Non-Dwellings £000's | Assets Under Construction £000's | Total Non-Current Assets £000's |
| Opening Net Book Value | 1,031,933 | 938,177 | 23,206 | 100,593 | 1,061,976 |
| Revaluations | (23,870) | (32,583) | 1,859 | - | (30,724) |
| Impairments | (2,959) | (58) | (58) | ||
| Capital Expenditure | 95,917 | 38,437 | 287 | 121,441 | 160,165 |
| Disposals | (4,166) | (7,464) | - | - | (7,464) |
| Derecognitions | (19,989) | (58) | (21) | - | (80) |
| Depreciation for the year | (14,420) | (13,655) | (660) | - | (14,316) |
| Reclassification | - | 8,149 | - | (8,149) | - |
| Other movements | (454) | - | - | - | - |
| Closing Net Book Value | 1,061,993 | 930,943 | 24,671 | 213,885 | 1,169,499 |