Research and analysis

Sources and notes on supplementary VfM metrics

Published 14 December 2018

Applies to England

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This publication is available at https://www.gov.uk/government/publications/2018-global-accounts-of-private-registered-providers/sources-and-notes-on-supplementary-vfm-metrics

VfM metrics

All the metrics have been derived using FVA data as per the VfM Metrics Technical Note (annex A).

Supplementary information

Supplementary information has been detailed in areas which have been shown to be key contextual factors.

Tenure

  • % Supported Housing (excl HOP): Number of Supported Housing, excluding HOP, units owned or managed divided by the Total Number of Social Housing units owned or managed, as reported in the 2018 SDR.

  • % Housing for Older People: Number of Housing for Older People, including Care Home, units owned or managed divided by the Total Number of Social Housing units owned or managed, as reported in the 2018 SDR.

LSVT

  • Type: A provider has been defined as an LSVT if the total number of units transferred into the entity accounts for over 50% of their current social stock; otherwise they have been defined as Traditional.

  • Date of Largest Transfer: For providers defined as LSVT. Where there has been more than one transfer into an entity it gives the date of the largest transfer, by tenanted stock, following RSH records of stock transfers.

  • LSVT Age: Uses the date of the largest transfer to band LSVT entities by age. The three bands used are < 7 years, 7-12 years & > 12 years

Region

  • Region with 50%+ of social stock owned: Defined as the region where the provider holds more than 50% of its owned Social Housing stock as reported in the 2018 SDR; if no such region exists then the provider is defined as “Mixed”.

  • ASHE Regional Wage Index (England = 1): An index calculated using data on relative regional administrative and construction sector earnings Annual Survey of Hours and Earnings (ASHE) for 2017 and information on Social Housing units owned by region as reported in the SDR. The England average is 1.

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