"Housing provides the base from which people live their lives, connecting them to work, education, services and their communities. The affordability of housing, alongside the stability, quality and size of homes, is crucial in itself, but also, if unaffordable, can drag occupants into poverty... At worst, households facing unaffordable housing costs can experience destitution, homelessness or rough sleeping." — JRF poverty report 2023.

This is the Housing spotlight page for Monument.

Key indicators

The following analysis reflects the experience across the population of Monument.

Housing tenure mix

Long-term housing tenure data is only currently available at Local Authority level.

Shorter-term housing tenure data is only currently available at Local Authority level.

Local Housing Allowance shortfall

What's on this chart?

LHA used to be benchmarked to the the 30th percentile of rental prices but has been frozen in cash terms since April 2020. As a result LHA now lags the rental prices in some areas.

LHA shortfall data is currently only available at Local Authority Level.

Median house prices

What's on this chart?

This chart shows median house prices over time in Monument.

Dataset

House Prices
Monument
Year1017776000000121777600000014177760000001617776000000817776000000Median House Prices (£)0150k150k200k250k300k350k50kMonument 1995-12-01: 51500Monument 1996-03-01: 50475Monument 1996-06-01: 48000Monument 1996-09-01: 49000Monument 1996-12-01: 50250Monument 1997-03-01: 51000Monument 1997-06-01: 52850Monument 1997-09-01: 52375Monument 1997-12-01: 53000Monument 1998-03-01: 53000Monument 1998-06-01: 55000Monument 1998-09-01: 57750Monument 1998-12-01: 60000Monument 1999-03-01: 59995Monument 1999-06-01: 62500Monument 1999-09-01: 60000Monument 1999-12-01: 64500Monument 2000-03-01: 68000Monument 2000-06-01: 68500Monument 2000-09-01: 69000Monument 2000-12-01: 68975Monument 2001-03-01: 68750Monument 2001-06-01: 71500Monument 2001-09-01: 72000Monument 2001-12-01: 81000Monument 2002-03-01: 86000Monument 2002-06-01: 101000Monument 2002-09-01: 123000Monument 2002-12-01: 125500Monument 2003-03-01: 125000Monument 2003-06-01: 128500Monument 2003-09-01: 140000Monument 2003-12-01: 145000Monument 2004-03-01: 150000Monument 2004-06-01: 150000Monument 2004-09-01: 158500Monument 2004-12-01: 164995Monument 2005-03-01: 168000Monument 2005-06-01: 163836Monument 2005-09-01: 168000Monument 2005-12-01: 165250Monument 2006-03-01: 163020Monument 2006-06-01: 175000Monument 2006-09-01: 169500Monument 2006-12-01: 170000Monument 2007-03-01: 172450Monument 2007-06-01: 170000Monument 2007-09-01: 170000Monument 2007-12-01: 170000Monument 2008-03-01: 169500Monument 2008-06-01: 168000Monument 2008-09-01: 169500Monument 2008-12-01: 169000Monument 2009-03-01: 183000Monument 2009-06-01: 175000Monument 2009-09-01: 146000Monument 2009-12-01: 150750Monument 2010-03-01: 135000Monument 2010-06-01: 139475Monument 2010-09-01: 140000Monument 2010-12-01: 140000Monument 2011-03-01: 145000Monument 2011-06-01: 135000Monument 2011-09-01: 108000Monument 2011-12-01: 92750Monument 2012-03-01: 91125Monument 2012-06-01: 90000Monument 2012-09-01: 103500Monument 2012-12-01: 124000Monument 2013-03-01: 124475Monument 2013-06-01: 125000Monument 2013-09-01: 128000Monument 2013-12-01: 124974.5Monument 2014-03-01: 125000Monument 2014-06-01: 122500Monument 2014-09-01: 125000Monument 2014-12-01: 115000Monument 2015-03-01: 114000Monument 2015-06-01: 115000Monument 2015-09-01: 109000Monument 2015-12-01: 128250Monument 2016-03-01: 133000Monument 2016-06-01: 134568Monument 2016-09-01: 132851.5Monument 2016-12-01: 131000Monument 2017-03-01: 131000Monument 2017-06-01: 137750Monument 2017-09-01: 150000Monument 2017-12-01: 155000Monument 2018-03-01: 155000Monument 2018-06-01: 153250Monument 2018-09-01: 142500Monument 2018-12-01: 140000Monument 2019-03-01: 139950Monument 2019-06-01: 142475Monument 2019-09-01: 147250Monument 2019-12-01: 149000Monument 2020-03-01: 145000Monument 2020-06-01: 149000Monument 2020-09-01: 156500Monument 2020-12-01: 164000Monument 2021-03-01: 170000Monument 2021-06-01: 170000Monument 2021-09-01: 155000Monument 2021-12-01: 150250Monument 2022-03-01: 150000Monument 2022-06-01: 145000Monument 2022-09-01: 138000Monument 2022-12-01: 137750Monument 2023-03-01: 137250

Current median rental prices by type of property

What's on this chart?

This chart shows current median rental prices by type of property in Monument.

Dataset

No data available at this level.

Tenure type and poverty rates

What's on this chart?

This chart shows the poverty rates by type of tenure in Monument, both before and after housing costs. The threshold for low income poverty is households below 60% of median net household income in latest prices.

Dataset

HBAI by type of tenure

No data available at this level.

Poverty rates by tenure type (AHC)

What's on this chart?

This chart shows the poverty rates by type of tenure in Monument. The threshold for low income poverty is households below 60% of median net household income (after housing costs) in latest prices.

Dataset

HBAI by type of tenure

Things to add: Current and historic tenure mix - drawing on census data - Social housing sales - RTB - completions of new homes relative to existing stock

No data available at this level.

Lower quartile rent to lower quartile earnings ratio

What's on this chart?

This chart shows the ratio of lower quartile rent for a 2 bedroom property to lower quartile earnings across different areas in Monument. A higher value means the average person spends a larger proportion of their earnings on rent.

Dataset

Demographic breakdown

People living in households below average income by age category

What's on this chart?

This chart shows the the poverty rates by by age category in Monument. The threshold for low income poverty is households below 60% of median net household income (after housing costs) in latest prices.

Dataset

HBAI by age category

No data available at this level.

Council tax support

What's on this chart?

This chart shows the number of people claiming council tax support in Monument.

Dataset

Council Tax Support

No data available at this level.