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2 York Council houses have been valued at over £400,000 according to figures issued by the Local Authority.
More typically though over 90% of homes have been valued at less than £150,000.
York has 7745 Council house and flats with an estimated total value of over £800 million.
The Government recently announced plans to offer council tenants, wishing to purchase their homes, discounts of up to £75,000, arguing that the discount will help encourage “strong families and stable communities”.
Families could receive a 35% discount after five years’ residency, with an extra 1% for each additional year, up to a maximum of £75,000.
Tenants in flats will get 50% off after five years, with 2% added yearly. The money raised from sales will go towards building more social housing.