The map and table show the average gain on households’ primary residences from the removal of Council Tax and Stamp Duty Land Tax and introduction of a Proportional Property Tax levied yearly at 0.48% of property value. Results are for England only and are modelled on a cash basis over five years, with changes annualised. Property valuations are drawn from open data from HMLR. We use the (property-type specific) ONS HPI to bring the valuation to the current year. Sales that are not full market value (help to buy, shared ownership etc) are filtered out. Where there are multiple sales for a property we use the most recent sale. Proportion of households better off includes those households enjoying a cash gain from the introduction of PPT and those seeing no change (who will see the wider economic benefits of the policy). Constituencies where fewer than 50% of English households gain are coloured in white.
