Annualised 40-Year Stock Condition Cost

The Annualised 40-Year Stock Condition Cost report compares forecast maintenance expenditure across all Housing Groups within your organisation. It includes Asset Management costs associated with both properties and blocks.

Note: This report is available only when the optional Asset Management module has been enabled for your Affinity account.

For each Housing Group, the report displays:

• Number of properties
• Annualised Planned Maintenance cost
• Annualised Compliance Maintenance cost
• Total Annualised Stock Condition cost

Each annualised figure is a 40-year annual average. It is calculated by adding the relevant forecast costs across the 40-year forecast period and dividing the result by 40.

The figures do not represent expenditure due in the current year or in any particular year. Actual forecast expenditure may vary considerably from year to year depending on when component replacements and compliance checks are scheduled. Use the Stock Condition Costs report for the year-by-year forecast.

Planned and Compliance Maintenance totals include the forecast costs of Property Components, Block Components and their associated Compliance Checks. Block costs represent shared block assets and compliance obligations. They remain assigned to the relevant block and are included once within its Housing Group; they are not allocated or duplicated across the block’s properties or units.

The report provides a high-level comparison of the long-term average Asset Management requirement for each Housing Group and can support long-term budgeting and investment planning.

Note: The report includes Asset Management costs only for active properties and blocks for which Year Built has been recorded. Archived properties and blocks are excluded.