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At a guess they would have bought them when they were very cheap and when it was politically acceptable and desirable for them to do so (50s-70s). Unlikely to be CP, probably just the buyer of last resort because the houses were fucked and couldn’t be sold easily on the open market.
Howard-
I remember reading an article by someone who was talking about a move their parents made as a child. Their parents were tossing up whether to buy a townhouse in Islington, or something newer in Guildford with a garden for similar money; the London prices were apparently running so much cheaper then that the two were sort of comparable.
They went for Guildford, 30 - 40 years later there's quite a difference in those house prices...
christianSpaceman
I was talking to the guy next door to me and he mentioned that the council owned the property (they were putting scaffolding up to do some work). By coincidence it was the same in the last place I lived. Both were Victorian terraces.
I was just wondering how the council ends up owning odd properties like these? Was there an investment strategy of buying up properties or were places compulsory purchased at some point or something? Anyone any ideas?