Hampshire County Council has collected over £2m from residential parking permits since 2020, according to data obtained by cinch
New data has revealed that Hampshire County Council has collected more than £2m from residential parking permits since 2020, with revenue almost quadrupling in five years.
The council generated £170,650 from parking permits in 2020 while it made £791,912 from them in 2024.
In total, Hampshire County Council has collected £2,060,037 from residential parking permits since 2020.
These figures were obtained through a Freedom of Information (FOI) request by cinch, the UK’s biggest online used car retailer.
The massive increase in annual parking permit revenue is down to the increase in cost of a permit across Hampshire, and a higher demand for them from residents.
The number of residential parking permits issued in the county has grown by 213 per cent in four years, from 4,161 in 2020 to 13,052 in 2024.
The biggest spike in demand occurred between 2022 and 2023, when issued permits jumped by 82 per cent.
cinch’s motoring editor Sam Sheehan said: “Parking permits can be great for making sure residents have somewhere to park near their homes, but there should be a balance between affordability and accessibility.
“Our research shows that parking permits are getting more expensive across the UK, putting extra financial strain on residents already dealing with rising living costs.
“Multi-car households are often the most affected. Second and third permits come at a premium and can be as much as four times more expensive than a first permit in some areas.”