As part of our ongoing programme of research we regularly review rents. We do this by using the rental data from our website as well as from external sources.
This year we have reviewed rents across private housing, private halls and university owned halls, to complete a comprehensive picture of the current state of the market.
It is interesting to note that while much of the broader coverage of rents in the student accommodation sector focuses on the premium end of the private halls of residence market, there are actually a wide range of rents available, presenting a picture of a healthy and functioning student accommodation sector.
Private landlords continue to provide value (and above average levels of satisfaction) with the average rent value (ARV) per week for a bedroom in 2017 at £89, an increase of 2% from the previous year. 59% of such accommodation now have bills included, which, on average, adds £14 per week to the rent.
At the other end of the scale the ARV per week of a private hall is £168. There is a significant regional variation in this figure, with a room in a hall costing £279 in London, for example. While such headline prices continue to attract media interest, this sector saw only a modest rise in rents in 2017 (1.4%) and within this some cities even saw a decrease in rents Kingston, Oxford, Leeds, Newcastle, Cambridge, Nottingham, Lancaster),
Broadly speaking, University halls sit somewhere in the middle, with an ARV per week of £135. The weekly ARV of university halls is £42 more expensive than traditional digs and £29 cheaper than private halls.
There is therefore a good range of choice provided by the different types of accommodation available to students. If you are interested in further detail a full copy of the report on each sector is available by emailing [email protected]
