Student Property - Where Are The Future Graduates Going?
It’s that time of year again – A Level results are out. For the first time in over 30 years the pass rate is down and there has also been a slight fall in the number of A* and A grades awarded.
Maths is now the most popular A-level subject while modern languages are becoming less popular.
However, despite the lower grades achieved, more students than ever before will gain a place at a university this year. There are an extra 30,000 university places available and it is expected that for the first time over 500,000 places will be allocated for courses this autumn.
Given the higher tuition fees now being charged, students will be keener than ever to cut down on living costs. So where are rents cheapest?
Cheapest Average Rent – Top 10 (average student rental per week):
1. Teesside University (£43.68)
2. University of Glamorgan (£45.74)
3. Staffordshire University (£46.69)
4. University of Hull (£47.72)
5. Queen's University Belfast (£51.10)
6. University of Ulster (£51.10)
7. University of Bolton (£55.08)
8. University of Derby (£55.15)
9. University of Salford (£55.35)
10. University of Central Lancashire (£56.43)
At the other end of the spectrum the highest rents were unsurprisingly found in London, where the average rent per week for students is £108.03. Other expensive places to study were Exeter (£94.61 p/w), Brunel (91.54 p/w), Surrey (£91.23 p/w) and Cambridge (£90.86 p/w).
Now we take a look at the highest tuition fees in the UK
Top 10 Most Expensive Tuition Fees (per year):
1. London School of Economics – £28,968
2. Imperial College London – £28,831
3. St George's London – £27,015
4. University College London – £25,020
5. Royal Veterinary College – £24,936
6. University of Cambridge – £24,926
7. King's College London – £24,798
8. University of Oxford – £24,773
9. Queen Mary London – £23,961
10. City University London – £23,674
With the continuing success of the UK Property Market, many parents in the fortunate position to do so have been buying property in areas close to a child’s college, further fuelling the possible boom of course!
There will be, no doubt a great many estate agents, landlords and letting agents who will be very pleased that so many people want that all important university education.
Written By Sam Hare.
Posted on in Buying