2022 Student Accommodation
CUSHMAN & WAKEFIELD 22
PRICING SEGMENTATION
AVERAGE WEEKLY EN-SUITE RENT
CHANGE VS 2013/14
£235.93 £198.52 £184.38 £180.60 £155.92 £157.94 £155.72 £155.46 £136.61 £132.42
£92.93 £63.72 £42.80 £59.73 £39.41 £44.06 £29.07 £52.58 £23.64 £34.00
BRIGHTON
BATH
BRISTOL
MANCHESTER
LEEDS
BIRMINGHAM
GLASGOW
NOTTINGHAM
LIVERPOOL
SHEFFIELD
Source: Cushman & Wakefield Student Accommodation Tracker
Segmentation of rents across markets continues, and clear differentials can be seen between average rents for the same quality product in “low”, “medium” and “high” rent markets. An average rent for a good quality scheme in Cardiff, Liverpool, Newcastle and Sheffield is priced at £143.71 per week, 16% lower than the £166.13 seen in the mid-priced Birmingham, Nottingham, Leeds or Southampton. In turn, this rent is 18.5% lower than that seen in expensive markets such as Bristol, Bath and Manchester, £203.72. Considering a typical 44 week length, a student in a high priced market could therefore be paying £2,641 more per annum for the same quality room than a student in a low priced location – 95% or 67% of the maximum Student Maintenance Loan respectively.
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