The price of student accommodation has doubled in the last ten years, a new study shows.
Martin Blakey, Chief Executive of Unipol Student Homes, said: “It is important for universities and colleges to acknowledge the vital role they have to play in enhancing access by providing distinctive and affordable accommodation for their students within a not for profit framework.”
At Kingston University, the price rise for halls of residence has not been as drastic, however KU students’ typical rent is around the same as the national average.
Students starting at Kingston in 2004 paid £87.75 for a standard ensuite room at either Clayhill or Seething Wells. This year students are paying £115.50 a week, an increase of a third over the last 8 years.
Kingston University Accommodation Manager Kristian Drane said: “Comparisons with universities in other areas of the country are difficult. Kingston is a highly sought-after part of London with very high land costs. Providing affordable accommodation in this market is, therefore, a challenge not replicated outside of London.”
Even though the rise in student accommodation rent has not been as dramatic as in other areas of the country, the average price for students properties advertised on the University’s daily vacancy list is lower than what a student would pay for a room in halls.