A recent article by Business Insider highlighted some of the cheapest university cities for students in the UK. With A-Level results recently released we took the opportunity to look into three of the cheapest listed areas to examine their property market statistics further. The three cities that we are going to look at using TwentyCi’s Homemover Data are Coventry (Coventry University), Birmingham (Aston University) and Stoke-On-Trent (Keele University) which are ranked 8th, 10th and 11th respectively. The rankings in the article were based on student expenses with specific aspects such as weekly rent, taxi fares and gym membership examined. For this edition, we're going to look at the cost to purchase in those towns, perhaps as a buy-to-let opportunity, and then the average rental prices based on a monthly rental amount.
On the Market Properties
Stoke-on-Trent is the best priced city of the three with an average asking price of £210,211. Birmingham is slightly higher priced with an average asking price of £265,897, and Coventry is the highest priced city with an average asking price of £292,615.
Rental Market Properties
Like the On the Market Properties, Stoke-on-Trent is the best priced of the three cities with an average rental price of £561 pcm. Birmingham is slightly higher priced with an average rental asking price of £733 pcm and again, Coventry is the highest priced city with an average rental asking price of £1,058 pcm.
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