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With A-Level results out this week and the same week the Chartered Institute of Housing (CIH) proclaimed “The Golden age of home ownership comes to an end”, we’ve looked into change in property values in the top 20 University locations over the last 12 months.
We recently released our Rent v Buy index which reveals that buying a home beats renting in 74% of cases around Britain.
Change in average property values in University cities
| University City | Avg. ValueAugust 2010 | Avg. ValueAugust 2009 | 12 Month Change (£) | 12 Month Change (%) |
|---|---|---|---|---|
| Bath | £307,488 | £272,106 | £35,382 | 13% |
| Brighton | £263,371 | £241,441 | £21,930 | 9.08% |
| Loughborough | £185,024 | £172,521 | £12,503 | 7.25% |
| Oxford | £332,845 | £311,892 | £20,953 | 6.72% |
| York | £218,310 | £204,791 | £13,519 | 6.60% |
| Leicester | £167,562 | £157,891 | £9,671 | 6.13% |
| Lancaster | £162,116 | £153,072 | £9,044 | 5.91% |
| Southampton | £213,216 | £202,541 | £10,675 | 5.27% |
| Bristol | £218,712 | £208,517 | £10,195 | 4.89% |
| Sheffield | £155,841 | £148,619 | £7,222 | 4.86% |
| Durham | £147,472 | £140,675 | £6,797 | 4.83% |
| Norwich | £190,452 | £185,095 | £5,357 | 2.89% |
| Aberdeen | £205,142 | £197,325 | £7,817 | 2.57% |
| Cambridge | £285,877 | £279,644 | £6,233 | 2.23% |
| Nottingham | £151,238 | £148,820 | £2,418 | 1.63% |
| Newcastle | £172,095 | £169,670 | £2,425 | 1.43% |
| Leeds | £163,785 | £161,501 | £2,284 | 1.41% |
| Glasgow | £149,047 | £147,575 | £1,472 | 1% |
| Exeter | £218,012 | £216,014 | £1,998 | 0.93% |
| Edinburgh | £225,982 | £224,344 | £1,638 | 0.73% |
| Birmingham | £147,271 | £146,727 | £544 | 0.37% |
| Coventry | £147,495 | £147,256 | £239 | 0.16% |
Source: Zoopla.co.uk
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