Nanyang Technological University
Nanyang Technological University

Oxford may have knocked the California Institute of Technology off the top spot in the latest world university rankings, but despite having the label of the UK’s most unaffordable city to live, the historic university town isn’t home to the most expensive property around the world.

Online estate agent, eMoov.co.uk, has highlighted where in the latest top 100 university world rankings is home to the most expensive property price. eMoov looked at the average property price per square meter across all 100 universities and found that a property in cities home to the world’s most prestigious academic institutions will set you back, on average, £5,245 a square meter, climbing to £7,496 across those in the UK.

University College London
University College London

Despite its tendency to fuel the UK market and being home to four top 100 universities, London is not top of the pile for property price. However, the top three is dominated by a former British Colony and at £17,646 per a square meter, Hong Kong is home to the most expensive property price in the top 100 university rankings with the University of Hong Kong, Hong Kong University of Science and Technology and the Chinese University of Hong Kong all making the list.


At £16,331, London is the second most expensive city in the top 100, with the Imperial College London, University College London, the London School of Economics and Political Science and King’s College London all ranking highly.

University of Tokyo
University of Tokyo

The University of Tokyo is the eighth most expensive at £14,221 per square foot with the National University of Singapore and Nanyang Technological University also in Singapore, completing the top 10 at £13,664.

The 10 cheapest university cities are dominated by the United States, with the University of Illinois at Urbana-Champaign the cheapest of the lot at just £783 per a square meter.

Of the other UK universities in the list Oxford came 39th (£4,410), Cambridge came 45th (£4,061), Bristol was 56th (£3,502), Warwick 62nd (£3,000), Edinburgh was 63rd (£2,879), Manchester placed 71st (£2,467), Durham 75th (£2,300) and Glasgow finished 78th (£1,995).

Founder and CEO of eMoov.co.uk, Russell Quirk, commented:

University of Hong Kong
University of Hong Kong

“The latest results are certainly testament to the quality of higher education available in the United Kingdom with more than 10% of the entrants located here, and for that we should count ourselves very lucky. That said, the escalating cost of fees when attending university has seen it slip out of reach for many and even the cheapest on the list, Durham, would cost well over £1,000 per a square meter to purchase a property in the area.

One silver lining that this research does highlight, however, is that at least London isn’t the most expensive where the average property price is concerned.”

For more property information, go to: http://www.emoov.co.uk

eMoov Ranking  Top 100 Universities Top 10 Location Price to buy in the city (per sq meter)
1 University of Hong Kong Hong Kong £17,646
1 Hong Kong University of Science and Technology Hong Kong £17,646
1 Chinese University of Hong Kong Hong Kong £17,646
4 Imperial College London London £16,331
4 University College London London £16,331
4 London School of Economics and Political Science london £16,331
4 King’s College London London £16,331
8 University of Tokyo Tokyo £14,221
9 National University of Singapore Singapore £13,664
9 Nanyang Technological University Singapore £13,664
Average Top 100 £5,245

 

eMoov Ranking UK University Average Apartment Price per Square Meter
4 Imperial College London £16,331
4 University College London £16,331
4 London School of Economics and Political Science £16,331
4 King’s College London £16,331
39 University of Oxford £4,410
45 University of Cambridge £4,061
56 University of Bristol £3,502
62 University of Warwick £3,000
63 University of Edinburgh £2,879
71 University of Manchester £2,467
75 Durham University £2,300
78 University of Glasgow £1,995
Average £7,496