Gallery Blog

Archive for October 2nd, 2005

Campus inflation

Sunday, October 2nd, 2005

Writing About: Campus inflation rate, 02/10/05, Shards

Here’s a further piece of information – how the rent for some of the campus accommodation has varied over the last few years. Rents are all per week, and if a year’s data was unavailable, the “inflation” is averaged over two years.

For comparison, the last table is the inflation rate, as measured by the RPI. Its notable that the rent on campus has gone up by 30-50%, whereas the RPI has gone up 18% since 98. I don’t have data on how average rent in Coventry (say) has varied over the same period, which would be a more appropriate comparison.

Cryfield

Year Rent p.a. Increase Increase over 1998
98/99 £41.20
99/00
00/01 £47.10 7.2% 14.3%
01/02 £52.00 10.4% 26.2%
02/03 £49.50 -4.8% 20.1%
03/04 £50.00 1.0% 21.4%
04/05 £52.00 4.0% 26.2%
05/06 £54.00 3.8% 31.1%

Claycroft

Year Rent p.a. Increase Increase over 1998
98/99 £51.70
99/00 £55.00 6.4% 6.4%
00/01
01/02 £65.00 9.1% 25.7%
02/03 £70.00 7.7% 35.4%
03/04 £74.00 5.7% 43.1%
04/05 £76.00 2.7% 47.0%
05/06 £79.00 3.9% 52.8%

Whitefields

Year Rent p.a. Increase Increase over 1998
98/99 £38.55
99/00 £41.45 7.5% 7.5%
00/01
01/02 £49.50 9.7% 28.4%
02/03 £49.50 0.0% 28.4%
03/04 £50.00 1.0% 29.7%
04/05 £52.00 4.0% 34.9%
05/06 £54.00 3.8% 40.1%

Inflation (RPI)

Year p.a Accumulated over 1998
99/00 2.2% 2.2%
00/01 2.3% 4.6%
01/02 2.6% 7.3%
02/03 1.2% 8.6%
03/04 3.0% 11.8%
04/05 2.6% 14.7%
05/06 3.2% 18.4%