£6.6bn
£X.Xbn
6,636
294
£XXX.Xm
Over the five years through 2024-25, revenue has grown at a compound annual rate of 4.4%. Growth has been largely driven by record student enrolment numbers, both from international students and applications from 18-year-olds living in the UK. It is the large increase in international enrolment numbers that is driving growth and demand for quality student accommodation. The growing middle classes in emerging nations such as China, as well as demand for studies outstripping supply in these home countries, is behind Chinese students accounting for 5.3% of university enrolments in HESA's most recent 2021-22 figures.
Industry revenue has grown at a CAGR of 4.4 % over the past five years, to reach an estimated £6.6bn in 2024.
Market size is projected to grow over the next five years.
Company | Market Share (%)
2025 | Revenue (£m)
2025 |
---|---|---|
IQSA Services Ltd | 276.0 | |
The Unite Group plc | 256.3 | |
UPP Group Holdings | 231.5 |
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Student Accommodation in the UK
Industry revenue is measured across several distinct product and services lines, including En-suite rooms, Standard rooms and Studios. En-suite rooms is the largest segment of the Student Accommodation in the UK.
En-suite rooms are particularly popular amongst international students studying in the UK
Student accommodation providers lease and manage accommodation to students, generally in association with a university. The renting of accommodation to students by private landlords isn't included in the industry.
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SIC 55.1 - Student Accommodation in the UK
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
The UK's student accommodation market faces upheaval. The ongoing cost of living crisis and new post-Brexit rules for EU students are significantly reshaping the UK student a...
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En-suite rooms surge in popularity among UK's international students. Higher disposable income and concerns over COVID-19 have led to a preference for private, mid-range pric...
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London reigns supreme in university education. With numerous respected universities, London attracts a significant share of UK student enrolments, featuring a considerable in...
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
High student accommodation demand drives industry expansion. Growing demand has prompted leading providers like The Unite Group and IQSA Services to extend their offerings an...
Learn about the performance of the top companies in the industry.
Strong partnerships drive growth in student accommodation. Companies like UPP Group Holdings and IQ Student Accommodation have partnered with universities, ensuring a constan...
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
The UK student housing market is moderately regulated. Strict rules govern occupancy, deposit protection, fees, health and safety and other housing aspects for UK students, e...
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Private student housing profit soars. This surge is due to increased rental prices and a growing preference for amenities like self-contained studios, despite high purchase e...
Including values and annual change:
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Key data sources in the UK include:
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
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The market size of the Student Accommodation in the UK industry in United Kingdom is £6.6bn in 2024.
There are 294 businesses in the Student Accommodation in the UK industry in United Kingdom, which has grown at a CAGR of 0.2 % between 2019 and 2024.
The market size of the Student Accommodation in the UK industry in United Kingdom has been growing at a CAGR of 4.4 % between 2019 and 2024.
Over the next five years, the Student Accommodation in the UK industry in United Kingdom is expected to grow.
The biggest companies operating in the Student Accommodation market in United Kingdom are IQSA Services Ltd, The Unite Group plc and UPP Group Holdings
En-suite rooms and Studios are part of the Student Accommodation in the UK industry.
The company holding the most market share in United Kingdom is IQSA Services Ltd.
The level of competition is moderate and increasing in the Student Accommodation in the UK industry in United Kingdom.