Houses in towns which have had a university established since 1960 have increased in value by 70% over the past decade from £91,612 to £155,953.
Average house price growth in older university towns was 64% over the same period.
Both new and older university towns recorded higher average price increases than the 62% increase across the UK as a whole.
Nitesh Patel, housing economist at Lloyds TSB, said: “This effect has been heightened in the newer university towns where prices have, on average, risen more rapidly than in the towns that host the more established universities."
“Increased student demand for accommodation is also likely to have added to upward pressures on rental values in university towns, increasing their attractiveness to landlords.”
