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Owning a driveway in London can be worth as much as £3,632 a year; in Liverpool £1,749 and Leeds £1,540 a year.

Those are the top three cities in a new UK league table ranking how much commuters will pay to rent a driveway in 50 towns and cities across Britain

It has been put together by parking space website YourParkingSpace.co.uk, which has 3,500 driveways available at 1,500 UK locations.

The website helps people in major UK cities rent their empty driveways to commuters who are looking for a cheaper place to park. Commuters can search, book and pay online.

Founder Charles Cridland said: “As the credit crunch has bitten commuters are desperate to cut parking costs by renting driveways, and home owners are very keen to make money by renting their drive out.

The full 2008 UK league table is:


1 London £3,632
2 Liverpool £1,749
3 Leeds £1,540
4 Cardiff £1,470
5 Manchester £1,466
6 Nottingham £1,455
7 Glasgow £1,428
8 Newcastle £1,425
9 Brighton £1,395
10 Edinburgh £1,365
11 Norwich £1,350
12 Bristol £1,320
13 Belfast £1,232
14 Birmingham £1,220
15 Bradford £1,220
16 Bournemouth £1,200
17 Swindon £1,176
18 Oxford £1,104
19 Luton £1,040
20 Reading £1,005
21 Sheffield £940
22 Portsmouth £930
23 York £920
24 Coventry £900
25 Ipswich £900
26 Sunderland £897
27 Huddersfield £876
28 Leicester £870
29 Stockport £870
30 Wolverhampton £869
31 Northampton £866
32 Middlesbrough £821
33 Hull £816
34 Stoke-on-Trent £797
35 Dundee £790
36 Blackpool £780
37 Aberdeen £762
38 Bolton £748
39 Southampton £740
40 Plymouth £626
41 Derby £615
42 West Bromwich £580
43 Milton Keynes £576
44 Walsall £574
45 Dudley £555
46 Southend-on-Sea £540
47 Swansea £536
48 Telford £533
49 Peterborough £522
50 Preston £519


Charles added: “As people continue to feel the pinch we expect to see even more driveways being offered to hard up commuters. It’s safe and easy to do online, and a great way to make money from an asset you own that’s going to waste during the day.”

ENDS


NOTES TO EDITORS
• For any further information, or to arrange an interview or photograph, please contact Charles Cridland on 07901 766 117 or email press@yourparkingspace.co.uk

YourParkingSpace.co.uk allows people to book and pay for both long-term and short-term parking spaces online. It handles driveways, garages and secure private parking spaces. Currently the site has more than 3,500 spaces available for rent at 1,500 locations nationwide

• Over the last year YourParkingSpace.co.uk has rebranded from its old name Peasy.com

This press release was distributed by ResponseSource Press Release Wire on behalf of Growth UK in the following categories: Leisure & Hobbies, Home & Garden, Motoring, Travel, for more information visit https://pressreleasewire.responsesource.com/about.