• Annual driveway league table reveals that empty driveways make more than £1,000 per year on average for homeowners in 25 towns and cities
  • Londoners make the most with more than £2,000 per year on average, followed by Brighton and Edinburgh residents
  • www.yourparkingspace.co.uk annual driveway league table also reveals the full top 50 driveway money earning locations

New research highlights that households are earning more than £1,000 per year on average in 25 UK towns and cities simply by renting out their driveways, when not being used, to other motorists needing somewhere to park.

The annual study by online parking portal yourparkingspace.co.uk, which lists more than 350,000 parking spaces across the UK, reveals that Londoners are making the most with £2,100 per year on average, while people living in Brighton and Edinburgh are earning £1,944 and £1,896 respectively.

Significantly though, residents in 25 towns and cities across the UK, stretching from Aberdeen to Belfast to Bournemouth, are making more than £1,000 per year on average offering their unoccupied driveways to motorists searching for a pre-booked parking space.

Harrison Woods, managing director at YourParkingSpace.co.uk, said: “Empty driveways continue to offer a significant extra income for households the length and breadth of the UK, which is possibly even more welcome now than ever before.

“With lockdown restrictions being eased and more people returning to their workplace, plus being advised by the government to avoid public transport if possible, we expect a new surge in demand for empty driveways as motorists struggle to find places to park near their places of employment.”

Meanwhile, further analysis of the league table shows that empty driveways in towns and cities further down the listing are still making a significant sum.

For instance, residents in Wigan in 50th spot can still make almost £650 per year on average from their driveway by listing it for free on YourParkingSpace.co.uk.

Harrison added: “Our driveway league table clearly highlights a demand for empty driveways to be used as pre-booked rented parking spaces in every corner of the UK.

“I would encourage anyone with an empty driveway to list it as soon as possible, so they can start making an additional income while benefitting from an anticipated increase in demand post lock-down.”

For more information about YourParkingSpace.co.uk, or to register an empty driveway or pre-book parking, visit www.yourparkingspace.co.uk

Top 50 UK Towns and Cities (average earnings with YourParkingSpace.co.uk)

Position

Town/City

Monthly

Annual

1

London

£175

£2,100

2

Brighton

£162

£1,944

3

Edinburgh

£158

£1,896

4

Bristol

£143

£1,716

5

Oxford

£138

£1,656

6

Cambridge

£133

£1,596

7

Reading

£122

£1,464

8

Leeds

£121

£1,452

9

Manchester

£120

£1,440

10

Liverpool

£115

£1,380

11

Aberdeen

£110

£1,320

12

Nottingham

£108

£1,296

13

Leicester

£102

£1,224

14

Luton

£100

£1,200

15

Birmingham

£99

£1,188

16

Cardiff

£99

£1,188

17

Belfast

£97

£1,164

18

Southampton

£96

£1,152

19

Glasgow

£95

£1,140

20

Portsmouth

£93

£1,116

21

Bournemouth

£92

£1,104

22

Exeter

£91

£1,092

23

Watford

£88

£1,056

24

Milton Keynes

£88

£1,056

25

Sheffield

£86

£1,032

26

Swindon

£83

£996

27

Salford

£82

£984

28

Stockport

£80

£960

29

Coventry

£79

£948

30

Wolverhampton

£77

£924

31

Rotherham

£74

£888

32

Plymouth

£73

£876

33

Doncaster

£71

£852

34

Derby

£70

£840

35

Dudley

£68

£816

36

Gloucester

£68

£816

37

Wakefield

£67

£804

38

Bradford

£66

£792

39

Newcastle upon Tyne

£65

£780

40

Walsall

£65

£780

41

Barnsley

£63

£756

42

Newport

£62

£744

43

Oldham

£60

£720

44

Dundee

£60

£720

45

Bolton

£60

£720

46

Rochdale

£59

£708

47

Stoke on Trent

£57

£684

48

Swansea

£57

£684

49

Middlesbrough

£55

£660

50

Wigan

£54

£648