My daughter’s in Bristol.
I suggest you work out all your potential expenses for both places (such as travel costs and bills, as well as rent) then you can really compare.
I think this decision depends on:
how well you know/trust housemates and their friends
how much disposable income you have, and
how safe the area is.
If you want to insure your stuff, you need a room lock.
Last year my girl was paying approximately £750 PCM excluding bills of £100 per month, so 850PCM in total. None of the bedroom doors had a lock but the windows and main doors were very secure. It was a shared house in a very low crime area near public transport, but walking distance to her campus, food shops and her work, so 0 travel costs.
440PCM excluding bills sounds extremely cheap! Is there a catch? How safe is the area? If your bills are similar to my daughter’s, that would work out around 540PCM.
695 including bills is reasonable for Bristol. You could get a good quality desk for free from a recycling website, or a cheap secondhand one from a charity shop or secondhand.
Most of all, think about your safety and security of your stuff. You need peace of mind to study and live happily.
Good luck!