So would getting this socket installed actually improve my line or would it be a waste of money that as a student i don't have?
This house i am also renting so i'm not sure if i would be allowed to have anything installed if indeed it is the line.
Is there the possability that it is just the service provider and that this won't help at all?
It just seems strange that there is so much packet loss as soon as i try to play anygame. But even skype and streaming seem to be terrible quality
Well Firstly you may be able to have this work carried out for free ,as indicated in an earlier post, So i would be finding out if this would be applicable to yourself
As for the Installation of a upto date NTE5 improving your line , The NTE by it's self would make little difference, But more importantly it would enable you to rule out any internal extension wiring plus anything that is connected to that, That is the reason for the test jack located behind the faceplate , as any internal extension wiring is connected to the removable faceplate which has to be removed to plug your telephone or adsl filter into the test jack,
This is also one of the first things nearley if not all isp's ask customers to carry out to eliminate the internal extensions ,
because if the extension wiring is found by an openreach engineer to be causing your problems they will make a charge for the visit, to your isp, who will probably pass that on to you , so if for nothing else than peace of mind it's advisable to have a modern NTE5 , better than a big bill from openreach
As for your existing problems they may show an improvement when using the test jack, also how many other devices are connected to the router in use ? as the packet loss could also be down to others who are downloading uploading ,streaming movies ect whilst you are trying to play online