Premium to Live Near The Top Primary & Secondary Schools

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Premium to Live Near The Top Primary & Secondary Schools

In this quick article we take a close look at the difference in prices of living near to the top local schools in the area

This week marks the return to school for many children. School catchments play a huge role in choosing a home. Living close to a top school can cost an additional £25,000.
Houses within the catchment of the top 10% of primary schools on average cost £27,000 more than those in the wider postcode district, a 7% premium.
Houses within the catchment of the top 10% of secondary schools on average cost £25,000 more than those in the wider postcode district, a 6% premium.
Premiums vary between regions, Yorkshire and the Humber has the greatest premium for top primary schools, 12%. The West Midlands has the largest premium for top secondary schools, 19%. Source: Dataloft, PwC

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