Would you pay a premium to live near top schools?

September, 2020

  • 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
  • Head to the Infographics library for single jpegs of this infographic if this two-slide gif isn't for you.

 

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