Company Logo



Home industry real-estate Property Prices Surge Near Top-Rated Schools, Gap May Widen

Property Prices Surge Near Top-Rated Schools, Gap May Widen


Real Estate

 property prices, school ratings, schools, VAT relief, private education

Homebuyers face higher premiums for properties near 'outstanding' schools, with potential increases due to VAT changes on private education.

Living near highly rated schools comes at a premium, with homes near 'outstanding' schools averaging £359,000, significantly higher than those near 'inadequate' schools, which cost £243,000 on average, according to Yopa estate agents. The price difference amounts to £116,000, highlighting a notable disparity in the property market.

Verona Frankish, Yopa's CEO, suggests that the higher cost reflects a perceived investment in superior education. The recent Labour proposal to remove VAT relief on private schools could further widen this gap, as more parents might opt for quality state schools, pushing up demand and property prices in these areas.

The analysis reveals that properties near 'outstanding' schools often cost 2.8% more than the average for their local authority, while those near 'good' schools are roughly on par with local averages. Conversely, properties near 'requires improvement' and 'inadequate' schools are priced 4.6% and 10.4% lower, respectively.

Notably, some areas defy the trend. In Sheffield's S4 postcode, living near the 'outstanding' St Catherine’s Catholic Primary is 57.6% cheaper than the local average. Conversely, East Sussex's TN3 area, despite having a 'requires improvement' school, sees property prices 121.1% higher than its local authority.

This trend is predominantly seen in Europe, reflecting broader issues in property valuation linked to educational quality.


Business News


Recommended News


Most Featured Companies

ciobulletin-aatrix software.jpg ciobulletin-abbey research.jpg ciobulletin-anchin.jpg ciobulletin-croow.jpg ciobulletin-keystone employment group.jpg ciobulletin-opticwise.jpg ciobulletin-outstaffer.jpg ciobulletin-spotzer digital.jpg ciobulletin-virgin incentives.jpg ciobulletin-wool & water.jpg ciobulletin-archergrey.jpg ciobulletin-canon business process services.jpg ciobulletin-cellwine.jpg ciobulletin-digital commerce bank.jpg ciobulletin-epic golf club.jpg ciobulletin-frannexus.jpg ciobulletin-growth institute.jpg ciobulletin-implantica.jpg ciobulletin-kraftpal technologies.jpg ciobulletin-national retail solutions.jpg ciobulletin-pura.jpg ciobulletin-segra.jpg ciobulletin-the keith corporation.jpg ciobulletin-vivolor therapeutics inc.jpg ciobulletin-cox.jpg ciobulletin-lanner.jpg ciobulletin-neuro42.jpg ciobulletin-Susan Semmelmann Interiors.jpg ciobulletin-alpine distilling.jpg ciobulletin-association of black tax professionals.jpg ciobulletin-c2ro.jpg ciobulletin-envirotech vehicles inc.jpg ciobulletin-leafhouse financial.jpg ciobulletin-stormforge.jpg ciobulletin-tedco.jpg ciobulletin-transigma.jpg ciobulletin-retrain ai.jpg
ciobulletin-abacus semiconductor corporation.jpg ciobulletin-agape treatment center.jpg ciobulletin-cloud4wi.jpg ciobulletin-exponential ai.jpg ciobulletin-lexrock ai.jpg ciobulletin-otava.jpg ciobulletin-resecurity.jpg ciobulletin-suisse bank.jpg ciobulletin-wise digital partners.jpg ciobulletin-appranix.jpg ciobulletin-autoreimbursement.jpg ciobulletin-castle connolly.jpg ciobulletin-cgs.jpg ciobulletin-dth expeditors.jpg ciobulletin-form.jpg ciobulletin-geniova.jpg ciobulletin-hot spring it.jpg ciobulletin-kirkman.jpg ciobulletin-matrix applications.jpg ciobulletin-power hero.jpg ciobulletin-rittenhouse.jpg ciobulletin-stt logistics group.jpg ciobulletin-upstream works.jpg ciobulletin-x2engine.jpg ciobulletin-kastle.jpg ciobulletin-logix.jpg ciobulletin-preclinical safety (PCS) consultants ltd.jpg ciobulletin-xcastlabs.jpg ciobulletin-american battery solutions inc.jpg ciobulletin-book4time.jpg ciobulletin-d&l education solutions.jpg ciobulletin-good good natural sweeteners llc.jpg ciobulletin-sigmetrix.jpg ciobulletin-syncari.jpg ciobulletin-tier44 technologies.jpg ciobulletin-xaana.jpg

Latest Magazines

© 2024 CIO Bulletin Inc. All rights reserved.