Premium to live near top primary schools

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%.