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Independent Schools Command Higher Prices
Research by property experts Savills has revealed sending your children to a quality school can cost more than their admittance fee.
Comparing the cost of properties within the vicinity of the top 25% performing secondary schools in the UK to those in their respective counties, houses near independent schools cost 16% more than normal properties.
Speaking on their research, Savill’s concluded that the cause of these dramatic house price differences is partly due to parents aspiring to give their children the best start in life, including access to a good school.
And it seems that this desire to live close to a good school is national…
Leatherhead, Winchester, Tunbridge Wells and Harrogate have also reported houses prices above the average of their respective counties due to educational opportunities within these locations.
Continuing in their report, Savill’s strongly feel that these educational hotspots could lead the way when the UK enters into a sustained market recovery. Offering parents access to quality schools and stronger educational variety, demand in these areas will never cease.
More about the author of this article
Stephen McIntosh, Property Mentor Delegate
With a £40k passive income per year Stephen McIntosh knows that property investment is one of the most exciting and achievable ways to become wealthy “Property is the best employee ever! It doesn't have days off, never calls in sick or with a hangover, works 24 hours a day, 7 days a week and never has a holiday. All the while making you £££s Read more
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