Top performing schools add value to homes.

A news article from Savills yesterday on their website  headlined ‘Top Schools add up to 20% to house prices’.

They stated in the introduction that: Homes in the vicinity of the top performing independent schools command a 25 per cent over the average for their region, while the clamour for homes close to the best non-selective state schools pushes their values up 20 per cent over the average for the regions they are in.

Lucian Cook, head of Savills UK residential research comments: “This analysis tells us that many families will compromise on most things, but will do everything in their power to ensure best education for their children, including paying top dollar for their homes.  While it is perhaps no surprise that some of the most expensive homes are in the proximity of top independent schools, parents opting for the private school route face the double whammy of high house prices and school fees.”

To read the news article in full click here

 

Allen Walkey

Highly experienced businessman with a successful career in property sales and investment both in the UK and abroad. Now a freelance writer and blogger for the property and Investment Industry, keeping readers up-to-date with changes and events in a rapidly changing world.

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