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Ailsa Watson

Associate

Premium paid for property in top school areas

It is always interesting to see how different factors can affect property prices. Some data has now produced which shows that parents hoping to send their children to Scotland’s best state secondary schools face paying two thirds more for a house in the catchment area than in the neighbouring streets.  Overall, property prices in the neighbourhoods of the top ten best performing secondary schools average at 14% higher than the price of a house elsewhere in the local area.

Conversely, homes which are in the catchment area of schools which are placed in the bottom 10 of the Times League Table, are up to two thirds less expensive than the average for their local area.

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