Parents pay £52,000 more to live in areas with outstanding schools, new survey reveals

arents are paying more than £50,000 in order to move to catchment areas with outstanding schools, raising fears that the country’s top state schools are becoming selective according to family wealth.

 

A survey of more than one million homes across England has revealed that parents are paying vast property premiums to move home, with the average house in outstanding school catchment area costing £52,000 more on average than those near schools which require improvement.

 

In London, where competition for good or outstanding school places is the fiercest nationally, the price squeeze is even more pronounced - with parents paying upwards of £80,000 in order to move close to a top-rated school.

 

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