24 Sep

Homes in good school catchment areas prove popular

Homes in good school catchment areas prove popular

Further evidence has emerged to show that parents of school-age children are increasingly looking to buy homes in locations close to good schools, giving this priority over other considerations when choosing where to live.

Estate agent George Franks told the Daily Telegraph that one of the areas he covers, between Wandsworth Common and Clapham Common in south London, has attracted a lot of attention from buyers interested in this factor.

He said: "We have had a large handful of enquiries over the last two weeks in the Clapham office, from people wanting to know about the catchment areas of the good primary schools and what houses there cost to buy or rent."

The comments Mr Franks made back up recent research by investment management firm Fidelity International into the issue.

It reported earlier this month that the average price of a home in the vicinity of a good school was £50,000 higher than that of a house that was not.
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