As the proximity of good schools affects the price of a house in England?

The price of property in the UK is influenced by different factors. One of the key factors that can significantly increase the price of real estate is location. But what affects the price in this area? England – as a country known throughout the world for its excellent education, but not only foreigners, but also the British themselves, appreciate quality education, and more ready in my life to change, so your child gets a decent education.

Every third family in England changes his place of residence to move to an area where there is a good children’s school.

And 10% of families are willing to pay an extra £50,000 pounds for the property, which is within an area with good school. The study also showed that 24 % of families are willing to discuss increased rents, if we are talking about how to rent a house near good schools.

If you compare average property prices, average House price in England is £275721, and the average price of a typical home in the area of one of the best schools in England – Lowbrook Academy in Maidenhead – £ 481023. I must say that to get into a school is not easy, and many parents are even different tricks, if only to give the child to prestigious school. For example, some enter the wrong address, putting the area where a desired school. Other parents pay for extra classes in the coveted school, so their child a chance to get into this school. Another way to record a child from an early age in the nursery attached to the school.

Comes to the fact that prospective parents before the birth of a child is already starting to pick up his school and sometimes even the name of the unborn child enter the school waiting list.

Popular education in England has meant that schools are lacking.

In some schools 70 pupils have one teacher. And about 100 schools classrooms have been equipped with 50 children .

If the race of education in England continues at this pace, by 2020, half a million children in England will learn in overcrowded classrooms.

Thus, the proximity of the estate to the good school and will continue to be a significant factor in the formation of prices for residential property in England. Meanwhile, it is not the only factor. Also significant factors are the proximity of the transport system, the local crime rate, flood risk, proximity to shops, restaurants and pubs, as well as the General level of ecology.

® Maxim Savitsky 12.09. 2014.

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