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Poll shows homebuyers influenced by local schools

01/10/2013 Joanna
Many parents would pay more to live somewhere they feel their children would be taught by good quality primary and secondary teachers, a new survey has shown.

YouGov polled 1,012 parents of children aged between five and 16 on behalf of Nationwide, and found 18 per cent of them had been influenced by school league tables and Ofsted ratings in making a decision as to where to live.

The research revealed eight per cent of respondents were willing to pay up to two per cent more to obtain a home in the catchment area of a good state school, the Guardian reported, while another eight per cent would pay a premium of over ten per cent to do so.

Richard Napier, Nationwide's divisional director for savings and mortgages, commented: "Choosing the right school for your child is possibly one of the most important decisions a parent will make and it appears league tables and Ofsted reports play a significant part in that decision."

The influence of schools on where families choose to locate is partly explained by rising demand for school places, with the National Audit Office estimating earlier this year that one in five primary schools in England are at near or full capacity.

Posted by Charlotte MichaelsADNFCR-2164-ID-801644385-ADNFCR
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