How much is a home near a top grammar school worth….especially in Beaconsfield?
A recent survey by online mortgage broker Trussle.com has revealed that parents are paying a £180k premium to buy a home near an ‘outstanding’ state school in England. Trussle.com’s analysis of Zoopla’s asking price data shows that the most expensive areas to live nearby an outstanding school are all in London – accept for Beaconsfield in 11th place which has an average house price of £1,474,930.
The study named Beaconsfield High School – where 71% of all students’ grades in recent GCSEs were Level 9-7 (A or A*) – as the only non-London school in the top 20 areas with most expensive homes near ‘outstanding’ rated secondary school.
Of course just living within catchment is only part of the entry criteria. Passing the all-important 11+ exam which Year Six children sit at the beginning of September is the key to winning a place at one of the coveted Buckinghamshire grammar schools.
So is proximity to Beaconsfield High School the only reason why the house price premium in Beaconsfield is the highest in the country? Of course parents want to be within catchment of the top grammar but looking at the bigger picture there are many contributing factors to why Beaconsfield continues to demand a high premium:
Ease of commute into London is one of the main drivers for families relocating to the area with train times of just 25 minutes into London Marylebone
Beaconsfield also offers a diverse and popular High Street with the big name supermarkets (Waitrose, Sainsbury’s and M&S), café’s, restaurants and variety of clothing retailers in new and old town Beaconsfield
Proximity to green space, woodlands, the River Thames for boating enthusiasts, the National Trust gem Cliveden and a plethora of sporting facilities on the doorstep
So if you are looking to move to Beaconsfield don’t be surprised at the house prices when compared to other towns…now you know why you will be paying over the odds but also what the rewards will be for securing a home in the country’s highest house price premium town.
For help in finding a home in Beaconsfield contact Chiltern Relocation on 01494 672086 or visit: www.chilternrelocation.com