Here's why you should consider schools when buying a house
When purchasing a home in the UK, buyers often focus on factors such as price, location, transport links, & local amenities. However, one crucial element that should not be overlooked is the quality of nearby schools. In this blog, we will explore the key reasons why considering schools should be a top priority when purchasing a property in the UK.
1. Access to Quality Education
For families with children, securing a place at a high-performing school is a top priority. In the UK, Ofsted (the Office for Standards in Education, Children's Services and Skills) ratings play a crucial role in assessing school quality, with ‘Outstanding’ and ‘Good’ schools being the most sought after. These ratings are based on several factors, including teaching quality, student progress, and overall school performance.
Many schools in the UK allocate places based on catchment areas, meaning children living closer to the school have a higher chance of gaining admission. This makes living within a preferred school's catchment area a key consideration for parents. Missing out on a good school could mean long commutes, reliance on independent education, or the stress of going through appeals processes. By choosing a home in a strong school catchment area, parents can secure the best possible education for their children while also ensuring a more convenient daily routine.
2. Impact on House Prices
The demand for homes near high-quality schools has led to significant increases in property prices in these areas. Various studies have shown that homes in the catchment areas of top-performing schools can command a premium of tens of thousands of pounds compared to similar properties outside these zones.
For instance, research by property websites such as Rightmove and Zoopla suggests that houses near ‘Outstanding’ schools can be priced significantly higher than the local average. Parents are often willing to pay this premium to secure a place at a reputable school, knowing that the long-term benefits outweigh the initial cost.
While this might mean a higher upfront cost, it is also a positive investment. Even in economic downturns, properties in sought-after school areas tend to retain their value better than those in less desirable locations. This makes them a more secure asset for homeowners.
3. Resale and Investment Potential
Even if you do not have children or are not currently planning to start a family, purchasing a home in an area with good schools can be a strategic financial decision. Homes in desirable school catchment areas often experience consistent demand, making them easier to sell and more likely to appreciate in value over time.
Future buyers, particularly families with young children, will likely prioritise education when making their purchasing decision. A property located within the catchment area of a top-rated school will always have strong appeal. This increased desirability can also mean faster sales and fewer negotiations on price, reducing the hassle and stress that can come with selling a property.
4. Community and Lifestyle Benefits
Areas with good schools often benefit from a strong sense of community, lower crime rates, and better local amenities. Families tend to settle in such areas for the long term, fostering a stable and welcoming environment. This can lead to better-maintained neighbourhoods, increased local engagement, and a greater sense of security.
In addition to a strong community feel, these areas often benefit from better infrastructure, including parks, leisure facilities, libraries, and family-friendly services. Local businesses, such as cafes and shops, may also thrive due to the steady influx of families, creating a lively and vibrant atmosphere.
For those without children, these lifestyle benefits make school catchment areas appealing places to live. A strong local community often translates to better neighbourhood upkeep, lower crime levels, and an overall higher standard of living.
5. School Catchment Areas and Admission Policies
Before purchasing a property, it is essential to research school catchment areas and admission policies. Many parents assume that buying a home near a good school automatically guarantees admission, but this is not always the case.
Catchment areas can change yearly based on demand, and some schools may have additional admission criteria, such as religious affiliations or entrance exams. Additionally, oversubscription is common in top-rated schools, meaning that living within the catchment area does not always guarantee a place.
To avoid disappointment, prospective buyers should:
- Check local council websites for the latest catchment area information.
- Visit schools and speak to staff to understand their admission criteria.
- Look at historical admission data to assess the likelihood of securing a place.
- Consider future changes, such as new housing developments, which could impact catchment boundaries.
6. Harborne: The Perfect Area for Families
One of the best places in the UK to consider when looking for a home near excellent schools is Harborne, Birmingham. This affluent and family-friendly suburb is renowned for its outstanding educational institutions, strong community feel, and high quality of life.
Harborne is home to several top-rated schools, including Harborne Primary School, which has been rated ‘Outstanding’ by Ofsted, and Lordswood Girls’ School, which consistently achieves excellent academic results. The area also benefits from easy access to prestigious private schools, such as King Edward’s School and Edgbaston High School for Girls.
Beyond education, Harborne offers a fantastic lifestyle with its charming high street, independent cafes, restaurants, and boutique shops. The area boasts ample green spaces, including Harborne Walkway and nearby Woodgate Valley Country Park, making it ideal for families who enjoy outdoor activities.
With excellent transport links to Birmingham city centre and a strong sense of community, Harborne is a prime location for homebuyers seeking both high-quality education and a great living environment. The demand for property in Harborne remains strong, ensuring excellent long-term investment potential.
Conclusion
Considering schools when buying a house in the UK is about more than just education—it’s an investment in both your family's future and the long-term value of your home. Whether you are planning for children or thinking about future resale potential, choosing a home near a good school provides financial and lifestyle benefits that extend well beyond the classroom. Looking to purchase a house in Harborne or the surrounding areas? Give us a call on:
0121 681 6327