“Better Value Out of Catchment?”

PUBLISHED: 10:07 02 July 2015 | UPDATED: 10:07 02 July 2015

xxxxxxxxxx

xxxxxxxxxx

Archant

AS SCHOOLS vie for league table position, parents are increasingly selective as to which school their children attend, to the extent that many families move house specifically to live within the catchment area of their preferred school.

Mel Kennedy, from CJ Hole, tells us why there are benefits to buying outside of school catchment areas.

Property prices in such areas have typically risen faster than the national average, and property in the catchment areas of the country’s top 50 community primary schools is on average 33 per cent higher than property in the local surrounding areas*.

This provides an opportunity for those who do not have children, or whose children have moved on, to benefit from lower property prices.

Districts adjacent to school catchment areas are not necessarily inferior to those within catchment, and if you are a buyer falling into this category you might do well to question preconceptions as to what constitutes a “good area”.

Out-of-catchment homes are often better value than those close to the popular schools. “Better value” means different things to different buyers, but could mean that for the same price you could expect to find better accommodation, larger garden, nicer condition or additional parking.

So if schools do not figure in your life or your children attend an independent school, then take advantage of the hidden discount offered to those buying “on the other side of the street”.

For more advice on how CJ Hole can help you find a new home call 01934 512537.

*Source: Barclays

More from Property

Yesterday, 16:00

A provider of affordable housing is to build 1,000 new homes in North Somerset after receiving a £150million funding boost.

Read more
Wed, 15:23

A man from Draycott has had his van broken into, leaving him £3,000 out of pocket.

Read more
Mon, 11:58

A 37-home estate will be built after councillors approved a planning application which they rejected in December.

Read more
North Somerset Council
Wednesday, January 9, 2019

Plans to build 35 homes in Wedmore will move forward after concerns from villagers and a school headteacher were addressed.

Read more
Sedgemoor District Council
Tuesday, January 8, 2019

A plan to build a new £75,000 play park has been supported by the parish council despite concerns from villagers.

Read more
Sedgemoor District Council
Thursday, January 3, 2019

‘Cramped’ plans for dozens of homes, which have drawn an unprecedented level of criticism from villagers and will ‘make life intolerable’, have been slated by councillors.

Read more
Thursday, January 3, 2019

Plans to build a block of flats and to convert two guest houses into flats have been submitted to North Somerset Council.

Read more
North Somerset Council
Monday, December 31, 2018

Plans to convert a vacant shop into a temporary artist’s studio in Weston look set to be approved by the area’s unitary council.

Read more
North Somerset Council
Wednesday, December 26, 2018

Burnham Town Council will continue to oppose controversial plans to build 47 new homes in Walrow.

Read more
Wednesday, December 26, 2018

A list of areas North Somerset Council is keen to see developed has been updated for 2019.

Read more

Most Read

Latest from the Weston Mercury

Hot Jobs

Show Job Lists