What is the impact of school catchments on property prices? The answer to this question can be derived from a variety of different perspectives. However, the best perspective to look at the impact of school catchments on property prices is that of the supply and demand. In other words, it is important to note that the size of the school catchment area does not in any way affect the ability of the school to provide quality education.
The effect of school catchments on property prices is largely dependent on the demand for schools in the area. If there are many parents who are looking for a school, then there is a high chance that property prices will be inflated in this area. This means that the property values in the surrounding areas will be high in comparison with those of the central business district, for example. On the other hand, if there are few people who are interested in the schools in an area then the price of houses in the surrounding areas will drop considerably.
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There is huge demand for top performing schools in the UK. Therefore, those schools that perform better in their Ofsted inspection will immediately attract the interest of families with school aged children. This puts pressure on the housing market if that particular is non-selective and admits by postcode only.