Many factors influence house prices, but school availability and standards have a huge influence on property demand and prices. We know the reasons buyers are looking for property in Bournemouth, and the standard of local schools is a major element of the demand.
At Foxes, we are pleased to say we have helped many vendors and buyers connect.
Many parents find it helpful to review Oftsed ratings when looking for a suitable school. In Bournemouth, the Jewell Academy has received an “Outstanding” rating from Ofsted, making it a natural draw for many prospective property buyers.
Bournemouth school places are in high demand
However, there is also a great selection of schools classed as “Good” by Oftsed, which the following list indicates:
- St Walburga’s Catholic Primary School
- St Katharine’s C of E (V.A) Primary School
- Corpus Christi Catholic Primary School
- King’s Park Academy
- St Peter’s Catholic Primary School
- The Epiphany School
Secondary schools are well-regarded in Bournemouth
The Bishop of Winchester Academy and The Bourne Academy are both classed as “Good” schools by Ofsted, but there is a selection of schools classed as “Outstanding” by Ofsted. This is an appealing feature of the area for would-be buyers, and it is easy to see why many families flock to Bournemouth.
The following schools are classed as “Outstanding” by Ofsted:
- Glenmoor Academy
- Winton Academy
- Bournemouth School
- Bournemouth School for Girls
The School standards minister Nick Gibb said; “With almost 1.8 million more children in good or outstanding schools than in 2010, more families are able to secure a good school place for their child than ever before. However, for too many young people their chances of success still depend on how much money their parents earn and where they can afford to live. We want to end this unfairness and our proposals will create more good school places in every part of the country, so every child can have the excellent education they deserve.”
Henry Pryor is a property market specialist, well-known for his work on the BBC, and he said; “At long last, the government is confirming what many people have known for years, that being near a good school adds to the price of a home. It is all about location, location, location. Good schools put up the price in the same way as high-speed broadband or being near a rail station. In some cases people will choose to send their children to private school as the fees for doing so are less than the extra they would pay to be near a good state school.”
Lloyds have also undertaken research into house prices close to well-regarded schools. They found that in some parts of the country, house prices can reach 17% higher than the average price, with this being linked to good schools.
Andrew Mason was the company’s Mortgage Products Director of the time, and he said; “The popularity of areas close to high performing schools may mean that homes remain unaffordable for buyers on average earnings.”
These are challenging times in the property market, and anyone looking for guidance or advice should call on a local housing market specialist. No matter what you need assistance with, please contact Foxes, and we will be more than happy to assist you.