Back to School - How Catchment Areas Shape Our Buying and Selling Habits

Mon 05 Sep 2016

ONE of the big triggers in the property year is the beginning of the autumn school term. Once the children are back to school there is more time for house hunting and just enough time to be in a new home by Christmas.

This time of year is also the time when parents start the application process for schools, the following Autumn. Over the past few years, as school catchment areas have reduced in size to accommodate a growing population, proximity to a top school has become an increasingly valuable point for property sellers.

In the battle for school places, many parents will now consider moving house to guarantee their child has access to their preferred school in the area. Santander Bank undertook a survey that shows the extent some buyers are willing to go to secure their desired school place.

The research found that families are prepared to spend a premium of up to 18% - equivalent to £32,127 on the average home price – to get a property within the catchment area they are targeting. Over a 25% of parents with school children surveyed by the bank said they have either bought or rented a property to secure an address in a certain catchment area.

It seems that many of these parents are willing to make significant sacrifices when it comes to the property in order to secure that all-important school space.

Furthermore, a quarter of those who relocated specific schools actually downsized, in order to facilitate the move. 31% even moved to an area they didn’t like – just to ensure their child gains entry to their preferred school.

The importance of school catchments is further underlined, when you consider two thirds of parents that expect to move again believe catchment areas will have an impact on where they choose to live.

Mylocalmortgage.co.uk found that after price, when looking for a new property the availability to good schools was the joint-top factor for the 35-44 year-old demographic.

 

At Lovett Sales & Lettings we recruit locally, so all our staff are clued up on all the local schools in our area – how they stand in terms of pass rates, and what the catchment areas are for each school. The geographical boundaries are as follows:

Above: Primary School Catchment Areas, PE19

 

When marketing your home and carrying out viewings, as well as showing the benefits of the property itself, things like schools and local amenities are also very important to prospective buyers.


You can find a comprehensive map of school catchment areas in Huntingdonshire below, but please remember geography isn’t always the only determining factor for school entry!

 

http://my.cambridgeshire.gov.uk/?tab=maps&layers=SecondaryCatchments,PrimaryCatchments


"I've been a landlord for 9 years and always found Lovetts to provide me with good honest advice and excellent all round service keeping me informed and the same can be said for their sales team who have recently sold my property. Highly recommend."
Jean

News Archive

March 2020

Corona Virus - Tenant Update

February 2020

Meet The Team - Q&A Series:Amy Duffy

Meet The Team - Q&A Series

January 2020

COMPULSORY ELECTRICAL SAFETY INSPECTIONS TO BE REQUIRED IN ALL PRIVATE RENTED HOMES

August 2019

5 top tips to ensure you find the best tenants

July 2019

How To Make Your New House A Home

June 2019

6 top tips for a smoother property transaction

We now officially have an award-winning Sales Team!

February 2019

In Conversation: Q&A With David Hawkes, Land & New Homes Director

Are you prepared for the forthcoming Letting Fees Bill?

January 2019

BREAKING: Stricter rules for mandatory electrical checks

Fitness For Human Habitation Act Becomes Law

Fitness For Human Habitation Act is now live, but what does this mean for Landlords?

Why is pays to use an agency that specialises in land deals

October 2018

Self managing? How evicting a tenant could fail spectacularly

September 2018

How we handle the three D’s – Death, Divorce & Debt

August 2018

First time buyers outstrip movers for first time in 23 years

July 2018

What does the profile of a modern landlord now look like?

Could your garden offer you the financial security we all strive for?

The top 4 things that put off UK homebuyers on viewings

House sale failures in the UK fell from record high in first quarter of 2018

Five year mandatory electrical checks for all private rental homes

What are the property improvements that give the best and worst returns?

May 2018

We’ve been selected to join an exclusive national Land and New Homes Network

Your rights for inspecting or viewing a property as a landlord