Rat and Mouse
Tue
24
Nov
How the kids at your local school affect the value of your house

Homes in catchment areas for good schools sell at a premium, we all know that. The Nationwide's the latest to put a number on it, and - interestingly - they've factored in the performance of the pupils.

The lender found that for every 10% increase in the Sats pass rate the average price of a nearby house rose by 3.3%. Across England as a whole this meant an extra £5,860 on the average house price of £176,611.

Another reason to call the cops if you catch them skiving off school. That's, of course, if you buy the freakonomics.

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