From This is Money:
The building society looked at the impact on house prices of the local primary school having 10% more 11-year-olds who achieved a level four or above in their key stage 2 Standard Assessment Tests than surrounding schools.
House prices in all regions of England were higher if they were in the catchment area for a good school, with properties in Yorkshire and Humberside seeing the biggest increase in percentage terms of 4.6%, while those in the South-West saw the smallest rise at 2.6%.
The group said in the vast majority of primary schools in England, at least 70% of pupils achieved at least a level four in their SATs, while 30% of schools had an average attainment rate of between 90% and 100%.
Nationwide chief economist Martin Gahbauer said: ‘Following recent revelations around the lengths that some parents are prepared to go to get their child a place at a good school, we have revisited our research examining how property prices are influenced by the performance of local sch…