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House Prices Reflect the Quality of Nearby Schools

By: Jack Claridge - Updated: 25 Nov 2010 | comments*Discuss
 
Schools House Prices Local Education

Many people consider the rising price of housing today to be something that impacts on the nature and quality of schooling.

It is true that this sometimes is the case, but it also true that for the most part, house prices do not have a bearing on the quality of a particular school or catchment area.

House Prices and Education

Certainly this will have a bearing if you have made the conscious decision to move from one area to another to increase your child's chances of being accepted into a particular school. But given that this in itself is not necessarily a measure of success - as we have already discussed - one should consider all the options.

House prices, as we all know, are rising steadily as is the cost of borrowing so it is not always an option to move home, or sell your home and rent other accommodation, in order to secure your child's place.

For those people living in council housing areas this is not a concern but likewise it does not mean that their children's standard of education is any less than that of someone who has bought their home or is in the throes of doing so.

For the most part education remains untouched by the rise in house prices and therefore whether one's child comes from a background where finances are not a problem - or from a background where finances are limited - the standard of education is the same.

Certainly inner city schools may not benefit from massive cash injections from the government year in year out, but it is to be commented on that the standard of education provided by the teachers is high.

Again it must be said that if you lived in an area where your only choice of school was a private school, then perhaps that might have some bearing. But given that most parents are not in a position to pay private school fees the state system fares well and suits most children.

At the time of writing we are aware of significant rises in interest rates, which in turn have had a knock on affect to the value of borrowing, thus making it impossible for some parents to buy a home or indeed to sell and move to another area.

With this in mind it seems only reasonable to assume that many parents have to limit their choices of schools for their children and to operate within their budgets.

Many might argue that house prices are directly related to the standard of education received by their children in schools, but recent government reports and statistics from local education authorities insist that children living in inner city areas and children living in more financially stable areas are fairing equally well.

Indeed it is suggested that many children on either side of this financial divide are receiving an education, and subsequent examination results, which are indicative of what any parent might reasonably come to expect for their child.

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