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19/07/2004
Finding better schools prime reason for house move, says survey
Up to 71,000 people will have moved home between April and September 2004 to ensure they fall into a better school catchment area, according to a survey published today.
According to Sainsbury’s Bank, moving home to secure the best schooling for their children was a greater motivation than moving to a house with a garden (50,000 people) or relocating from the city to the country (47,000).
Securing a better school education was also stated as a reason to move home by more people than moving in with a partner (22,000), disagreeable neighbours (27,000) or getting married (38,000).
A regional trend also reveals that parents in the Midlands and the south of England were more likely to move house in order to get into a better school catchment area than those based in the north of England and Scotland.
The survey’s findings underline the drastic measures taken by parents to get their children the best possible education.
Sainbury's Bank said that desperation to secure their offspring’s future is also helping to fuel the high cost of buying a home within a popular school catchment area. People are generally prepared to pay over 10% or more on the value of a property, the equivalent of almost £15,000 on the average UK house price, the survey found.
Robert O’May, home insurance manager, Sainsbury’s Bank said: “Our findings underline parents’ determination to secure a good school for their children, even to the point of moving house to ensure they live within a desirable catchment area.”
More than 2,000 UK homeowners were interviewed by telephone for Sainsbury's Bank.
(gmcg)
According to Sainsbury’s Bank, moving home to secure the best schooling for their children was a greater motivation than moving to a house with a garden (50,000 people) or relocating from the city to the country (47,000).
Securing a better school education was also stated as a reason to move home by more people than moving in with a partner (22,000), disagreeable neighbours (27,000) or getting married (38,000).
A regional trend also reveals that parents in the Midlands and the south of England were more likely to move house in order to get into a better school catchment area than those based in the north of England and Scotland.
The survey’s findings underline the drastic measures taken by parents to get their children the best possible education.
Sainbury's Bank said that desperation to secure their offspring’s future is also helping to fuel the high cost of buying a home within a popular school catchment area. People are generally prepared to pay over 10% or more on the value of a property, the equivalent of almost £15,000 on the average UK house price, the survey found.
Robert O’May, home insurance manager, Sainsbury’s Bank said: “Our findings underline parents’ determination to secure a good school for their children, even to the point of moving house to ensure they live within a desirable catchment area.”
More than 2,000 UK homeowners were interviewed by telephone for Sainsbury's Bank.
(gmcg)
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Over 27,000 Buy New Home Using Help To Buy Scheme
New data shows that more than 27,000 people across the country have bought a new home through the Help to Buy scheme. New stats show how the Help to Buy is opening up home ownership to thousands and supporting the government’s long term plan to help hardworking people secure a better future for their families.
29 February 2008
January House Prices Show Slight Increase
House prices in England and Wales increased by just 0.9% in January, according to the latest monthly figures from Land Registry. The increase takes the average house price to £186,045. However, the data shows a decline in annual house price changes, from 6.7% last month to 6.4% this month. London experienced annual price growth of 13.
January House Prices Show Slight Increase
House prices in England and Wales increased by just 0.9% in January, according to the latest monthly figures from Land Registry. The increase takes the average house price to £186,045. However, the data shows a decline in annual house price changes, from 6.7% last month to 6.4% this month. London experienced annual price growth of 13.
13 August 2007
House Prices Rise By 12% In June
UK annual house price inflation in June 2007 was 12.1%, up from 10.8% in May 2007. Annual house price inflation in London was 17.5% in June, up from 14.3% in May. The UK annual house price inflation rate for the 3 months to June was 11.3% and 15.1% in London. The UK house price inflation rate rose from 10.8% in May 2007 to 12.1% in June 2007.
House Prices Rise By 12% In June
UK annual house price inflation in June 2007 was 12.1%, up from 10.8% in May 2007. Annual house price inflation in London was 17.5% in June, up from 14.3% in May. The UK annual house price inflation rate for the 3 months to June was 11.3% and 15.1% in London. The UK house price inflation rate rose from 10.8% in May 2007 to 12.1% in June 2007.
12 December 2005
House price inflation drops
Annual house price inflation dropped again in October, according to the latest figures from the Office of the Deputy Prime Minister. House price inflation was 2.2% in October, a fall from September’s figure of 3.3%. The ODPM reported that the average house price in the UK was £186,103 in October, compared with £186,755 in September.
House price inflation drops
Annual house price inflation dropped again in October, according to the latest figures from the Office of the Deputy Prime Minister. House price inflation was 2.2% in October, a fall from September’s figure of 3.3%. The ODPM reported that the average house price in the UK was £186,103 in October, compared with £186,755 in September.
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