Avoiding catchment premiums: London postcodes with Outstanding schools — and property prices below the area average

The London property market is driven by great state schools. Parents are willing to pay a premium to live near an outstanding school, such as Gospel Oak Primary School in Hampstead Heath. This is 81% more than Camden’s average price, GBP944,000. This is GBP110,000 lower than the average Haringey home price of GBP714,000. Although Rhodes Avenue is near Alexandra Palace Park, prices have been kept low due to its lack of a nearby tube station. Lewisham, where homes in the vicinity of Rathfern Primary School, Catford cost an average GBP486,266 is another cut-price option. The average property price in the borough is GBP531,392. The average price in the borough is GBP531,392. “Often, the decision to award the last few school places is influenced by the address. Some parents will even move their home to be in the catchment area for a top school.