The Ofsted effect: £87,000 increase in property values for every 10% increase in the number of Outstanding schools.
To coincide with the back-to-school period in September and Open Day season in October, Barratt London took official Ofsted data for London’s primary and secondary schools and grouped boroughs by their percentage of Ofsted-rated outstanding schools.
The results show an average and consistent property price drop (or rise) of £87,127 from each Ofsted-rated outstanding bracket – something to consider before committing to such a significant investment.
As the table below indicates, the higher the percentage of Ofsted-rated outstanding schools in a borough, the higher the average property price.
*Not included in the average calculation.
As the table below indicates, the higher the percentage of Ofsted-rated outstanding schools in a borough, the higher the average property price.
So where is the best value place to live?
While Kensington and Chelsea are home to the highest-rated schools, with not one school in the borough deemed to ‘require improvement’ or be ‘inadequate’, this performance does come at a cost – a staggering £1,326,653 on average.
Furthermore, the chances of earning a place in the school of your choice are slim – just 68.4% for primary schools and 54.3% for secondary schools.
Taking into consideration Ofsted ratings, the likelihood of receiving your first choice and average house prices, the best value borough for education comes out as Harrow.
In Harrow, 47.5% of all schools are deemed outstanding by Ofsted (third highest in the dataset). It also offers a much higher chance of getting the school you want – there’s an 85.5% chance of getting into the first preference for primary schools and 69% for secondary schools.
Plus, average house prices in this borough are far more affordable (£468,464). This all combines to make it a great value borough to set down roots for the future.
The table below details the top 10 boroughs with the highest average OFSTED rating (combined primary and secondary):
To view the full dataset online, which includes projected school demand up to 2027, the list of boroughs where you are most likely to get your first preference and more, click here.
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