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Homebuyers forking out 130% more to live near a top international school

Large-International-Schools

The latest research by lettings and estate agent, Benham and Reeves, has revealedthe cost of buying around one of the UK’s top international schools and which are currently most in-demand amongst homebuyers.

House Prices

The research found that property prices in postcodes home to a top Independent IB School average £542,583, 130% more than the current UK average of £235,673.

The most prestigious from a property price point of view is the Halcyon London International School. Located in the City of Westminster, the co-ed school costs a cool £26,352 a year while property in the W1H postcode will set you back £2.9m on average.

The nearby W1T postcode, home to the Southbank International School, is also home to an average property price of £2.1m, while ACS Cobham International School in Surrey is the most expensive outside of London (£828,435).

Godolphin and Latymer School in Hammersmith’s W6 postcode is home to the highest house price for an all-girls international school (£808,441), while King’s College School in Wimbledon (£599,746) is the most expensive all-boys school.

Rossall School in Lancashire’s FY7 postcode is home to the most affordable property price of all international schools at £129,002.

Buyer Demand

Benham and Reeves also looked at the schools where buyer demand is highest based on the level of stock being snapped up by homebuyers as a percentage of total stock on the market.

The research shows that Fettes College in Edinburgh is currently home to the highest demand, with 64% of all homes for sale in the EH4 postcode listed as sold or under offer.

Bromsgrove School (59%), Bryanston School in Dorset (57%), Taunton School in Somerset (55%), Bedford School (53%) and Felsted School in Essex (53%) are also amongst the most in-demand schools where homebuyer demand in the surrounding area is concerned.

ACS Hillingdon International School is the most in-demand within the M25, with homebuyer demand currently as 52%.

Managing Director of Benham and Reeves, Anita Mehra, commented:

“The quality of education available in a given area is always a driving factor for many parental homebuyers, and this is undoubtedly no different where foreign interest is concerned.

With schools now returning, we’ve seen a sharp uplift in both domestic and foreign buyer demand in areas home to top educational institutes over the last few weeks, as many look to secure a property within touching distance of their chosen school.

This has been primarily due to interest from Asia, with the quality of their children’s education top of the list for these buyers. Interest from Hong Kong, in particular, has been high as many look to escape a turbulent landscape to provide their children with a more stable environment in which to learn.”

Table shows the top 40 UK international schools ranked by highest to lowest buyer demand
School Name Address Outcode Boy/Girl Day School Fees p.a Average House Price Buyer Demand
Fettes College Carrington Road, Edinburgh, Lothian, EH4 1QX EH4 Co-ed £29,925 £359,112 64%
Bromsgrove School Worcester Rd, Bromsgrove, Worcestershire, B61 7DU B61 Co-ed £17,085 £268,227 59%
Bryanston School Bryanston, Blandford Forum, Dorset, DT11 0PX DT11 Co-ed £13,231 £338,825 57%
Taunton School Staplegrove Road, Taunton, Somerset, TA2 6AD TA2 Co-ed £20,070 £253,505 55%
Bedford School De Parys Avenue, Bedford, Bedfordshire, MK40 2TU MK40 Boys £19,842 £282,714 53%
Felsted School Felsted, Dunmow, Essex, CM6 3LL CM6 Co-ed £24,495 £455,763 53%
King Edward’s Witley Petworth Road, Wormley, Godalming, Surrey, GU8 5SG GU8 Co-ed £21,285 £636,495 52%
ACS Hillingdon International School 108 Vine Lane, Hillingdon, Uxbridge, UB10 0BE UB10 Co-ed £25,890 £503,659 52%
Charterhouse School Godalming, Surrey, GU7 2DX GU7 Co-ed £33,630 £413,095 52%
Oakham School Chapel Close, Oakham, Rutland, LE15 6DT LE15 Co-ed £21,360 £317,583 50%
Brentwood School Middleton Hall Lane, Brentwood, Essex, CM15 8EE CM15 Co-ed £19,800 £509,820 50%
Christ’s Hospital Horsham, West Sussex, RH13 0YP RH13 Co-ed £23,310 £434,992 50%
Whitgift School Haling Park, South Croydon, Surrey, CR2 6YT CR2 Boys £20,640 £366,696 50%
Windermere School Browhead, Patterdale Road, Windermere, Cumbria, LA23 1NW LA23 Co-ed £18,300 £391,660 49%
Rossall School Broadway, Fleetwood, Lancashire, FY7 8JW FY7 Co-ed £13,740 £129,002 48%
Sevenoaks School Sevenoaks, Kent, TN13 1HU TN13 Co-ed £27,585 £575,071 48%
Ardingly College College Road, Ardingly, Haywards Heath, West Sussex, RH17 6SQ RH17 Co-ed £23,985 £569,427 47%
St Leonards School St Andrews, Fife, KY16 9QJ KY16 Co-ed £15,474 £330,275 47%
Scarborough College Filey Road, Scarborough, North Yorkshire, YO11 3BA YO11 Co-ed £15,282 £152,837 46%
Worth School Paddockhurst Road, Turners Hill, Crawley, West Sussex, RH10 4SD RH10 Co-ed £24,570 £338,370 46%
Cheltenham Ladies’ College Bayshill Road, Cheltenham, Gloucestershire, GL50 3EP GL50 Girls £29,280 £346,051 46%
Haileybury Hertford, Hertfordshire, SG13 7NU SG13 Co-ed £26,646 £411,800 46%
ACS Cobham International School Portsmouth Road, Cobham, Surrey, KT11 1BL KT11 Co-ed £27,650 £828,435 45%
Headington School Oxford, Oxfordshire, OX3 7TD OX3 Girls £19,905 £438,019 43%
Portsmouth Grammar School High Street, Portsmouth, Hampshire, PO1 2LN PO1 Co-ed £16,551 £224,117 42%
Box Hill School Mickleham, Dorking, Surrey, RH5 6EA RH5 Co-ed £20,220 £567,285 42%
Wellington College Duke’s Ride, Crowthorne, Berkshire, RG45 7PU RG45 Co-ed £30,375 £454,497 41%
Stonyhurst College Clitheroe, Lancashire, BB7 9PZ BB7 Co-ed £20,550 £265,960 41%
St Clare’s 139 Banbury Road, Oxford, Oxfordshire, OX2 7AL OX2 Co-ed £19,878 £579,991 41%
St Edward’s School – Oxford Woodstock Road, Oxford, Oxfordshire, OX2 7NN OX2 Co-ed £31,590 £579,991 41%
Marymount International School George Road, Kingston upon Thames, Surrey, KT2 7PE KT2 Girls £24,985 £618,106 40%
Dwight School London 6 Friern Barnet Lane, London, N11 3LX N11 Co-ed £23,280 £510,981 39%
ACS Egham International School London Road, Egham, Surrey, TW20 0HS TW20 Co-ed £25,870 £462,370 38%
TASIS – The American School in England Coldharbour Lane, Thorpe, Surrey, TW20 8TE TW20 Co-ed £25,605 £462,370 38%
King’s College School – Wimbledon Southside, Wimbledon Common, London, SW19 4TT SW19 Boys (Co-ed 6th form) £22,335 £599,745 35%
King Edward’s School – Birmingham Edgbaston Park Road, Birmingham, West Midlands, B15 2UA B15 Boys £13,692 £255,837 32%
Godolphin & Latymer School Iffley Road, Hammersmith, London, W6 0PG W6 Girls £22,595 £808,441 25%
International School of London, London 139 Gunnersbury Avenue, London, W3 8LG W3 Co-ed £26,820 £546,159 20%
Halcyon London International School 33 Seymour Place, London, W1H 5AU W1H Co-ed £26,352 £2,916,920 9%
Southbank International School – Westminster 17 Conway Street, Westminster, London, W1T 6BN W1T Co-ed £31,680 £2,199,102 8%
Average £22,884 £542,583 44%
Data Sourced from PropertyData
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Established in 1958, Benham and Reeves is one of London’s oldest, independently owned property lettings and sales agents. With specialism in residential sales, corporate lettings and property management in prime areas of London, the company operates from 21 prominently located branches and 14 international offices.

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