Free school areas outstrip others
AVERAGE property asking prices in the areas around the new free schools are £126,430 more (or 57.5 per cent) than the UK average, say Primelocation.com
Two of the new schools (ARK Conway Primary Academy and St Luke’s Church of England Primary School) are surrounded by property worth over £1,000,000 on average. Both the schools are in London.
Of the 24 free schools which have opened nine are in the capital, nine in the Midlands and the North and two in East Anglia. A further four schools have also opened in the South East of England.
Nigel Lewis, property analyst at Primelocation.com, says many of the free schools have been set up in affluent areas.