Parents are having to fork out on average an extra £80,000 to live in Linlithgow because they live within the catchment area of one the country’s best state schools.
House prices in West Lothian cost on average around £158,000 but the prices soar to nearly £242,000 when purchasing a house in Linlithgow, according to a new study conducted by the Bank of Scotland.
Linlithgow Academy is considered to be one of best state schools in Scotland. In the study, the high school was ranked 13th in the top 20 best in the country, with over 51 per cent of leavers achieving five Highers or more.
And it seems parents are willing to pay that extra amount to secure their children’s place at the school by living in the catchment area.
Graham Blair, mortgages director, Bank of Scotland said: “Being in the catchment for a good school is one of the major considerations parents take into account when purchasing a property.
“It is clear those choosing to buy near one of Scotland’s Top 20 state schools are paying a significant premium.
“While homeowners buying in these catchments are likely to make a reasonable return on their investment over the longer term.
“But it is also important to recognise that parents on low or average incomes may be unable to get their children access to the best schools.”