The recent release of positive results from schools in and around London is likely to result in the further inflation of house prices according to Ratedpeople.com, the UKs largest matchmaking service for home owners and recommended tradesmen.
With good schools becoming an increasingly relevant aspect of home owners decisions to move house or stay put, property near to high calibre schools that are well regarded are likely to come at a premium. As such, many areas around reputable schools may see a freeze in movement as many buyers cannot afford to buy properties in their desired area.
At the opposite end of the spectrum, those areas with schools achieving consistently poor annual results are likely to see a fall in house prices, which may result in an influx of people buying houses in such areas for investment rather than to live in.
Andrew Skipwith, Founder and CEO of Ratedpeople.com, said: The recently published results from schools, particularly in the capital and around neighbouring areas, is almost certain to have an impact on the price of land and property nearby.
However, those home owners who are looking to move home and arent concerned by local school results may find that now is a good time to invest in property in areas that have underachieving schools.
Ratedpeople.com helps home improvers find recommended tradesmen quickly and easily. You can choose from 24 different trades and find tradesmen such as a recommended loft conversion specialist, local builders or a recommended bathroom designer.
Every month, Ratedpeople.com manages over £30m in home improvement projects with more than 1,000 tradesmen signing up, making it the UKs largest match making service for home improvers and recommended tradesmen. There are more than 55,000 ratings on Ratedpeople.com to date and its system ensures that tradesmen are only rated by previous customers who find them through the site. This results in one of the fairest and most robust rating systems on the web.
For further information on how to source a recommended tradesman in your area, visit Ratedpeople.com.