UK houses near top state secondary schools cost £40,000 more, research reveals

Premium of nearly 10% paid by housebuyers comparable with cost of a cheaper private school over seven years

A house near a top state secondary school costs an extra 40,000 on average, according to research that reveals education premiums that rank alongside some private school fees.

The average property in a postcode district that includes a top 50 state secondary commands a price tag of 415,791, compared with 375,217 across the wider local authority areas in which those schools are located, a UK-wide analysis by the estate agent Yopa found.