Living next to a good school can add tens of thousands to the value of your property, research has found. 

Multiple studies have shown the cost of homes near the best-performing schools can be more than 25 per cent higher than in other areas.

And some of the best examples are in Berkshire and Buckinghamshire which have some of the best state and grammar schools in the country. 

Government research on state schools suggest that homes near the 10 per cent best-performing non-selective secondary schools sell for nearly seven per cent more than homes in the surrounding area.

The same research shows that good primary schools are an even better draw, with average house price eight per cent better than those in surrounding areas. Even the next six per cent of primary schools have an affect, driving house prices up by around six per cent.

A separate study carried out by Lloyds Bank in 2015 found being close to a top state secondary school adds an average of £21,000 to house prices in the local area, with one school in Beaconsfield, Buckinghamshire, helping houses commanding a £483,000 premium over prices across the county.

The study named the high school, where 75 per cent of all students' grades in recent GCSEs were A or A*, as the school that added most to local house prices and the town as the least affordable place for local people wanting to get their children into the school.

Nine years on, not a great deal has changed other than the prices rising further. Average house prices close to the school stand at £925,000, 221 per cent above the average for the country and more than 26 times the UK average salary.

A spokesman for Savills said: "Highly regarded schools have long been a key driver for housing demand and we know that parents are willing to pay over the odds to live near state primary schools that are rated outstanding by Ofsted.

"The highest differential can be found in London, where buyers pay a premium to be near the best primary schools, when compared with those that require improvement or are considered inadequate.

"However, because of the fierce pressure on places, many families are now looking beyond the capital. For both the South East and the East of England, buyers pay hundreds of thousands more to be close to outstanding primary schools, 27 per cent and 32 per cent higher respectively, than they would for property near inadequate schools or those that require improvement."