Postby AbbevilleMummy » Mon Dec 02, 2013 10:13 am
I think if you do a bit more research you'll find that the situation isn't as extreme as you think.
House prices have gone crazy in the area due to such a high demand for family houses which means that there is now not a huge difference between price inside or outside catchment. In this area, it is now extremely difficult to find a family house below £1m no matter how far it is from Honeywell.
As for rental prices, your £1.5k per month is way off. I doubt you'll find a nice family house anyway in London for that. And inside catchment it's more like £4k per month, especially at this time of the year.
So yes, you may well end up having to pay for private, but even if you had gone down that route in the first place, you probably wouldn't have ended up paying much less to buy a house.