Skip navigation

Monthly Archives: December 2012

At last – Estate agents are deemed more trustworthy than politicians or bankers – but only just!

In 2004 Which Magazine compiled a survey of the least trusted professions.  Topping the list was the good old Tabloid Journalist, but in second place was the Estate Agent.  Seven years on, the survey has been repeated and, would you believe it, second and third are now taken by Bankers and Politicians.  Estate agents have gone from 2nd to 4th place in the latest survey.

Have there been any changes in the last 7 years that could have lead to this slight improvement in trustworthiness?  Well, in theory, yes there have.  Since the last survey was taken, compulsory membership of the Property Ombudsman Scheme has been introduced and tenants have greater protection with the new deposit protection scheme. 

In practise, however, it probably hasn’t made a blind bit of difference to the average estate agent.  Whilst the Ombudsman is supposed to protect the consumer, the annual report, aside from giving some very entertaining stories about what can go wrong for an estate agent, details numerous case studies where the agent has been found guilty of deception or incompetence.  In almost all of these examples, the agent has been forced to pay the most derisory compensation payments imaginable (I’ve written a separate article on this previously!(https://saleboards.wordpress.com/2012/09/05/the-property-ombudsman-a-help-or-hindrance/)).  In the last 7 years, the country has seen a banking crisis and numerous examples of bankers behaving badly or stupidly with our hard earned money; Politicians have fared little better with their own expenses scandal.  Don’t forget,  the number of housing transactions is running at an all-time low, meaning a much higher proportion of the population may not have used an estate agent than in the boom times of 7 years ago.  With only 11% of those surveyed saying they would trust an estate agent, and having only moved up the rankings because other professions are now perceived as being even worse, this is no cause for celebration within the industry.

Yet a quick skim of the customer reviews from our own agency paints a very different picture.  Founded on ethical values, customers who have bought or sold through the agency often comment on how they felt they could trust the staff and directors to be completely honest in this somewhat tarnished profession.

So if you’re looking for someone to trust to look after the sale of what is probably your most valuable asset, check out the growing website www.allagents.co.uk , where customers are invited to review their experiences of estate agents.  Furthermore, if an agent is making claims such as “We’ve definitely got buyers for your house” (which there is no way they can promise if the buyers haven’t already seen it) or they are prepared to value at a figure which is significantly higher than what you’d expect, then this is probably the first indication that you should stick with the 89% who don’t trust estate agents!

The Department for Education has issued the latest set of primary school league tables for the UK and it makes for some very interesting reading. These results rank their schools in three categories; what percent of children at that school will get the target level 4 in Maths and English, what percent of students are “high achievers” (the proportion of students likely to achieve significantly above the level 4), and the rather ambiguously titled “value added” score. This, put simply, rates the schools on how much they improve their pupils as they pass through the school.   For this reason, the “value added” score is generally regarded as the most indicative of the quality of a school, rather than schools who have smarter kids or more ambitious parents.

With all this in mind, let’s look at some of this week’s results in more detail.  Firstly, Broadclyst primary seems to be the best all-rounder.   97% of its students are expected to get Level 4’s at KS2 and their value added score is 102.9. It’s leading the way in the Exeter Area and is second in the whole of Devon. Running a close second on Value Added, St Sidwell’s Primary School is a surprise performer, which is all the more surprising when you consider that 41.5% of students don’t have English as their first language.   

The most interesting results for me are, however, the schools that aren’t doing so well.  Competition is fierce for places at St Leonard’s Primary School and at Ladysmith Junior School, yet neither of them are really capitalising on the students they’ve got, ranking 17th and 28th respectively in terms of the amount of value added to their students. Furthermore, neither of them are ranked in the top 10 schools for any of the categories.  As St Leonards is regarded as the ‘most professional parish’ in Exeter, one might expect more.  So while it may be that your child is socialising with the “right” kind of pupils and the school-gate experience is very much more in keeping with the parent’s desires, the children might not be capitalising on their education potential.

So what does all this mean for house buying then? Firstly, it means that buying a house in St Leonard’s Parish shouldn’t be the be-all and end-all of your school choices and there are many alternative options out there for your children, where you get more for your money. Properties in Broadclyst do command a premium on price, but then it’s the whole lifestyle you are paying for with a pretty, idyllic Devon village location with an excellent school.   It is likely that with the latest league table, prices are going to be on the up.

In Exeter, properties around St Sidwell’s are much more reasonably priced with plenty of four bedroom properties with a courtyard garden selling for the region of £225k. This area is a little bit of an oddity, as it was significantly influenced by investors snapping up the family size properties for student accommodation.  With the recent restrictions on converting houses to multiple occupancy, picking up a bargain around St Sidwells is become a possibility, as long as you don’t mind sharing your street with an ever-decreasing number of students.

Of the 30-odd schools in the Exeter area, there are lots of positives; there are plenty of good schools, the majority of which are doing well at getting the best out of their students, 82% of students will get the level 4 grade (the government standard level) in their year 6 assessments, and some 30% of students in the Exeter area will be classed as high achievers; working at the same level as the government would expect an average 14 year old to work.

Until now, when families moving to Exeter have asked the local agents where they should live to get their child into a good school, the answer would most likely have been St Leonards.  In light of the recent results, the advice could soon be changing. 

Our Picks:

  • Top Overall School:  Broadclyst Community Primary School.

Achieving the highest Value Added score in the area, this village school is forward thinking and community based –  One of many good reasons to move to Broadclyst!

  • Top Inner City School:  St Sidwells

A relatively small Church of England school with a definite multi-cultural feel.  Popular with Universtiy families and the local community.

  • Top Small School:  Ide. 

Located in a village, just a few hundred yards from the outskirts of Exeter, this school has an intake of only around 15 children per year group.  This makes it a contender for those looking for a smaller school with a community feel. 

In order of Value Added Score the local league table looks like this:

  1. Broadclyst Primary Academy Trust
  2. St Sidwell’s Church of England Primary School
  3. Exminster Community Primary
  4. Dunsford Community Primary School
  5. Redhills Community Primary School
  6. Woodbury Church of England Primary School
  7. Exwick Heights Primary School
  8. Ide Primary School
  9. Clyst St Mary Primary School
  10. Kenton Primary School
  11. Kenn Church of England Primary School
  12. The Topsham School
  13. Pinhoe Church of England Primary School
  14. Stoke Canon Church of England Primary School
  15. Newtown Primary School
  16. St Leonard’s (CofE) Primary School (VC)
  17. Bowhill Primary School
  18. St Nicholas Catholic Primary School
  19. Alphington Primary School
  20. Newton St Cyres Primary School
  21. St David’s Church of England Primary School
  22. Brampford Speke Church of England Primary School
  23. Stoke Hill Junior School
  24. Clyst Heath Nursery and Community Primary School
  25. Starcross Primary School
  26. St Thomas Primary School
  27. Countess Wear Community School
  28. Ladysmith Junior School
  29. St Michael’s Church of England VA Primary School
  30. Walter Daw Primary School
  31. Lympstone Church of England Primary School
  32. Whipton Barton Junior School