Parents will have to part with nearly £34,000 extra in order to live beside one of the country's top performing state schools.
New research by Lloyds TSB has discovered the premium attached to getting a house in one of these areas.
Properties near the top 30 state schools in England – according to GCSE results in 2011 – are on average 12 per cent dearer than other homes.
Indeed, the postal districts for six of the 30 top state schools carry a premium of over £100,000, which highlights the problems facing families keen to send their offspring to the finest learning centres.
Some 21 of the 30 postal districts of the best schools have an average house price in excess of the national average of £236,321.
Suren Thiru, Housing Economist at Lloyds TSB, said the presence of a good school in a neighbourhood "appears to help support property values".
He added part of the problem this creates is that "many lower and middle income families find it very difficult to purchase a home in these locations".