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Glws
Suppose a huge chunk of SDLT is cheaper than private school fees in the long run.
The problem with "catchment areas" is that unless the school is so large (or the catchment area so small) that it can guarantee that everyone in a certain area gets in then it'll end up coming down to distance-to-school as a tie-breaker as there is usually a huge variation in intake between years.
Some of the local primary schools around us have been as low as 120m once siblings have been given their precedence.
Also, if this is the case, then this will often be priced in to the properties close to the school.
(MiniGB's old primary moved to a ballot rather than distance-to-school to help get away from this system gaming.)