UK dream home is in the South West and less than 10 years old

The UK’s dream home would be a four bedroom detached listing by the sea in South West England that is less than 10 years old, according to new research.

Indeed some 31% of those surveyed would like a modern home and a home in the countryside is a popular choice, which 39% said they’d like and just 6% said their perfect place would be in a city.

The South West was the most desired part of the country to reside where 26% would choose to live, according to the research from AA Home Membership.

However, the research also revealed that if money were no object, many people would choose to stay in their local area. For example, 69% of Scots say their dream home would be in Scotland and 71% of Welsh respondents would stay in Wales.

But it wasn’t a trend that extended to the whole of the country. Some 35% of those living in the West Midlands would like to live in the South West while 29% would choose to stay put. Similarly, 20% of respondents living in the East Midlands would continue living there while 27% would also like to move to the South West.

‘This research shows that the British public largely agree about what they want in a dream home except for the location,’ said Helen Brooker, head of AA Home Membership.

‘It’s interesting that, if given the chance to live anywhere, many people would choose to live in the area where they’re from. But other than that, the South West is the most popular location in the UK. If everyone went there maybe it would become so crowded it would lose its appeal,’ she pointed out.

The research shows that while younger people aspire to own substantial listings, older respondents have more modest ambitions. Home owners aged over 65 are the age group most likely to want a two or three bedroom home with 52% saying so.

Those who live in the North West are most likely to say that their dream home would not be in the UK at 19% compared to 13% overall.

Respondents also had strong feelings about the age of their dream listing. Some 73% of respondents want a house that’s less than 100 years old and the likelihood of wanting a new listing increases with age. Character listings that are more than 100 years old are not as popular as we might expect as only 18% would like to live in such a home.

Adding to the appeal of a home in the South West is the hit BBC television series Poldark which had resulted in enquiries about homes in locations in Cornwall where it was filmed soaring.

Estate agents report a rise in enquiries in villages, such as Charlestown, Gunwalloe and Porthgwara, according to listing site Rightmove.
Brian Deacon, sales and marketing director for Linden Homes, which have a development near Charlestown said reservations and visitor levels at the housing scheme have certainly increased since the TV series highlighted the beautiful local scenery.
‘The Poldark effect is definitely having an impact on sales and I’m not surprised as this particular corner of Cornwall is such a stunning part of the world,’ he said.

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Source: Property News Spain