Homeowners on the Isle of Wight are likely to live in 6 homes during their lifetime according to a new survey to mark New Homes Week (15th-21st May).
The Barratt Homes study into house moves reveals that the vast majority of the Island’s residents were found to be real home-birds – with 31.5% expecting to move home just 4 to 5 times in a lifetime.
Looking at the age of respondents, the older they are, the slightly higher (and more accurate) the number, with older people averaging 6 homes in a lifetime, while younger people
anticipate moving 4 times.
The trend – perhaps surprisingly – goes against the fact the younger generation are perceived as more fluid and transient, the job market more volatile and the world in general ever more travelled and easier to explore.
Of the factors that encourage Isle of Wight homeowners to find and stay in an area, the main reason is affordability (46.9%), followed by good local amenities (46.15%), being close to friends and family (43.85%) and good transport links (40.8%). Criteria which doesn’t rank so critically includes access to local attractions, sports and entertainment (20%) and being close to good schools (25.4%).
Barratt Homes sales director Michelle Storer said:
“We can take from this survey that people on the Isle of Wight are generally happy with their homes. They choose to stay in the area for reasons such as proximity to work and to services while family and friends play a big factor in their decisions.”
She said the fact that new homes are designed to be flexible and accommodate couples and families at different times of their lives are likely to mean even fewer moves it the future.
“New Homes Week is a great opportunity to showcase how new homes are designed with modern living in mind. Buyers like the flexibility of open plan living, the ease of working from home and the build quality and energy benefits of new homes. They know that these homes have been well designed with the future in mind and have been built in sought-after locations.”
For more information about homes near you from housebuilder Barratt, call 0844 5710 385 or visit barratthomes.co.uk.
