2037 is when ALL property in London will cost at least £500,000

Finding a forever home is the aim for thousands of UK property buyers, and the search has become even more important with millions of Brits working from home during COVID-19.

In our latest study, Bequests has looked at several locational, financial and lifestyle factors to determine the best cities and London boroughs to find your forever home.

Our study revealed that Brits are likely to stay in their homes for only an average of 12 years, with this number rising to 17 years within London.

The study takes into account the quality of schools and crime levels, along with the average price and size of houses in major UK cities, and London Boroughs, as well as looking at factors specific to properties, such as size and price.

Reading has been revealed as the worst UK city to find a forever home. Owners will stay in their property for around 3 years, and the city comes in the bottom 10 for other factors such as percentage of schools rated good or outstanding, number of GP’s per 100,000 patients and recorded crime levels.

The cities where individuals are least likely to find their forever homes offer some of the smallest houses on average. Aberdeen homes have an average amount of space of just 44m2, however, they have a fairly cheap average house price of £188,431. The majority of houses bought in the 10 worst cities will be sold again in under four years.

Scotland does not fare well, with both Aberdeen and Edinburgh being in the bottom 10, the lack of high-quality secondary schools in the cities pay a large part of this. However, they do boast the highest rates of GP’s per 100,000 patients, with Aberdeen having 117 GP’s and Edinburgh 125. In contrast, the highest English city is Plymouth with 97 GP’s per 100,000 patients.