The lifetime of a homeowner - including moving out at 21 and spending £26 on redecorating

The average UK homeowner moves out of their parent's at 21, lives in seven houses and spends £26,295 on redecorating over their lifetime, according to new research.

By The Newsroom
Wednesday, 12th April 2017, 11:39 am
Updated Thursday, 7th June 2018, 9:29 pm

And the typical mortgage will take 20 years and nine months to pay off - costing a total of £134,864.82 in the process.

Homeowners will end up living approximately 66 miles away from their childhood home on average - and will only live in TWO cities their entire life.

While a total of £14,138 will be spent on hiring removal vans, paying the legal fees and paying the stamp duty during the typical Brit’s lifetime.

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UK adults will reside in two rental properties before getting on the property ladder for the first time.

The research of 2,000 UK homeowners was commissioned by Origin, manufacturer of bespoke aluminium bi-folding doors, residential doors, windows and blinds.

It looked at the different stages of property buying for the average British homeowner and how property aspirations change over time.

Ben Brocklesby, Director at Origin, said: “With the cost of moving so high, we have seen that families now choose to improve their current homes, rather than move.

“Many years ago, a home would be for life, but that changed and people started moving as their needs changed - whether it be as a result of new job or starting a family.

“However, today we are seeing a resurgence of people choosing to renovate and improve their current property so it fits with their needs without incurring moving costs.”

Typically, it takes four months and three weeks to get settled in to a new home - while over half of adults described moving home as the most stressful thing they’ve ever done.

On average, respondents will contribute towards two separate mortgages over their lifetime, and will typically look to downsize age 56.

The average UK property is estimated to be worth £249,127 on average among those polled - while the typical mortgage is £542.41 per month.

Of those who have ever had a mortgage, 39 per cent have paid it off, with the largest proportion of them - 27 per cent - aged 55 and over.

More people - 29 per cent - live in properties built before the 1950s than from any other period.

The average UK home has three bedrooms, while eight in 10 adults own a home with off-road parking and over half own a house with a garage.

The most popular style of interior is ‘modern’ followed by ‘English country’ and ‘minimalist’.

Seven in 10 homeowners jointly own their property with their partner and a fifth received money from their parents to help them get on the property ladder.

A third of home owning Brits currently live in a semi-detached property, over a quarter live in a detached house and 15 per cent live in a terraced home.

The research also explored what UK homeowners of different demographic groups consider to be most important about their homes.


1. Will splash out £14,138 on house moves

2. Will live in seven different properties throughout their life

3. Spends four months and three weeks settling into a property

4. Will spend £26,295 redecorating

5. Will take 20 years and nine months to pay off their mortgage

6. Moves out of their parent’s home aged 21

7. Will have two mortgages

8. Downsizes at 56 years old

9. Will live in two different cities

10. Will spend £134,864.82 paying off their mortgage


Ben Brocklesby said: “By speaking to homeowners of all ages through the research we have identified five distinct stages homeowners commonly go through.

“Each shapes the composition of the home we live in now and our home aspirations for the future.

“The homeowner profiles - the ‘Penthouse Pretenders’, ‘Multi-Space Renovators’, ‘Dynasty Dwellers’, ‘Zoneowners’ and ‘Full Spec Finders’ - each have different priorities for the layout, style and function of their homes.”


A private garden, big bathroom and lots of natural light are among the most important aspects of a home for young couples with no children.

Homeowners at this stage also want a nicely decorated home with big windows, period details and great views.


Couples with children under five years old consider a playroom and a homework area for children to be nigh on essential.

A house with potential for renovation is also important - along with proximity to schools and their place of work.


Families of multiple generations living under one roof said having a separate living area for children and having a ‘granny annex’ are key to what they want in a home.


For families with teenage children, a separate work space is a must - while having more than one bathroom is also considered important.


This group refers to retired couples whose children have flown the nest - and having lived in at least eight properties, they know what they want from their homes.

And specifically they want their home to have a separate dining room, double glazing and a downstairs loo.