Tuesday, November 5, 2024

UK’s most popular retirement town is a picturesque coastal district in England

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New research reveals the most popular retirement towns in Britain, by comparing the population density of retirees in each town.

The numbers by Fabulous Vegas reveal that North Norfolk (33.8 percent), followed by Rother (32.6 percent) and East Lindsey (30.6 percent), are among the top ranks with the highest density of residents aged 65 and above.

Also ranking the costliest towns by comparing average property prices over the past year, findings show that Westminster (£1,747,429), Kensington and Chelsea (£1,728,191), and Hammersmith and Fulham (£1,379,345) are the most expensive retirement hubs.

The top three retirement towns in Britain:

North Norfolk

North Norfolk, on the east coast of England with its award-winning beaches and charming village markets, emerged as a favourite among retirees with a 33.8 percent population of residents aged 65 and above. Property here is priced at an average of £356,500, making it a mid-range option for those seeking a quiet, peaceful lifestyle in the countryside.

Rother

Coming in second is Rother, in East Sussex. With 32.6 percent of its population accounting for senior citizens, and a significantly lower property price of £173,232, the seaside town is loved by those seeking a ‘slow life’, with plenty opportunities to sit and admire the view, as well as step out, golf, and go on a hike.

East Lindsey and Dorset

Both East Lindsey and Dorset have tied for the third place, with East Lindsey’s cheaper average property price of £186,194 (as compared to £396,377) giving it an edge.

While 30 percent of Dorset’s population fall within the demographic, 30.6 percent of residents are aged 65 and above in East Lindsey.

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