It’s local people who’ve found a new home at Great Oaks in Engine Common near Yate. With new data showing that most purchasers at our Engine Common development have moved from local postcodes rather than relocating from further afield.
People already living in Yate and neighbouring communities are the main buyers at Great Oaks.
Around 60% of buyers have relocated from local postcodes
A notable cluster of buyers, around 60% of purchasers, have relocated to Great Oaks from postcodes including Yate itself (BS37). Alongside neighbouring areas such as Frampton Cotterell and Coalpit Heath (BS36), as well as north and east Bristol postcodes BS16 and BS34.
This pattern highlights a strong desire among local residents to remain close to established family, work and community networks. While harnessing the benefits of living in a brand new, energy efficient, zero carbon home.
The buyer data has been analysed as Great Oaks reaches the final stages of completion, with just three of the 84 homes remaining for sale. All are four bedroom detached properties, with stamp duty paid on the remaining homes.
Location the most frequently cited reason for moving
Location was the most frequently cited reason for moving, with buyers drawn by the setting of Great Oaks itself. Situated on the edge of the countryside yet close to everyday amenities, the development offers a quieter, more rural feel while remaining well connected. Residents are within easy reach of shops, schools, a cinema and a local pub. While also benefiting from access to countryside walks, a cycle hub linking to the national cycle network and on-site allotments.
Notably, five first time buyers have secured their first home at Great Oaks, all of whom were already living locally. Demonstrating how new development can help local people take their first step onto the property ladder close to home.
Alongside the strong local interest, Great Oaks has attracted a smaller number of buyers from further afield. Including the Midlands, North of England and mainland Europe. This highlights the wider appeal of both the area and the quality of the zero carbon homes being delivered.
All homes use renewable energy in place of fossil fuels
All the new homes use renewable energy in place of fossil fuels. With high levels of insulation, solar panels for electricity generation, air source heat pumps for hot water and heating, and an electric car charging point.
Marcus Evans, Sales & Marketing Director for Newland Homes, comments: “With such strong demand from nearby postcodes, particularly Yate itself, we wonder whether the four remaining homes will be bought by people already living locally. Or by those moving into the area for the first time, drawn by the quality of the zero carbon homes and the location.”
Prices start from £550,000 for our final four bedroom homes, with no stamp duty to pay. To book a tailor-made appointment please call 01454 537993. For further information and to view the homes online please click here or follow us on socials @newlandhomes
Newland Homes Limited is a property developer registered in England and Wales number 2582221.
Registered office: Brighouse Court, Barnett Way, Barnwood, Gloucester, GL4 3RT.
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