OREANDA-NEWS. September 19, 2012. Four out of 10 UK adults venture less than five miles from their family home when moving out permanently for the first time.

According to data from Aviva’s latest Family Finances Report, 38% of people stay within a five-mile radius of their parents’ home when flying the nest, with one in 10 (10%) going less than a mile away and 3% moving no further than the next street.

The most common distance moved when people leave home for the first time is just 3.5 miles.

People in the north east are the most likely to stay close to home, with 42% remaining within a five mile radius. One in eight (13%) in the north east move no more than a mile and 4% remain on the same or next street.

At the opposite end of the spectrum, people in Wales are most likely to go further afield with almost half (44%) moving more than 20 miles away, compared to the national average of 29%. Around a quarter (26%) of Welsh residents stay within a five-mile radius of their family home.

Louise Colley, head of protection sales and marketing for Aviva says: “Our latest Family Finances Report showed that multi-generational living is fast becoming the norm in the UK with many young adults living with family for longer as they find their feet financially.

“We’ve also found however that even when people do leave home for the first time, many are still keen to stay close to family. This could be because they need to stay local due to work, or simply because they love the area they grew up in. But we also know that around half of the young people interviewed said they enjoy ‘being looked after’, so it’s quite possible that apron strings are playing a part too!”