Their research revealed that 68% of primary school age children expect to own their dream home by the age of 35, despite 33% estimating their dream property will cost them between £500,000 and £1m.

The research showed that children in Yorkshire are the most hopeful, with 38% hoping to own their dream home by the age of 25 and 83% by the age of 35.

Steve Reid, retail director for Clydesdale Bank, said:

“As any parent knows, children can be very ambitious and it is always refreshing to hear about their hopes and dreams, however optimistic they may be.

“With 59% of kids hoping for a swimming pool and 25% wanting their own private theme park within the grounds, it is unsurprising that over a third of children think that their dream home will set them back in excess of £500,000.”

The research revealed that 71% of children believe they will earn up to £100 a week in their first job after school. However, 22% of those think they will only earn up to £10 a week which could take them over 100 years to save for a deposit on a home costing £500,000.