The 69-year-old London-born singer relocated to the US in 1975 to avoid tax, which at the time stood at 83 per cent for those earning the most money.
But he is now planning on moving back to his homeland permanently so his youngest sons, Alistair, eight and Aiden, three, can be educated there, reported Daily Mirror.
When asked if his childhood home of Archway, London, still holds memories for him, Stewart said, "Oh yeah. This place is still in my heart. We are planning hopefully on moving back in about 18 months so my kids can grow up here. It's not definite.
Stewart's 4.65 million pounds home in Essex is ready for the family's return, but they will still keep their Beverly Hills home and split their time between the two.
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